Form 4: Veris Residential EVP Taryn D. Fielder Reports Stock Forfeiture for Tax Settlement

Taryn D. Fielder, EVP, General Counsel & Secretary of Veris Residential, Inc., reported the forfeiture of 1,755 common stock shares to cover taxes upon vesting of restricted stock units on April 29, 2024.

Summary

• On April 29, 2024, Taryn D. Fielder, EVP, General Counsel & Secretary of Veris Residential, Inc., forfeited 1,755 shares of common stock.
• The forfeiture was for net share settlement of taxes on shares issued upon the vesting of time vesting restricted stock units.
• The price per share was $14.6225.
• Following the transaction, Fielder directly owns 58,538 shares of Veris Residential, Inc.

Sentiment

Score: 5

Explanation: This is a neutral event; a standard tax-related stock transaction. It doesn't indicate positive or negative sentiment about the company's performance.

Industry Context

This is a routine Form 4 filing, which is standard practice when company insiders have transactions involving the company's stock. It provides transparency to the market regarding insider activity.

Stakeholder Impact

• The transaction has a minimal impact on stakeholders as it is a standard procedure for tax obligations related to stock vesting.

Key Dates