Malhari Anna 4

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

AI-generated summary of this filing

Updated Feb 23, 2026

Veris Residential COO Anna Malhari Receives Equity Awards

What Happened

Anna Malhari, Chief Operating Officer of Veris Residential, was granted three equity awards on February 19, 2026: 33,693 time-vesting RSUs (TVRSUs), 33,692 performance-vesting RSUs (PVRSUs), and 33,693 outperformance RSUs (OPVRSUs), totaling 101,078 RSUs. Each award was granted at $0.00 per share (these are compensation awards, not purchases), so reported acquisition value is $0 on the grant date. The RSUs represent contingent rights to receive shares of Veris common stock if and when vesting conditions are met.

Key Details

Transaction date: February 19, 2026; Form 4 filed February 23, 2026 (appears timely).
Grant amounts and price: 33,693 TVRSUs @ $0.00; 33,692 PVRSUs @ $0.00; 33,693 OPVRSUs @ $0.00. Total granted = 101,078 RSUs.
Vesting highlights:
- TVRSUs: vest in three equal annual installments beginning February 19, 2027.
- PVRSUs: 50% vest based on absolute total stockholder return (TSR) over three years; 50% vest based on TSR relative to 11 peer REITs; payout may range from 0% to 160% of target.
- OPVRSUs: may vest 0%–100% on February 18, 2029 based on adjusted funds from operations (AFFO) per share for fiscal 2028.
Shares owned after transaction: Not reported in this Form 4.
Filing/timeliness: Filed Feb 23, 2026 for a Feb 19, 2026 grant; filing appears to meet the standard Form 4 timing requirements.

Context

These awards are compensation grants, not open-market purchases or sales. Time-vesting RSUs are straightforward delayed compensation; performance- and outperformance-based RSUs are contingent on multi-year company performance metrics and may result in 0%–160% payout of the target units depending on results.
Such grants dilute outstanding shares only if and when RSUs vest and convert into common stock. They indicate company compensation decisions rather than an immediate insider buy/sell signal.

Form 4

Period: 2026-02-19

EVP & CHIEF OPERATING OFFICER

Transactions

Award
Time Vesting Restricted Stock Units
[F1][F2]
2026-02-19+33,693→ 135,047 total
Award
Performance Vesting Restricted Stock Units
[F3][F4]
2026-02-19+33,692→ 33,692 total
Exercise: $0.00→ Common Stock, $0.01 par value (33,692 underlying)
Award
Outperformance Vesting Restricted Stock Units
[F5][F6]
2026-02-19+33,693→ 33,693 total
Exercise: $0.00→ Common Stock, $0.01 par value (33,693 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/ Anna Malhari|2026-02-23

1 file