Form 4: Veris Residential Director Ronald Dickerman Acquires and Holds Shares

Director Ronald Dickerman reports acquisition of restricted shares and indirect holdings in Veris Residential, Inc.

Summary

• On June 26, 2024, Ronald Dickerman, a director of Veris Residential, Inc., acquired 8,904 restricted shares of common stock.
• These shares were granted pursuant to the 2024 Incentive Stock Plan and will vest on the earlier of June 26, 2025, or the date of the 2025 annual meeting of stockholders.
• Following this transaction, Dickerman directly owns 15,677 shares.
• Dickerman also exercises shared voting and dispositive control over 6,107,661 shares beneficially owned by entities operating under the trade name 'Madison International Realty'.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing share transactions by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Positives

• The acquisition of restricted shares indicates confidence in Veris Residential's future performance.

Industry Context

Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.

Stakeholder Impact

• The transaction provides shareholders with insight into the actions of a key company director.

Key Dates