Veris Residential filings document the regulatory disclosures of a Maryland real estate investment trust and its operating partnership, Veris Residential, L.P. The company’s Form 8-K reports cover quarterly results, Regulation FD supplemental operating data, corporate presentations, financial statement exhibits and material-event disclosures for its Class A multifamily REIT business.
The filing record also includes disclosures on material definitive agreements, proxy-solicitation materials, shareholder voting matters, capital structure and governance. These documents identify VRE common stock as listed on the New York Stock Exchange and provide formal updates on operating results, property metrics, REIT distributions and transaction-related disclosure obligations.
Prudential Financial, Inc. reports beneficial ownership of 83,925 shares of Veris Residential, Inc. common stock, representing 0.1% of the class as of 03/31/2026. The position is held indirectly through PGIM Quantitative Solutions LLC, and the filing is signed by a Prudential officer on 05/08/2026.
Vanguard Portfolio Management reported beneficial ownership of 8,081,259 shares of Veris Residential Inc Common Stock, equal to 8.64% of the class as disclosed in a Schedule 13G. The filing states Vanguard exercises sole dispositive power over 8,081,259 shares and sole voting power over 30,534 shares. The filing notes these holdings include securities held by Vanguard funds and managed accounts for which Vanguard Portfolio Management or affiliated divisions exercise dispositive power.
Veris Residential reported first-quarter 2026 revenue of $70.1 million, up from $67.8 million a year earlier, driven mainly by lease income. The company still posted a net loss of $15.6 million, or $0.15 per diluted share, as depreciation, interest and higher transaction and merger-related costs weighed on results.
Operating cash flow was $14.0 million, while net investment in rental property stood at $2.56 billion. Total fixed and hedged debt was about $1.36 billion, including $124 million drawn on a $300 million revolving credit facility. The company paid a quarterly dividend of $0.08 per share.
The filing explains Veris’ UPREIT structure, with Veris Residential, Inc. owning 91.7% of Veris Residential, L.P. as of March 31, 2026. It also details a pending cash merger in which common shareholders and common unitholders are expected to receive $19.00 per share or unit, and Series A-1 preferred units will receive separate consideration, subject to closing conditions.
Veris Residential, Inc. is asking stockholders to approve a merger under which each outstanding share will be converted into the right to receive $19.00 per share in cash at the effective time. The Board unanimously recommends the Merger Proposal, the non-binding Merger-Related Compensation Proposal and an Adjournment Proposal.
The Merger Agreement, dated February 23, 2026, contemplates Veris merging into a newly formed AC Residential REIT LLC as a wholly owned subsidiary of AC Residential Acquisition LP, with related partnership mergers and rollover arrangements for certain holders. Financing is expected via committed debt (a bridge facility up to $2.08B) and equity commitments of approximately $1.07B, with total funds needed estimated at $3.13B. The special meeting is virtual on May 21, 2026 and the record date was April 9, 2026 (93,838,017 Shares outstanding).
Veris Residential, Inc. director Frederic Cumenal received a grant of 159.123 phantom stock units on common stock. These units convert into common shares on a one-for-one basis and increased his cumulative phantom stock holdings to 37,692.433 units.
The award reflects a quarterly dividend credited on cumulative phantom stock units under the Veris Residential, Inc. Deferred Compensation Plan for Directors. All phantom stock units are to be settled 100% in Veris Residential common stock when his Board service ends or if a change in control occurs.
Veris Residential, Inc. director Akiva A. Katz received a grant of 114.015 phantom stock units on the company’s deferred compensation plan for directors. The units were credited as a quarterly dividend on his cumulative phantom stock balance and are valued at $18.87 per unit for this award.
The phantom stock units convert into Veris Residential common stock on a one-for-one basis and will be settled entirely in shares when his board service ends or upon a change in control. Following this award, he holds a total of 27,007.361 phantom stock units.
Veris Residential director Nori Gerardo Lietz acquired additional phantom stock units as part of board compensation. On the transaction date, she was granted 161.575 phantom stock units at $18.87 per unit, credited as a quarterly dividend on cumulative phantom units under the company’s Deferred Compensation Plan for Directors.
The phantom stock units convert into common stock on a one-for-one basis and will be settled entirely in Veris Residential common shares when her board service ends or upon a change in control. Following this award, she holds a total of 38,273.119 phantom stock units.
Veris Residential director Victor B. Macfarlane received a grant of phantom stock units as director compensation. He was awarded 109.907 phantom stock units on common stock at an assigned value of $18.87 per unit, increasing his directly held phantom stock balance to 26,034.142 units.
The units were credited as a quarterly dividend on his existing phantom stock under Veris Residential, Inc. Deferred Compensation Plan for Directors. These phantom stock units convert into common stock on a one-for-one basis and are to be settled entirely in Veris Residential common shares when his board service ends or upon a change in control of the company.
Veris Residential, Inc. director Christopher J. Papa received a grant of 10.645 Phantom Stock Units on March 31, 2026 under the company’s Deferred Compensation Plan for Directors. These units are valued at $18.87 per unit for this award and convert to common stock on a one-for-one basis.
Following this grant, Papa holds a total of 2,521.478 Phantom Stock Units. The units are to be settled entirely in Veris Residential common stock upon his termination from the Board or upon a change in control of the company.
Veris Residential, Inc. director and Chief Executive Officer Nia Mahbod received a grant of phantom stock units as non-cash compensation. The award covers 16.129 phantom stock units, valued at $18.87 per unit, increasing her direct phantom holdings to 3,820.554 units.
The phantom stock units convert into Veris Residential common stock on a one-for-one basis. They were credited as a quarterly dividend on previously granted phantom units earned for prior board service under the company’s Deferred Compensation Plan for Directors. These units will be settled entirely in Veris Residential common stock upon Mahbod’s termination of Board service or upon a change in control of the company.