Veris Residential, Inc.·4

Feb 23, 8:57 AM ET

Fielder Taryn D. 4

Research Summary

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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.