Lombard Amanda 4

4 · Veris Residential, Inc. · Filed Mar 18, 2026

AI-generated summary of this filing

Updated Mar 18, 2026

Veris Residential (VRE) CFO Amanda Lombard Receives Award, Sells Shares

What Happened

Amanda Lombard, Chief Financial Officer of Veris Residential, vested in performance-based restricted stock units (PVRSUs) that converted into 24,868 shares on March 16, 2026. She also had shares forfeited/withheld to cover tax obligations: 11,475 shares on Mar 16 at $18.89 per share ($216,751) and 3,859 shares on Mar 17 at $18.88 per share ($72,839). The filing also records a conversion/derivative entry for 29,556 shares related to restricted stock unit activity.

Key Details

Transaction dates and prices:
- Mar 16, 2026: 24,868 PVRSUs converted to shares (code M — exercise/conversion).
- Mar 16, 2026: 11,475 shares forfeited/withheld for taxes at $18.89 (code F) — ~$216,751.
- Mar 17, 2026: 3,859 shares forfeited/withheld for taxes at $18.88 (code F) — ~$72,839.
- Mar 16, 2026: 29,556-share conversion/derivative entry also reported (code M).
Total shares withheld for taxes: 15,334 shares (total value shown ~$289,590).
Footnotes of note:
- F1: 24,868 PVRSUs vested; 4,688 PVRSUs did not vest and were forfeited.
- F2/F3: Forfeitures reflect net share settlement (company withheld shares to cover tax withholding) for PVRSUs and time-vesting RSUs.
- F4: PVRSUs were performance-based (50% absolute TSR metrics; 50% relative TSR vs. 23 peer REITs) over the three‑year performance period ending Mar 16, 2026.
Shares owned after the transaction: not specified in the provided filing excerpt.
Filing timeliness: no late-filing flag noted in the provided information.

Context

These transactions reflect vesting and net share settlement (tax withholding) of restricted stock units, not open-market sales. The withheld/forfeited shares were used to satisfy tax liabilities rather than representing a discretionary cash sale by the insider. Performance RSUs (PVRSUs) are tied to total stockholder return (TSR) performance goals over three years.

Form 4

Period: 2026-03-16

CHIEF FINANCIAL OFFICER

Transactions

Exercise/Conversion
Common Stock, $0.01 par value
[F1]
2026-03-16+24,868→ 128,504 total
Tax Payment
Common Stock, $0.01 par value
[F2]
2026-03-16$18.89/sh−11,475$216,751→ 117,029 total
Tax Payment
Common Stock, $0.01 par value
[F3]
2026-03-17$18.88/sh−3,859$72,839→ 113,170 total
Exercise/Conversion
Performance Vesting Restricted Stock Units
[F1][F4]
2026-03-16−29,556→ 0 total
Exercise: $0.00→ Common Stock, $0.01 par value (29,556 underlying)

Footnotes (4)

[F1]On March 16, 2026, the reporting person vested in 24,868 performance vesting restricted stock units (each, a "PVRSU") and forfeited 4,688 PVRSUs that did not vest at the end of the applicable three year performance period. Each PVRSU represented a contingent right to receive one share of common stock, $0.01 par value (the "Common Stock"), of Veris Residential, Inc. (the "Company').
[F2]Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of PVRSUs.
[F3]Forfeiture of shares for net share settlement of taxes on shares issued upon vesting of time vesting restricted stock units.
[F4]Fifty percent (50%) of the PVRSUs were eligible to vest over a three year period ended March 16, 2026 based on the attainment of absolute total stockholder return ("TSR") metrics by the Company. The remaining fifty percent (50%) of the PVRSUs were eligible to vest over a three year period ended March 16, 2026 based on the Company's TSR relative to the TSR of a select group of twenty-three (23) peer REITs over the same three year performance period.

Signature

/s/ Amanda Lombard|2026-03-18

1 file