Form 4: Veris Residential EVP Anna Malhari Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Anna Malhari, EVP & Chief Operating Officer of Veris Residential, reports a transaction involving common stock on March 11, 2024, resulting in an adjusted beneficial ownership.
Summary
- On March 11, 2024, Anna Malhari, EVP & Chief Operating Officer of Veris Residential, Inc., reported a transaction.
- The transaction involved the forfeiture of 1,019 shares of common stock at a price of $15.18 per share.
- This forfeiture was for net share settlement of taxes on shares issued upon vesting of time vesting restricted stock units.
- Following the transaction, Malhari's directly owned securities amount to 40,032 shares.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure required by the SEC for corporate insiders, providing transparency into their transactions and holdings in the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it involves a small number of shares forfeited for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction involving common stock forfeiture. |
| 03/13/2024 | Date of signature for the Form 4 filing. |
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