Veris Residential (VRE) COO withholds 3,644 shares to cover RSU taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Veris Residential EVP & Chief Operating Officer Malhari Anna reported a routine tax-related share disposition. On 2026-03-09, 3,644 shares of Veris Residential common stock were withheld at $18.853 per share to cover taxes due on vested time-based restricted stock units. This was a non-market transaction used to settle tax obligations. After this withholding, Anna directly held 131,403 shares of Veris Residential common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Malhari Anna
Role
EVP & CHIEF OPERATING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, $0.01 par value | 3,644 | $18.853 | $69K |
Holdings After Transaction:
Common Stock, $0.01 par value — 131,403 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Veris Residential (VRE) report for Malhari Anna?
Veris Residential reported that EVP & Chief Operating Officer Malhari Anna had 3,644 common shares withheld on March 9, 2026. The shares were used to settle tax obligations arising from vesting restricted stock units.
Was the Veris Residential (VRE) Form 4 transaction an open-market sale?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were forfeited to cover taxes on vested time-based restricted stock units, according to the footnote description.
What does the ‘F’ transaction code mean in the Veris Residential (VRE) Form 4?
The “F” code indicates payment of a tax liability by delivering securities. In this case, 3,644 shares were forfeited for net share settlement of taxes on shares issued upon vesting of restricted stock units.
Did the Veris Residential (VRE) Form 4 include any derivative securities activity?
No derivative transactions were reported in this Form 4. The filing only shows a non-derivative common stock entry related to tax withholding, with no remaining derivative positions listed in the derivative summary.