4/A: Veris Residential Executive Taryn D. Fielder Amends SEC Filing to Correctly Report Beneficial Ownership

Sentiment:

SEC Filing Amendment


Taryn D. Fielder, EVP, General Counsel & Secretary of Veris Residential, Inc., amended a previous SEC filing to correct the reported amount of securities beneficially owned following a transaction on April 29, 2024.

Summary

  • On April 29, 2024, Taryn D. Fielder, EVP, General Counsel & Secretary of Veris Residential, Inc., engaged in a transaction involving common stock.
  • This transaction involved the forfeiture of 1,755 shares for net share settlement of taxes on shares issued upon vesting of time vesting restricted stock units at a price of $14.6225.
  • An initial Form 4 filing on May 1, 2024, incorrectly reported the total amount of securities beneficially owned.
  • This amended Form 4/A corrects the error, updating the reported amount of securities beneficially owned following the transaction to 79,018 shares.

Sentiment

Score: 7

Explanation: The document is a routine correction of an SEC filing. While it addresses a previous error, it doesn't inherently indicate positive or negative sentiment regarding the company's performance or outlook. The correction ensures accurate information is available to investors.

Negatives

  • The initial Form 4 filing contained an error regarding the total amount of securities beneficially owned.

Industry Context

This is a routine SEC filing related to changes in beneficial ownership by a company executive. Such filings are common and provide transparency to the market regarding insider transactions.

Stakeholder Impact

  • The correction of the filing ensures that shareholders and potential investors have accurate information regarding insider ownership.

Key Dates

DateDescription
04/29/2024Date of the transaction involving the forfeiture of shares.
05/01/2024Date of the original Form 4 filing which contained an error.
03/11/2025Date of signature on the amended Form 4/A.

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