VRE Form 4: CEO Nia Mahbod Granted 3,784 Phantom Units

Rhea-AI Filing Summary

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.

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

Corporate Governance Analyst

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.

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
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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.