EVP Fielder awarded RSUs at Veris Residential (NYSE: VRE)
Rhea-AI Filing Summary
Fielder Taryn D. reported acquisition or exercise transactions in this Form 4 filing.
Veris Residential, Inc. reported that EVP, General Counsel & Secretary Taryn D. Fielder received multiple equity awards on February 19, 2026. She was granted 23,585 time-vesting restricted stock units, each representing one share of common stock, vesting in three equal annual installments starting February 19, 2027.
She was also granted 23,584 performance-vesting RSUs that may vest over three years based on the company’s absolute and relative total stockholder return, with payout ranging from 0% to 160% of the target amount. In addition, she received 23,585 outperformance RSUs that may vest on February 18, 2029 from 0% to 100% based on adjusted funds from operations per share for fiscal year 2028.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Vesting Restricted Stock Units | 23,584 | $0.00 | -- |
| Grant/Award | Outperformance Vesting Restricted Stock Units | 23,585 | $0.00 | -- |
| Grant/Award | Time Vesting Restricted Stock Units | 23,585 | $0.00 | -- |
Footnotes (1)
- On February 19, 2026, the reporting person was granted time vesting restricted stock units (each, a "TVRSU"). Each TVRSU represents a contingent right to receive one share of common stock, $0.01 par value (the "Common Stock"), of Veris Residential, Inc. (the "Company"). The TVRSUs vest in three equal annual installments beginning February 19, 2027. On February 19, 2026, the reporting person was granted performance vesting restricted stock units (each, a "PVRSU"). Each PVRSU represents a contingent right to receive one share of Common Stock. Fifty percent (50%) of the PVRSUs may vest over a three year period based on the attainment of absolute total stockholder return ("TSR") metrics by the Company over a three year performance period. The remaining fifty percent (50%) of the PVRSUs may vest over a three year period based on the Company's TSR relative to the TSR of a select group of eleven (11) peer REITs over the same three year performance period. PVRSUs may vest between 0% and 160% of the "target" performance level (the number of shares listed herein). On February 19, 2026, the Company granted the reporting person outperformance vesting restricted stock units (each, a "OPVRSU"). Each OPVRSU represents a contingent right to receive one share of Common Stock. The OPVRSUs may vest on February 18, 2029 from 0% to 100% based on the attainment of certain levels of adjusted funds from operations per share for the Company's fiscal year ending December 31, 2028.