TISCH DANIEL R 4

What Happened
Director Daniel R. Tisch reported an open-market purchase of 30,000 common shares of Vornado Realty Trust on 2026-03-12. The filing lists a weighted average price of $25.55 per share, for a reported aggregate purchase value of $766,500. This was a straight purchase (transaction code P), which retail investors often view as a more informative signal than routine sales.

Key Details

• Transaction date: 2026-03-12; Form 4 filed: 2026-03-16 (timely filing).
• Price: weighted average $25.55 per share; footnote indicates purchases ranged $25.40–$25.70 and that a detailed breakdown is available on request.
• Shares acquired: 30,000; reported aggregate value: $766,500.
• Security: Common shares of beneficial interest (par value $0.04) of Vornado Realty Trust (see footnote).
• Shares owned after transaction: not specified in the provided filing.
• No 10b5-1 plan, gift, exercise, or tax-withholding noted in the filing.

Context
This was a straight open-market purchase (not an option exercise or award). Purchases by insiders can indicate confidence, but they do not guarantee future company performance; use this data alongside other fundamental and market information.