STOCK TITAN

[Form 4] Veris Residential, Inc. Insider Trading Activity

Filing Impact
(Low)
Filing Sentiment
(Neutral)
Form Type
4

Veris Residential director and Chief Executive Officer Nia Mahbod reported an award of 3,784.08 phantom stock units under the Veris Residential, Inc. Deferred Compensation Plan for Directors, with a reported per-share reference price of $15.2. The phantom units convert one-for-one into common stock and were credited on 09/30/2025 as a quarterly dividend on previously granted cumulative phantom units for director fees earned before the reporting person became an executive officer. The units are to be settled 100% in common stock upon termination of board service or upon a change in control.

Il direttore e il CEO di Veris Residential, Nia Mahbod, ha comunicato l'assegnazione di 3,784.08 unità di azioni fantasma ai sensi del Piano di Compensazione Differita per i Direttori di Veris Residential, Inc., con un prezzo di riferimento per azione di 15,2 USD. Le unità fantasma si convertono una-tanti in azioni ordinarie e sono state accreditate il 30/09/2025 come dividendo trimestrale su unità fantasma accumulate in precedenza per oneri da direttore maturati prima che la persona riportata diventasse dirigente. Le unità saranno regolate al 100% in azioni ordinarie al termine del servizio nel consiglio o in caso di cambiamento di controllo.
El director y CEO de Veris Residential, Nia Mahbod, informó una adjudicación de 3,784.08 unidades de acciones fantasma bajo el Plan de Compensación Diferida para Directores de Veris Residential, Inc., con un precio de referencia por acción de 15,2 USD. Las unidades fantasma se convierten una por una en acciones comunes y fueron acreditadas el 30/09/2025 como un dividendo trimestral sobre las unidades fantasma acumuladas previamente por honorarios de director ganados antes de que la persona informante se convirtiera en funcionaria ejecutiva. Las unidades se liquidarán al 100% en acciones comunes al terminar el servicio en la junta o ante un cambio de control.
Veris Residential의 이사회 디렉터이자 CEO인 Nia Mahbod가 Veris Residential, Inc.의 이사들을 위한 수당 계획에 따라 3,784.08개의 팬텀 주식 단위가 부여되었다고 보고했습니다. 주당 기준 가격은 15.2 USD입니다. 팬텀 주식 단위는 1:1로 보통주로 전환되며 2025-09-30에 이전에 이사 보수로 부여된 누적 팬텀 주식 단위에 대한 분기 배당으로 적립되었습니다. 이 단위는 이사회에서의 서비스가 종료되거나 지배권 변화 시 100% 보통주로 결제될 예정입니다.
Le directeur et PDG de Veris Residential, Nia Mahbod, a annoncé une attribution de 3 784,08 unités d’actions fantômes dans le cadre du Plan de Rémunération Différée pour les Administrateurs de Veris Residential, Inc., avec un prix de référence par action de 15,2 USD. Les unités fantômes se convertissent 1 pour 1 en actions ordinaires et ont été créditées le 30/09/2025 en tant que dividende trimestriel sur les unités fantômes cumulatives accordées précédemment pour les frais d’administrateur acquis avant que la personne signalante ne devienne dirigeante. Les unités seront réglées à 100 % en actions ordinaires lors de la fin du mandat au conseil ou lors d’un changement de contrôle.
Veris Residential Directors und CEO Nia Mahbod berichteten über eine Gewährung von 3.784,08 Phantomaktien-Einheiten gemäß dem Deferred Compensation Plan for Directors von Veris Residential, Inc., mit einem Referenzpreis pro Aktie von 15,2 USD. Die Phantomaktien wandeln sich 1:1 in Stammaktien um und wurden am 30.09.2025 gutgeschrieben als vierteljährliche Dividende auf zuvor gewährte kumulative Phantomaktien-Einheiten für Direktorenhonorare, die vor dem Eintritt der meldenden Person in eine Geschäftsführungsposition erworben wurden. Die Einheiten sollen bei Beendigung der Vorstandsmitgliedschaft oder bei einer Änderung der Kontrolle zu 100% in Stammaktien abgewickelt werden.
أفادت نيا مهبود، المدير التنفيذي ورئيسة مجلس الإدارة في Veris Residential، بمنحة قدرها 3,784.08 وحدة أسهم وهمية بموجب خطة التعويض المؤجل لعضوية المديرين في Veris Residential, Inc., مع سعر مرجعي للسهم قدره 15.2 دولار. تتحول وحدات الأسهم الوهمية هذه بنسبة 1:1 إلى أسهم عادية وتم اعتمادها في 30/09/2025 كأرباح ربع سنوية على وحدات وهمية تراكمية مُنحت سابقاً مقابل أتعاب المدير التي كسبت قبل أن تصبح الشخص المبلغ عنه موظفاً تنفيذيًا. ستُسوى الوحدات بقيمة 100% في أسهم عادية عند انتهاء خدمة المجلس أو عند حدوث تغيير في السيطرة.
Veris Residential 的董事兼首席执行官 Nia Mahbod 报告称,根据 Veris Residential, Inc. 董事延迟补偿计划,授予 3,784.08 单位幻影股,单股参考价格为 15.2 美元。这些幻影股单位按 1:1 比例转换为普通股,已在 2025-09-30 入账,作为对在报告人担任执行官之前因董事费用而已累计授予的幻影股单位的季度股息。这些单位在董事会任期结束时或发生控制权变更时,将100%以普通股结算。
Positive
  • 3,784.08 phantom stock units awarded that convert one-for-one into common stock
  • Phantom units credited as a quarterly dividend on previously granted cumulative director awards
  • Units to be settled 100% in common stock upon termination of board service or change in control
Negative
  • None.

