State Street discloses 4.9% stake in Veris Residential (VRE)
Rhea-AI Filing Summary
State Street Corporation has filed a Schedule 13G reporting beneficial ownership of 4,616,242 shares of Veris Residential Inc. common stock, representing 4.9% of the class as of the event date 12/31/2025.
State Street reports no sole voting or dispositive power. It has shared voting power over 3,978,772 shares and shared dispositive power over 4,616,242 shares. The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Veris Residential.
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FAQ
What stake does State Street Corporation report in Veris Residential Inc. (VRE)?
State Street Corporation reports beneficial ownership of 4,616,242 Veris Residential Inc. shares, representing 4.9% of the common stock class. This stake is disclosed on a Schedule 13G, indicating a passive, non-control-seeking investment held in the ordinary course of business.
How much voting power does State Street have in Veris Residential (VRE)?
State Street reports no sole voting power and shared voting power over 3,978,772 Veris Residential shares. This means voting decisions on those shares are shared with others rather than controlled solely by State Street.
How many Veris Residential (VRE) shares can State Street dispose of?
State Street reports no sole dispositive power and shared dispositive power over 4,616,242 Veris Residential shares. Shared dispositive power means decisions about selling or otherwise disposing of these shares are made jointly with other parties.
Is State Street’s Veris Residential (VRE) position intended to influence control?
No. State Street certifies the Veris Residential shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control, consistent with a passive institutional ownership reported on Schedule 13G.
When was the Veris Residential (VRE) ownership position measured for this Schedule 13G?
The reported ownership position is tied to an event date of 12/31/2025. As of that date, State Street Corporation beneficially owned 4,616,242 Veris Residential common shares, representing 4.9% of the outstanding class.
Who signed the Schedule 13G for State Street’s Veris Residential (VRE) holdings?
The Schedule 13G was signed by Elizabeth Schaefer, identified as Senior Vice President, Chief Accounting Officer. The signature section also includes a certification that the information provided is true, complete, and correct to the best of her knowledge and belief.