Prudential affiliate holds 83,925 Veris Residential shares (NYSE: VRE)
Rhea-AI Filing Summary
Prudential Financial, Inc. reports beneficial ownership of 83,925 shares of Veris Residential, Inc. common stock, representing 0.1% of the class as of 03/31/2026. The position is held indirectly through PGIM Quantitative Solutions LLC, and the filing is signed by a Prudential officer on 05/08/2026.
Positive
- None.
Negative
- None.
Insights
Small, passive stake reported by a Prudential affiliate.
The filing shows an indirect holding of 83,925 shares (0.1%) by a PGIM affiliate, consistent with routine institutional passive ownership thresholds. This level is below 5% and does not trigger block‑holder status under Schedule 13 rules.
Subsequent filings may disclose changes; timing here is tied to an 03/31/2026 as‑of position.
Disclosure clarifies voting and dispositive powers.
The filer reports shared voting and dispositive power over the reported shares (83,925), while claiming no sole voting or dispositive power. That allocation is typical when an investment management affiliate aggregates client positions.
Watch for amendments if voting status or ownership crosses regulatory thresholds.
Key Figures
Key Terms
Schedule 13G/A regulatory
Parent Holding Company regulatory
Beneficially owned financial
AI-generated analysis. How Rhea-AI works. Not financial advice.