Fielder Taryn D. 4
4 · Veris Residential, Inc. · Filed Feb 23, 2026
Research Summary
AI-generated summary of this filing
Veris Residential (VRE) EVP Taryn Fielder Receives RSU Awards
What Happened
Taryn D. Fielder, EVP, General Counsel & Secretary of Veris Residential, was granted three awards of restricted stock units (RSUs) on February 19, 2026. The grants were: 23,585 time-vesting RSUs (TVRSUs), 23,584 performance-vesting RSUs (PVRSUs, recorded as derivative), and 23,585 outperformance/other performance RSUs (OPVRSUs, recorded as derivative). All awards were recorded at $0.00 acquisition price because they are contingent rights to receive shares upon vesting. Total target awards equal 70,754 RSUs (subject to vesting and performance multipliers where applicable).
Key Details
- Transaction date: February 19, 2026; Form filed February 23, 2026 (no late filing noted in the provided data).
- Award amounts and price: TVRSU 23,585 @ $0.00; PVRSU 23,584 @ $0.00 (derivative); OPVRSU 23,585 @ $0.00 (derivative).
- Vesting: TVRSUs vest in three equal annual installments beginning Feb 19, 2027. PVRSUs: 50% vest based on absolute total shareholder return (TSR) over a three-year period and 50% vest based on TSR relative to a peer group of 11 REITs over the same period; PVRSUs may pay out between 0% and 160% of target. OPVRSUs vest on Feb 18, 2029 based on adjusted funds from operations (AFFO) per share for fiscal 2028 and may vest from 0% to 100% of target.
- These awards are contingent rights to receive shares upon vesting (derivative nature for PVRSUs/OPVRSUs).
- Shares owned after transaction: not stated in the information provided.
Context
These grants are compensation awards, not open-market purchases or sales; the $0.00 price reflects that units are contingent and will convert to actual shares only if and when vesting and performance conditions are met. Performance RSUs can pay out above or below target depending on results, so actual shares delivered may differ from the target counts listed. Such awards are common for executive retention and incentive pay and do not by themselves indicate buying or selling sentiment.
Insider Transaction Report
- Award
Time Vesting Restricted Stock Units
[F1][F2]2026-02-19+23,585→ 129,634 total - Award
Performance Vesting Restricted Stock Units
[F3][F4]2026-02-19+23,584→ 23,584 totalExercise: $0.00→ Common Stock, $0.01 par value (23,584 underlying) - Award
Outperformance Vesting Restricted Stock Units
[F5][F6]2026-02-19+23,585→ 23,585 totalExercise: $0.00→ Common Stock, $0.01 par value (23,585 underlying)
Footnotes (6)
- [F1]On February 19, 2026, the reporting person was granted time vesting restricted stock units (each, a "TVRSU"). Each TVRSU represents a contingent right to receive one share of common stock, $0.01 par value (the "Common Stock"), of Veris Residential, Inc. (the "Company").
- [F2]The TVRSUs vest in three equal annual installments beginning February 19, 2027.
- [F3]On February 19, 2026, the reporting person was granted performance vesting restricted stock units (each, a "PVRSU"). Each PVRSU represents a contingent right to receive one share of Common Stock.
- [F4]Fifty percent (50%) of the PVRSUs may vest over a three year period based on the attainment of absolute total stockholder return ("TSR") metrics by the Company over a three year performance period. The remaining fifty percent (50%) of the PVRSUs may vest over a three year period based on the Company's TSR relative to the TSR of a select group of eleven (11) peer REITs over the same three year performance period. PVRSUs may vest between 0% and 160% of the "target" performance level (the number of shares listed herein).
- [F5]On February 19, 2026, the Company granted the reporting person outperformance vesting restricted stock units (each, a "OPVRSU"). Each OPVRSU represents a contingent right to receive one share of Common Stock.
- [F6]The OPVRSUs may vest on February 18, 2029 from 0% to 100% based on the attainment of certain levels of adjusted funds from operations per share for the Company's fiscal year ending December 31, 2028.