Insights

TL;DR: Director awarded 3,784.08 phantom units convertible to common stock on 09/30/2025.

The filing shows that Nia Mahbod, who is both a director and the CEO, received 3,784.08 phantom stock units under the company's deferred compensation plan, credited as a quarterly dividend on prior grants. These units convert one-for-one into common stock and reference a per-share figure of $15.2.

This award was accrued while the reporting person served as a director and will be settled 100% in Veris Residential common stock upon the reporting person's board service termination or a change in control, which ties the payout to either an exit event or corporate control event.

Il direttore e il CEO di Veris Residential, Nia Mahbod, ha comunicato l'assegnazione di 3,784.08 unità di azioni fantasma ai sensi del Piano di Compensazione Differita per i Direttori di Veris Residential, Inc., con un prezzo di riferimento per azione di 15,2 USD. Le unità fantasma si convertono una-tanti in azioni ordinarie e sono state accreditate il 30/09/2025 come dividendo trimestrale su unità fantasma accumulate in precedenza per oneri da direttore maturati prima che la persona riportata diventasse dirigente. Le unità saranno regolate al 100% in azioni ordinarie al termine del servizio nel consiglio o in caso di cambiamento di controllo.
El director y CEO de Veris Residential, Nia Mahbod, informó una adjudicación de 3,784.08 unidades de acciones fantasma bajo el Plan de Compensación Diferida para Directores de Veris Residential, Inc., con un precio de referencia por acción de 15,2 USD. Las unidades fantasma se convierten una por una en acciones comunes y fueron acreditadas el 30/09/2025 como un dividendo trimestral sobre las unidades fantasma acumuladas previamente por honorarios de director ganados antes de que la persona informante se convirtiera en funcionaria ejecutiva. Las unidades se liquidarán al 100% en acciones comunes al terminar el servicio en la junta o ante un cambio de control.
Veris Residential의 이사회 디렉터이자 CEO인 Nia Mahbod가 Veris Residential, Inc.의 이사들을 위한 수당 계획에 따라 3,784.08개의 팬텀 주식 단위가 부여되었다고 보고했습니다. 주당 기준 가격은 15.2 USD입니다. 팬텀 주식 단위는 1:1로 보통주로 전환되며 2025-09-30에 이전에 이사 보수로 부여된 누적 팬텀 주식 단위에 대한 분기 배당으로 적립되었습니다. 이 단위는 이사회에서의 서비스가 종료되거나 지배권 변화 시 100% 보통주로 결제될 예정입니다.
Le directeur et PDG de Veris Residential, Nia Mahbod, a annoncé une attribution de 3 784,08 unités d’actions fantômes dans le cadre du Plan de Rémunération Différée pour les Administrateurs de Veris Residential, Inc., avec un prix de référence par action de 15,2 USD. Les unités fantômes se convertissent 1 pour 1 en actions ordinaires et ont été créditées le 30/09/2025 en tant que dividende trimestriel sur les unités fantômes cumulatives accordées précédemment pour les frais d’administrateur acquis avant que la personne signalante ne devienne dirigeante. Les unités seront réglées à 100 % en actions ordinaires lors de la fin du mandat au conseil ou lors d’un changement de contrôle.
