Glen Weiss reports an option exercise at VNO
By AlphaYouPublished Form 4
Weiss Glen J.
Reporting filer
Glen Weiss reports an option exercise, not an open-market purchase or sale, in Vornado Realty Trust. Form 4 filed Oct 8, 2026 lists 2 entries.
- Disclosed
- Oct 8, 2026
Reported details
2 entries| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| AO RUs (derivative) | Weiss Glen J. | 2026-10-06 | M | Exercise or conversion | 100000 | 0 | 1,417,295 | 2 days | Filed terms
|
| Class A Units (derivative) | Weiss Glen J. | 2026-10-06 | M | Exercise or conversion | 50246 | Not stated (see footnotes) | 332,999 | 2 days | Filed terms
|
AO RUs (derivative)
- Owner
- Weiss Glen J.
- Date
- 2026-10-06
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 100000
- Price
- 0
- Following holdings
- 1,417,295
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: AO RUs
- conversion Or Exercise Price: 16.6777
- id: F1
- transaction Date: 2026-10-06
- deemed Execution Date: 2026-10-06
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 100000
- transaction Price Per Share: 0
- id: F1
- transaction Acquired Disposed Code: D
- exercise Date: 2026-06-29
- id: F1
- expiration Date: 2033-06-29
- id: F1
- underlying Security Title: Class A Units
- underlying Security Shares: 100000
- shares Owned Following Transaction: 1417295
- id: F1
- direct Or Indirect Ownership: D
- nature Of Ownership:
Class A Units (derivative)
- Owner
- Weiss Glen J.
- Date
- 2026-10-06
- Code
- M
- Action
- Exercise or conversion
- Quantity
- 50246
- Price
- Not stated (see footnotes)
- Following holdings
- 332,999
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Class A Units
- id: F1
- id: F2
- transaction Date: 2026-10-06
- deemed Execution Date: 2026-10-06
- transaction Form Type: 4
- transaction Code: M
- equity Swap Involved: 0
- transaction Shares: 50246
- id: F2
- id: F2
- transaction Acquired Disposed Code: A
- id: F2
- id: F2
- underlying Security Title: Common Shares
- underlying Security Shares: 50246
- id: F2
- shares Owned Following Transaction: 332999
- direct Or Indirect Ownership: D
- nature Of Ownership:
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- Weiss Glen J.: EVP- OFF. LEASING CO HEAD R.E..
- F1: On June 29, 2023, the reporting person received a grant of appreciation only restricted units (the "AO RUs"), of Vornado Realty L.P., (the "Operating Partnership") the Operating Partnership of Vornado Realty Trust (the "Company") totaling 1,517,295 units, as adjusted, of which 303,459 vested on June 29, 2026 and the remaining 1,213,836 vest on June 29, 2027. The AO RUs are a class of units of the Operating Partnership that, following the satisfaction of certain performance hurdles and upon vesting, are convertible by the holder into a number of Class A Units determined by the quotient of (i) the excess of the value of a Company common share as of the date of the conversion over $16.6777, divided by (ii) the value of a Company common share as of the date of conversion.
- F2: Class A Units of the Operating Partnership are redeemable by the holder for cash or, at the Company's election, common shares of the Company on a one-for-one basis or the cash value of such shares. The right to convert Class A Units into common shares does not have an expiration date.
Original sources
Prepared automatically from public filing data. Report a correction.