Lombard Amanda 4

What Happened

• Amanda Lombard, Chief Financial Officer of Veris Residential (VRE), had 2,837 shares forfeited as a net share settlement to cover taxes on vested restricted stock units. The shares were valued at $18.87 each, totaling $53,529. This was a tax-withholding/net-settlement transaction (not an open-market sale).

Key Details

• Transaction date: 2026-03-12
• Price per share: $18.87; Shares forfeited/disposed: 2,837; Value: $53,529
• Shares owned after the transaction: not specified in the provided filing excerpt
• Footnote: F1 — Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of time-vesting restricted stock units
• Filing: Form 4 filed 2026-03-16 (appears to be timely based on the reported transaction date)

Context

• This transaction is a routine tax-withholding/net-settlement of vested RSUs (code F), not a market sale indicating a change in investment view. Such forfeitures are common when companies withhold shares to cover income tax obligations upon vesting.