TISCH DANIEL R 4

What Happened
Daniel R. Tisch, a director of Vornado Realty Trust (VNO), made an open-market purchase of 25,000 common shares on February 24, 2026. The shares were bought at $27.85 each for a total transaction value of $696,250. This filing reports an outright purchase of common stock (transaction code P).

Key Details

• Transaction date: 2026-02-24; Form 4 filed: 2026-02-26 (timely filing).
• Shares purchased: 25,000 at $27.85 per share; total ≈ $696,250.
• Shares owned after transaction: not specified in the information provided in this summary/filing.
• Footnote: F1 — these are common shares of beneficial interest, par value $0.04 per share.
• Transaction type: Open-market purchase (code P). No 10b5-1 plan, tax withholding, or option exercise noted in the supplied details.

Context
This was a direct purchase of common stock by a company director. Purchases by insiders are factual data points some investors watch for potential confidence signals, but they do not by themselves explain the insider’s motives. No derivatives, grants, or sales associated with this transaction were reported in the provided filing.