Form 4: Veris Residential EVP Taryn D. Fielder Reports Stock Forfeiture for Tax Settlement
SEC Form 4 Filing
Taryn D. Fielder, EVP, General Counsel & Secretary of Veris Residential, Inc., reported the forfeiture of 2,626 shares of common stock to cover taxes on vested restricted stock units on March 18, 2024.
Summary
- On March 18, 2024, Taryn D. Fielder, EVP, General Counsel & Secretary of Veris Residential, Inc., forfeited 2,626 shares of common stock.
- The forfeiture was executed to cover taxes on shares issued upon the vesting of time-vesting restricted stock units.
- The price per share was $14.808.
- Following the transaction, Fielder directly owns 60,293 shares of Veris Residential, Inc.
Sentiment
Score: 5
Explanation: This is a routine transaction related to tax obligations, so the sentiment is neutral.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders of a company buy or sell the company's securities. This filing indicates a transaction related to tax obligations on vested stock units, which is a common occurrence.
Key Dates
| Date | Description |
|---|---|
| 03/18/2024 | Date of stock forfeiture transaction. |
| 03/20/2024 | Date of signature on the Form 4 filing. |
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