Veris Residential (VRE) CEO logs tax-related share forfeiture, retains large stake

Rhea-AI Filing Summary

Veris Residential, Inc. director and chief executive officer Nia Mahbod reported a tax-related share disposition. On March 12, 2026, 24,107 shares of common stock were forfeited at $18.868 per share to cover taxes on vested restricted stock units. After this non-market tax-withholding event, Mahbod directly owned 530,469 shares of common stock and indirectly held 380,869 shares through a family limited liability company, indicating a substantial remaining equity position.

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

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

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)
03/12/2026

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
Common Stock, $0.01 par value	03/12/2026		F(1)		24,107	D	$18.868	530,469	D
Common Stock, $0.01 par value								380,869	I	By family limited liability company

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

Explanation of Responses:

1. Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of time vesting restricted stock units.

	/s/ Mahbod Nia	03/16/2026
	** 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).
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FAQ

What insider transaction did Veris Residential (VRE) CEO Nia Mahbod report?

Nia Mahbod reported a tax-related share disposition. On March 12, 2026, 24,107 Veris Residential common shares were forfeited at $18.868 each to settle taxes on vested restricted stock units, rather than being sold on the open market.

Was the Veris Residential (VRE) Form 4 transaction an open-market sale?

No, the transaction was not an open-market sale. The 24,107 shares were forfeited to cover tax liabilities on time-vesting restricted stock units, a standard non-market mechanism, and not a discretionary sale into the public market.

How many Veris Residential (VRE) shares does Nia Mahbod hold after the Form 4 event?

After the reported event, Nia Mahbod directly held 530,469 Veris Residential common shares. She also indirectly held 380,869 additional shares through a family limited liability company, reflecting significant ongoing ownership in the company’s equity.

What triggered the tax withholding disposition reported by Veris Residential (VRE)?

The disposition was triggered by the vesting of time-vesting restricted stock units. When these restricted stock units vested, 24,107 resulting shares were forfeited to net settle the associated tax obligations, as described in the filing footnote.

Does the Veris Residential (VRE) Form 4 show any stock purchases or sales by the CEO?

The Form 4 does not show open-market purchases or sales by the CEO. It records a tax-withholding disposition related to vested restricted stock units and an updated holding entry for indirectly owned shares via a family limited liability company.