Malhari Anna 4

What Happened

• Anna Malhari, Chief Operating Officer of Veris Residential (VRE), had 3,048 shares withheld/forfeited to satisfy tax withholding on time‑vesting restricted stock units. The withholding used a per‑share value of $18.87, totaling $57,510. This was a tax settlement, not an open‑market sale or a purchase.

Key Details

• Transaction date: 2026-03-12; per‑share value used: $18.87; total value: $57,510
• Transaction code: F (net share settlement/forfeiture to cover taxes)
• 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 date: 2026-03-16 — filed within the standard 2 business‑day window (timely)

Context

• This was a routine tax withholding (net share settlement) on vested RSUs. Such transactions are administrative and do not necessarily indicate the insider is bullish or bearish on the stock. Unlike an open‑market sale, the shares were surrendered to cover taxes rather than sold for cash proceeds to the insider.