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Veris Residential, Inc. (VRE) CEO reports 21,614-share tax withholding

Filing Impact
(High)
Filing Sentiment
(Neutral)
Form Type
4

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

  • None.

Negative

  • None.

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.

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
Estimated average burden
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).
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)
03/09/2026
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 03/09/2026 F(1) 21,614 D $18.853 554,576 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 03/11/2026
** 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).
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 (VRE) CEO Nia Mahbod report in this Form 4?

The Form 4 reports that CEO Nia Mahbod had 21,614 Veris Residential common shares withheld on March 9, 2026 to cover taxes on vested restricted stock units, a routine equity compensation-related transaction rather than an open-market trade.

Was the Veris Residential (VRE) CEO’s Form 4 transaction a stock sale?

No. The Form 4 shows a tax-withholding disposition coded F, meaning shares were forfeited to pay taxes on vested restricted stock units. It does not represent an open-market sale initiated to change her investment exposure.

How many Veris Residential (VRE) shares does the CEO hold after this filing?

After the reported tax withholding, CEO Nia Mahbod holds 554,576 Veris Residential common shares directly and 380,869 shares indirectly through a family limited liability company, indicating a substantial continuing ownership position in the company.

What does transaction code F mean in the Veris Residential (VRE) Form 4?

Transaction code F indicates payment of an exercise price or tax liability by delivering securities. In this case, 21,614 Veris Residential shares were forfeited to cover taxes due upon vesting of time-based restricted stock units granted as compensation.

Did the Veris Residential (VRE) Form 4 involve any derivative exercises?

No. The transaction summary shows zero derivative exercises and zero derivative transactions. The only reportable movement was 21,614 common shares withheld for taxes, plus an updated holding entry for shares held indirectly through a family limited liability company.

How significant is the 21,614-share tax withholding for Veris Residential (VRE)?

The 21,614-share withholding is a routine tax event linked to vested restricted stock units. Given CEO Nia Mahbod’s remaining direct and indirect holdings totaling hundreds of thousands of shares, the filing mainly updates compensation-related ownership records rather than signaling a strategic share sale.
Veris Residential Inc

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