Veris Residential EVP exercises RSUs, shares withheld
Veris Residential, Inc. executive Taryn D. Fielder reported equity compensation activity rather than open‑market trading.
Rhea-AI Filing Summary
Veris Residential, Inc. executive Taryn D. Fielder reported equity compensation activity rather than open‑market trading. On March 16, 2026, 28,693 performance vesting restricted stock units vested and converted into an equal number of common shares, while 5,409 units were forfeited at the end of the three‑year performance period. To cover tax obligations on shares issued from both performance and time‑vesting restricted stock units, 11,570 and 3,934 common shares were withheld on March 16 and March 17, respectively, at prices around $18.88 per share. After these transactions, Fielder directly held 138,330 shares of Veris Residential common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 3,934 | $18.875 | $74K |
| Exercise | Performance Vesting Restricted Stock Units | 34,102 | $0.00 | $0.00 |
| Exercise | Common Stock, $0.01 par value | 28,693 | $0.00 | $0.00 |
| Exercise Price or Tax Liability | Common Stock, $0.01 par value | 11,570 | $18.889 | $219K |
Footnotes (4)
- F1. On March 16, 2026, the reporting person vested in 28,693 performance vesting restricted stock units (each, a "PVRSU") and forfeited 5,409 PVRSUs that did not vest at the end of the applicable three year performance period. Each PVRSU represented a contingent right to receive one share of common stock, $0.01 par value (the "Common Stock"), of Veris Residential, Inc. (the "Company').
- F2. Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of PVRSUs.
- F3. Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of time vesting restricted stock units.
- F4. Fifty percent (50%) of the PVRSUs were eligible to vest over a three year period ended March 16, 2026 based on the attainment of absolute total stockholder return ("TSR") metrics by the Company. The remaining fifty percent (50%) of the PVRSUs were eligible to vest over a three year period ended March 16, 2026 based on the Company's TSR relative to the TSR of a select group of twenty-three (23) peer REITs over the same three year performance period.
FAQ
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What insider transactions did Veris Residential (VRE) EVP Taryn Fielder report?
How many Veris Residential restricted stock units were forfeited by Taryn Fielder?
Were Taryn Fielder’s Veris Residential transactions open-market buys or sells?
AI-generated analysis. How Rhea-AI works. Not financial advice.