Form 4: Veris Residential EVP Jeffrey Scott Turkanis Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Jeffrey Scott Turkanis, EVP & Chief Investment Officer of Veris Residential, Inc., reports a transaction involving the forfeiture of common stock for net share settlement of taxes.
Summary
- On March 12, 2025, Jeffrey Scott Turkanis, EVP & Chief Investment Officer of Veris Residential, Inc., reported a transaction.
- The transaction involved the forfeiture of 2,145 shares of common stock for net share settlement of taxes on shares issued upon vesting of time vesting restricted stock units.
- Following the transaction, Turkanis beneficially owns 113,382 shares of Veris Residential, Inc.
- The price per share for the forfeiture was $16.135.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing indicating a standard transaction. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it involves a small number of shares forfeited for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 03/12/2025 | Date of transaction (stock forfeiture) |
| 03/14/2025 | Date of signature |
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