Director Russell B Jr Wight purchased 4,000 shares of VNO for $67,753.50 at blended average $16.94, establishing initial position
Russell B Jr Wight, a director at Vornado Realty Trust, executed 4 separate purchases totaling 4,000 shares for $67,753.50 on 2026-06-08, at prices ranging from $15.00 to $17.69, establishing a new position from zero holdings. The blended average purchase price of $16.94 sits meaningfully below the current price of $38.28, reflecting a 30-day gain of 23.3% and 90-day gain of 47.0% in the underlying security since his entry. The company's fundamentals show modest growth (annual revenue growth of 1.3%), negative net income of $-7,317,000.00 on quarterly revenue of $459,105,000.00, and a relatively low P/E of 9.05. The director's prior trading history at VNO consists of two sells in December 2023, for which measurable outcomes remain unavailable, providing limited context for assessing directional conviction patterns at this specific ticker.