Veris Residential CEO reports tax share withholding
Veris Residential, Inc. director and CEO Nia Mahbod reported a tax-related share disposition.
Rhea-AI Filing Summary
Veris Residential, Inc. director and CEO Nia Mahbod reported a tax-related share disposition. On March 9, 2026, 21,614 shares of common stock were forfeited to cover taxes due on vested time-based restricted stock units, a non-market transaction coded as tax withholding.
After this event, Mahbod directly holds 554,576 common shares and indirectly holds 380,869 shares through a family limited liability company. The filing reflects routine equity compensation and associated tax settlement rather than an open-market purchase or sale.
Positive
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Negative
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Insights
Routine tax withholding on equity vesting, not an open-market sale.
Nia Mahbod, CEO of Veris Residential, Inc., had 21,614 shares withheld on March 9, 2026 to satisfy taxes on vested restricted stock units. The Form 4 uses code F, which indicates payment of tax liabilities with shares, not a discretionary trade.
Following this withholding, she holds 554,576 shares directly and 380,869 shares indirectly via a family LLC. Because this is a mechanical tax event tied to compensation, with substantial ongoing ownership, it typically carries limited signaling value about management’s view of the stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 21,614 | $18.853 | $407K |
| holding | Common Stock, $0.01 par value | -- | -- | -- |
Footnotes (1)
- F1. Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of time vesting restricted stock units.
FAQ
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What did Veris Residential (VRE) CEO Nia Mahbod report in this Form 4?
Was the Veris Residential (VRE) CEO’s Form 4 transaction a stock sale?
What does transaction code F mean in the Veris Residential (VRE) Form 4?
Did the Veris Residential (VRE) Form 4 involve any derivative exercises?
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