Lombard Amanda 4

4 · Veris Residential, Inc. · Filed Feb 23, 2026

AI-generated summary of this filing

Updated Feb 23, 2026

Veris Residential (VRE) CFO Amanda Lombard Receives RSU Awards

What Happened

Amanda Lombard, Chief Financial Officer of Veris Residential, was granted three types of restricted stock units (RSUs) on Feb 19, 2026: 26,954 time-vesting RSUs (TVRSUs), 26,954 performance-vesting RSUs (PVRSUs), and 26,954 outperformance-vesting RSUs (OPVRSUs). Each unit is a contingent right to one share of common stock and was granted at $0.00 (standard for RSU awards). Total target units granted = 80,862.

Key Details

Transaction date: February 19, 2026. Grant type/code: A (award/grant). Grant price recorded as $0.00 per unit.
Vesting/time terms:
- TVRSUs: vest in three equal annual installments beginning Feb 19, 2027.
- PVRSUs: 50% may vest based on absolute total stockholder return (TSR) over a three-year performance period; the other 50% vests based on Veris’ TSR relative to 11 peer REITs over the same period. PVRSUs can vest from 0% up to 160% of target.
- OPVRSUs: may vest (0%–100%) on Feb 18, 2029 based on adjusted FFO per share for fiscal 2028.
Shares owned after the transaction: not specified in the provided filing excerpt.
Filing timeliness: Form 4 filed Feb 23, 2026 for a Feb 19, 2026 grant — within the typical two-business-day SEC filing window (not late).
Notes: PVRSUs and OPVRSUs are performance-contingent — actual shares delivered will depend on future performance and may be higher or lower than the target amounts.

Context

These grants are compensation awards, not open-market purchases or sales, and are commonly used to retain executives and align pay with company performance. Performance-based RSUs (PVRSUs/OPVRSUs) mean the final number of shares Lombard could receive depends on multi-year results; they do not represent immediate ownership of the shares until (and if) they vest and are settled.

Form 4

Period: 2026-02-19

CHIEF FINANCIAL OFFICER

Transactions

Award
Time Vesting Restricted Stock Units
[F1][F2]
2026-02-19+26,954→ 109,380 total
Award
Performance Vesting Restricted Stock Units
[F3][F4]
2026-02-19+26,954→ 26,954 total
Exercise: $0.00→ Common Stock, $0.01 par value (26,954 underlying)
Award
Outperformance Vesting Restricted Stock Units
[F5][F6]
2026-02-19+26,954→ 26,954 total
Exercise: $0.00→ Common Stock, $0.01 par value (26,954 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.

Signature

/s/ Amanda Lombard|2026-02-23

1 file