Bassey Beatrice Hamza 4

4 · VORNADO REALTY TRUST · Filed May 22, 2026

AI-generated summary of this filing

Updated May 22, 2026

Vornado Realty (VNO) Director Bassey Hamza Receives Restricted Units

What Happened

Bassey Beatrice Hamza, a director of Vornado Realty Trust (VNO), was granted 7,168 restricted units in Vornado Realty L.P. on 2026-05-21. The grant is reported as a derivative award (code A); no per-unit price or cash value is reported (N/A). This is an equity award, not an open-market purchase or sale.

Key Details

Transaction date: May 21, 2026; Form 4 filed May 22, 2026 (timely within SEC two-business-day requirement).
Security/amount: 7,168 Restricted Units of Vornado Realty L.P. (derivative instrument).
Price/value: N/A (award/grant, no cash price listed).
Shares owned after transaction: Not specified in the provided filing.
Footnotes: Restricted Units are convertible into an equivalent number of Class A Units of the Operating Partnership, and Class A Units are redeemable for cash or, at the company's election, one common share per unit (or cash value). The units vest immediately but are non-transferable while the reporting person remains a trustee, and any common shares issued on redemption must be held until the person is no longer a trustee.

Context

These are restricted partnership units (a derivative equity award) rather than an open-market purchase or sale. They vest immediately but carry transfer and holding restrictions tied to board service; they can convert into units that are redeemable for cash or common shares on a one-for-one basis. This is a routine director compensation award and should be interpreted as an equity grant, not a trading signal.

Form 4

Period: 2026-05-21

Director

Transactions

Award
Restricted Units
[F1][F2]
2026-05-21+7,168→ 7,168 total
→ Common Shares (7,168 underlying)

Footnotes (2)

[F1]On May 21, 2026, the reporting person received a grant of restricted units (the "Restricted Units") of Vornado Realty L.P. (the "Operating Partnership"), the Operating Partnership of Vornado Realty Trust (the "Company"). The Restricted Units are a class of units of the Operating Partnership that following the occurrence of certain events are convertible by the holder into an equivalent number of Class A Units of the Operating Partnership. Class A Units are redeemable by the holder for cash or, at the Company's election, common shares of beneficial interest, $0.04 par value per share (the "Common Shares") of the Company on a one for one basis or the cash value of such shares.
[F2]These Restricted Units vest immediately. These units are not transferable until the reporting person is no longer serving as a member of the Company's Board of Trustees, other than in connection with a conversion of the Restricted Units to Class A Units and a redemption of such Class A Units for Common Shares. Any Common Shares issued in connection with such a redemption must be held by the reporting person until such person is no longer a member of the Company's Board of Trustees.

Signature

/s/ Ryan Saum, Attorney-in-Fact|2026-05-22

1 file