Veris Residential Directors und CEO Nia Mahbod berichteten über eine Gewährung von 3.784,08 Phantomaktien-Einheiten gemäß dem Deferred Compensation Plan for Directors von Veris Residential, Inc., mit einem Referenzpreis pro Aktie von 15,2 USD. Die Phantomaktien wandeln sich 1:1 in Stammaktien um und wurden am 30.09.2025 gutgeschrieben als vierteljährliche Dividende auf zuvor gewährte kumulative Phantomaktien-Einheiten für Direktorenhonorare, die vor dem Eintritt der meldenden Person in eine Geschäftsführungsposition erworben wurden. Die Einheiten sollen bei Beendigung der Vorstandsmitgliedschaft oder bei einer Änderung der Kontrolle zu 100% in Stammaktien abgewickelt werden.
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
1. Name and Address of Reporting Person*
Nia Mahbod

(Last) (First) (Middle)
C/O VERIS RESIDENTIAL, INC.
HARBORSIDE 3, 210 HUDSON ST., STE. 400

(Street)
JERSEY CITY NJ 07311

(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Veris Residential, Inc. [ VRE ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
CHIEF EXECUTIVE OFFICER
3. Date of Earliest Transaction (Month/Day/Year)
09/30/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Phantom Stock Units $0(1) 09/30/2025 A 19.812(2) (3) (3) Common Stock, $0.01 par value 19.812 $15.2 3,784.08 D
Explanation of Responses:
1. The phantom stock units convert to common stock on a one-for-one basis.
2. The number of phantom stock units awarded is comprised of a quarterly dividend credited on cumulative phantom stock units previously granted to the reporting person in respect of fees for service as a director under the Veris Residential, Inc. Deferred Compensation Plan for Directors prior to his being appointed an executive officer of Veris Residential, Inc.
3. The phantom stock units were accrued under the Veris Residential, Inc. Deferred Compensation Plan for Directors and are to be settled 100% in Veris Residential, Inc. common stock upon the termination of the reporting person's service on the Board of Directors of Veris Residential, Inc. or upon a change in control of Veris Residential, Inc.
/s/ Mahbod Nia 10/02/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did Veris Residential insider Nia Mahbod report on Form 4 (VRE)?

Nia Mahbod reported the award of 3,784.08 phantom stock units on 09/30/2025, credited as a quarterly dividend on prior director awards.

How do the phantom stock units convert into Veris Residential common stock (VRE)?

The phantom stock units convert one-for-one into Veris Residential common stock upon settlement.

When will the phantom units be settled into common stock for VRE?

The units are to be settled 100% in common stock upon the reporting person's termination of board service or upon a change in control.

What price or value is associated with the reported phantom units on the Form 4?

The filing lists a per-share reference of $15.2 associated with the reported phantom stock units.

What was the transaction date reported on the Form 4 for VRE?

The transaction date for the phantom stock unit award is 09/30/2025.
Veris Residential Inc

NYSE:VRE

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VRE Stock Data

1.40B
72.70M
9.63%
101.03%
3.86%
REIT - Residential
Real Estate Investment Trusts
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United States
JERSEY CITY