Fascitelli Michael D 4
4 · VORNADO REALTY TRUST · Filed Jun 18, 2026
Research Summary
AI-generated summary of this filing
Vornado (VNO) Director Michael Fascitelli Sells 133,350 Shares
What Happened Michael D. Fascitelli, a director of Vornado Realty Trust (VNO), sold a total of 133,350 common shares in open-market transactions on June 17, 2026, generating approximately $4,882,770 in proceeds. The sales were reported in two lots: 125,350 shares at a weighted average price of $36.57 (proceeds $4,584,050) and 8,000 shares at a weighted average price of $37.34 (proceeds $298,720). These transactions are disposals (sales), not purchases.
Key Details
- Transaction date: June 17, 2026; filing dated June 18, 2026 (reported the next day).
- Lot 1: 125,350 shares sold; weighted average price $36.57; prices in that lot ranged from $36.31 to $37.25; proceeds $4,584,050. (Footnote F2)
- Lot 2: 8,000 shares sold; weighted average price $37.34; prices in that lot ranged from $37.26 to $37.56; proceeds $298,720. (Footnote F3)
- Total shares sold: 133,350; total proceeds: ~$4.88M.
- Shares owned after transaction: Not disclosed in the information provided.
- Notable footnotes: F1 = common shares defined; F2/F3 = weighted-average prices with per-price breakdowns available on request; F4 = Fascitelli disclaims beneficial ownership of these securities except to the extent of any pecuniary interest.
- No indication in this filing of a 10b5-1 plan, option exercise, gift, or tax-withholding transaction.
Context This filing reports sales by a company director. Sales are common for liquidity or portfolio-management reasons and do not by themselves prove a change in view on the company. The filing was submitted promptly (next calendar day). If you need the per-price breakdown within the reported ranges, the reporting person says those details are available on request.
Insider Transaction Report
- Sale
Common Shares
[F1][F2]2026-06-17$36.57/sh−125,350$4,584,050→ 483,161 total - Sale
Common Shares
[F1][F3]2026-06-17$37.34/sh−8,000$298,720→ 475,161 total
- 110,980(indirect: Held by May 2025 GRAT)
Common Shares
[F1] - 250,000(indirect: Held by Nov 2025 GRAT)
Common Shares
[F1] - 175,878(indirect: By LLC)
Common Shares
[F1][F4]
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 sale price. These Common Shares were sold at prices ranging from $36.31 to $37.25, inclusive. Full information regarding the number of shares sold 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 sale price. These Common Shares were sold at prices ranging from $37.26 to $37.56, inclusive. Full information regarding the number of shares sold 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]Mr. Fascitelli disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that Mr. Fascitelli is the beneficial owner of these securities for the purpose, except to the extent of the Mr. Fascitelli's pecuniary interest.