Veris Residential CFO reports tax share withholding
Veris Residential, Inc. Chief Financial Officer Amanda Lombard reported a routine tax-related share withholding.
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Rhea-AI Filing Summary
Veris Residential, Inc. Chief Financial Officer Amanda Lombard reported a routine tax-related share withholding. On the transaction date, 2,907 shares of common stock were forfeited at a value of $18.853 per share to cover taxes on shares issued upon vesting of time-based restricted stock units. This was a tax-withholding disposition rather than an open-market sale. After this transaction, Lombard directly holds 106,473 shares of Veris Residential common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 2,907 | $18.853 | $55K |
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) CFO Amanda Lombard report in this Form 4?
Was the Veris Residential (VRE) CFO’s Form 4 transaction a stock sale?
Does the Veris Residential (VRE) Form 4 indicate any derivative positions for the CFO?
AI-generated analysis. How Rhea-AI works. Not financial advice.