[Form 4] Veris Residential, Inc. Insider Trading Activity
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Malhari Anna reported acquisition or exercise transactions in this Form 4 filing.
Veris Residential EVP & COO Malhari Anna received new equity awards tied to future performance and service. On February 19, 2026, Anna was granted 33,693 time-vesting restricted stock units, which vest in three equal annual installments beginning February 19, 2027. He was also granted 33,692 performance-vesting units linked to the company’s absolute and relative total stockholder return over a three-year period, with payout ranging from 0% to 160% of the target level. In addition, he received 33,693 outperformance-vesting units that may vest on February 18, 2029 based on adjusted funds from operations per share for the 2028 fiscal year.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Malhari Anna
Role
EVP & CHIEF OPERATING OFFICER
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Performance Vesting Restricted Stock Units | 33,692 | $0.00 | -- |
| Grant/Award | Outperformance Vesting Restricted Stock Units | 33,693 | $0.00 | -- |
| Grant/Award | Time Vesting Restricted Stock Units | 33,693 | $0.00 | -- |
Holdings After Transaction:
Performance Vesting Restricted Stock Units — 33,692 shares (Direct);
Outperformance Vesting Restricted Stock Units — 33,693 shares (Direct);
Time Vesting Restricted Stock Units — 135,047 shares (Direct)
Footnotes (1)
- On February 19, 2026, the reporting person was granted time vesting restricted stock units (each, a "TVRSU"). Each TVRSU represents a contingent right to receive one share of common stock, $0.01 par value (the "Common Stock"), of Veris Residential, Inc. (the "Company"). The TVRSUs vest in three equal annual installments beginning February 19, 2027. On February 19, 2026, the reporting person was granted performance vesting restricted stock units (each, a "PVRSU"). Each PVRSU represents a contingent right to receive one share of Common Stock. Fifty percent (50%) of the PVRSUs may vest over a three year period based on the attainment of absolute total stockholder return ("TSR") metrics by the Company over a three year performance period. The remaining fifty percent (50%) of the PVRSUs may vest over a three year period based on the Company's TSR relative to the TSR of a select group of eleven (11) peer REITs over the same three year performance period. PVRSUs may vest between 0% and 160% of the "target" performance level (the number of shares listed herein). On February 19, 2026, the Company granted the reporting person outperformance vesting restricted stock units (each, a "OPVRSU"). Each OPVRSU represents a contingent right to receive one share of Common Stock. The OPVRSUs may vest on February 18, 2029 from 0% to 100% based on the attainment of certain levels of adjusted funds from operations per share for the Company's fiscal year ending December 31, 2028.