December 31, 2024 · Form 4 insider transaction
KATZ A. AKIVA bought 1,673.265 shares of Veris Residential, Inc. at $16.62 per share, a transaction worth $27.8K. The trade was recorded as grant or award and disclosed on an SEC Form 4, filed 3 days after the transaction.
The phantom stock units convert to common stock on a one-for-one basis.; The number of phantom stock units awarded is comprised of a quarterly director's fee earned and a quarterly dividend credited on cumulative phantom stock units under the Veris Residential, Inc. Deferred Compensation Plan for Directors.; The phantom stock units were accrued under the Veris Residential, Inc. Deferred Compensation Plan for Directors and are to be settled 100% in Veris Residential, Inc. common stock upon the termination of the reporting person's service on the Board of Directors of Veris Residential, Inc. or upon a change in control of Veris Residential, Inc.