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 1,566 shares of common stock to cover taxes related to the vesting of restricted stock units.
Summary
- On April 18, 2025, Amanda Lombard, the Chief Financial Officer of Veris Residential, Inc., forfeited 1,566 shares of common stock.
- This forfeiture was for the net share settlement of taxes on shares issued upon the vesting of time vesting restricted stock units.
- The price per share was $15.568.
- Following the transaction, Lombard directly owns 82,426 shares of Veris Residential, Inc.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing detailing a standard tax-related share forfeiture, indicating a neutral 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 filing indicates a standard tax settlement process related to the vesting of restricted stock units, which is a common form of executive compensation.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine tax settlement.
Key Dates
| Date | Description |
|---|---|
| 04/18/2025 | Date of share forfeiture transaction |
| 04/21/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Veris Residential, Amanda Lombard, CFO, Share Forfeiture, Tax Settlement, Restricted Stock Units, Beneficial Ownership
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