Form 4: Veris Residential CFO Amanda Lombard Reports Share Forfeiture for Tax Settlement
SEC Form 4 Filing
Amanda Lombard, CFO of Veris Residential, reports the forfeiture of 2,987 shares of common stock to cover taxes on vested restricted stock units.
Summary
- On March 17, 2025, Amanda Lombard, the Chief Financial Officer of Veris Residential, Inc., reported a transaction involving the forfeiture of 2,987 shares of common stock.
- The shares were forfeited to cover the net share settlement of taxes on shares issued upon the vesting of time-vesting restricted stock units.
- The price per share was $16.27.
- Following the transaction, Lombard directly owns 83,992 shares of Veris Residential, Inc.
Sentiment
Score: 5
Explanation: This is a routine regulatory filing related to executive compensation and tax obligations, and does not inherently indicate positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of insider trading regulations, providing transparency into the transactions of company executives and directors. This specific filing relates to tax obligations arising from the vesting of restricted stock units, a common form of executive compensation.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of the share forfeiture transaction. |
| 03/19/2025 | Date of signature on the Form 4 filing. |
Keywords
Form 4, Veris Residential, Amanda Lombard, CFO, Share Forfeiture, Tax Settlement, Restricted Stock Units, VRE
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.