Veris Residential, Inc.·4

Mar 11, 6:05 PM ET

Lombard Amanda 4

Research Summary

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Veris Residential CFO Amanda Lombard Surrenders 2,907 Shares for Taxes

What Happened

  • Amanda Lombard, Chief Financial Officer of Veris Residential (VRE), surrendered 2,907 shares on 2026-03-09 to cover tax withholding related to time-vesting restricted stock units. The shares were disposed at $18.85 per share for an aggregate value of $54,806.
  • This was a tax-withholding/net share settlement transaction (routine), not an open-market sale or new purchase.

Key Details

  • Transaction date and price: 2026-03-09; 2,907 shares at $18.85 each (total $54,806).
  • Transaction code: F — payment of exercise price or tax liability (net share settlement).
  • Footnote: F1 — Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of time-vesting restricted stock units.
  • Shares owned after transaction: Not specified in the filing.
  • Filing timeliness: Reported on 2026-03-11 for a 2026-03-09 transaction; appears filed within the standard Form 4 reporting window (timely).

Context

  • Net share settlement means some vested RSU shares were withheld/forfeited to satisfy tax obligations. This is a routine administrative action and does not by itself indicate a change in insider sentiment (unlike open-market purchases or sales).