TISCH DANIEL R 4
4 · VORNADO REALTY TRUST · Filed Mar 3, 2026
Research Summary
AI-generated summary of this filing
Vornado (VNO) Director Daniel R. Tisch Buys 155,000 Shares
What Happened
Daniel R. Tisch, a director of Vornado Realty Trust (VNO), made three open-market purchases of the company's common shares between Feb 27 and Mar 3, 2026. He acquired 45,000 shares on 2026-02-27 at a weighted average price of $27.70 ($1,246,500), 40,000 shares on 2026-03-02 at $27.09 ($1,083,500), and 70,000 shares on 2026-03-03 at $26.30 ($1,841,000) — a total of 155,000 shares for about $4.17 million. These were outright purchases (code P), which are typically considered more informative than routine sales.
Key Details
- Transaction dates and prices:
- 2026-02-27: 45,000 shares at $27.70 (weighted avg; actual prices ranged $27.50–$27.80) — $1,246,500 (footnote F2)
- 2026-03-02: 40,000 shares at $27.09 (weighted avg; range $26.90–$27.20) — $1,083,500 (footnote F3)
- 2026-03-03: 70,000 shares at $26.30 (weighted avg; range $25.85–$26.75) — $1,841,000 (footnote F4)
- Total purchased: 155,000 shares for approximately $4.17M.
- Shares owned after transaction: not specified in the provided Form 4 excerpt.
- Footnotes: F1 confirms these are Common Shares (par $0.04). F2–F4 note the reported prices are weighted averages with price ranges; the filer can provide per-price breakdowns on request.
- Filing: Form 4 was filed on 2026-03-03 (Accession 0001111794-26-000008). The filing does not indicate a tardy filing status.
Context
- These were direct open-market purchases (transaction code P), not option exercises or gifts. Purchases by insiders can be viewed by investors as a potentially bullish signal, but they do not prove future performance.
- No 10% ownership, tax-withholding, or 10b5-1 plan disclosures were indicated in the supplied details.
Insider Transaction Report
Form 4
TISCH DANIEL R
Director
Transactions
- Purchase
Common Shares
[F1][F2]2026-02-27$27.70/sh+45,000$1,246,500→ 75,000 total - Purchase
Common Shares
[F1][F3]2026-03-02$27.09/sh+40,000$1,083,500→ 115,000 total - Purchase
Common Shares
[F1][F4]2026-03-03$26.30/sh+70,000$1,841,000→ 185,000 total
Footnotes (4)
- [F1]Common shares of beneficial interest, par value $.04 per share (the "Common Shares") of Vornado Realty Trust (the "Company").
- [F2]Represents weighted average purchase price. These Common Shares were purchased at prices ranging from $27.50 to $27.80, inclusive. Full information regarding the number of shares purchased at each separate price within the range will be provided upon request by the Reporting Person to the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company.
- [F3]Represents weighted average purchase price. These Common Shares were purchased at prices ranging from $26.90 to $27.20, inclusive. Full information regarding the number of shares purchased at each separate price within the range will be provided upon request by the Reporting Person to the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company.
- [F4]Represents weighted average purchase price. These Common Shares were purchased at prices ranging from $25.85 to $26.75, inclusive. Full information regarding the number of shares purchased at each separate price within the range will be provided upon request by the Reporting Person to the staff of the Securities and Exchange Commission, the Company, or a security holder of the Company.
Signature
/s/ Ryan Saum, Attorney-in-Fact|2026-03-03