Form 4: Veris Residential EVP Anna Malhari Reports Share Forfeiture for Tax Settlement
SEC Form 4 Filing
Anna Malhari, EVP & Chief Operating Officer of Veris Residential, reports the forfeiture of 3,048 shares for net share settlement of taxes on vested restricted stock units.
Summary
- On March 12, 2025, Anna Malhari, the EVP & Chief Operating Officer of Veris Residential, Inc., reported a transaction involving the forfeiture of 3,048 shares of common stock.
- The shares were forfeited for net share settlement of taxes on shares issued upon the vesting of time vesting restricted stock units.
- Following the transaction, Malhari directly owns 104,312 shares of Veris Residential common stock.
Sentiment
Score: 7
Explanation: The document is a routine regulatory filing related to executive compensation. It doesn't indicate any significant positive or negative developments for the company, but it does show that the executive is invested in the company.
Industry Context
Form 4 filings are standard disclosures required by the SEC when corporate insiders engage in transactions involving their company's stock. This filing indicates a routine tax settlement related to vested stock units.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard tax settlement.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of transaction (share forfeiture) |
| 03/14/2025 | Date of signature on the Form 4 filing |
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