Veris Residential CFO reports tax share withholding
Veris Residential, Inc. chief financial officer Amanda Lombard reported a tax-withholding disposition of 2,837 shares of common stock.
Rhea-AI Filing Summary
Veris Residential, Inc. chief financial officer Amanda Lombard reported a tax-withholding disposition of 2,837 shares of common stock. These shares were forfeited to settle taxes due on shares issued when time-vesting restricted stock units vested, rather than sold in the open market.
After this net share settlement, Lombard directly holds 103,636 shares of Veris Residential common stock, indicating she retains a substantial equity position in the company following the routine tax-related transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 2,837 | $18.868 | $54K |
Footnotes (1)
- F1. Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of time vesting restricted stock units.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Veris Residential (VRE) report for Amanda Lombard?
Was the Veris Residential (VRE) Form 4 transaction an open-market sale?
What does transaction code F mean in the Veris Residential (VRE) Form 4?
What type of equity award triggered the Veris Residential (VRE) tax withholding?
AI-generated analysis. How Rhea-AI works. Not financial advice.