=== SEC Form 4 — Statement of Changes in Beneficial Ownership ===
Document Type: 4
Period of Report: 2026-05-18
10b5-1 Pre-arranged Plan: No
--- Issuer ---
Name: VORNADO REALTY TRUST (VNO)
CIK: 0000899689
--- Reporting Owner ---
Name: ROTH STEVEN
CIK: 0000904503
Role: Director, Officer (CHAIRMAN AND CEO)
--- Non-Derivative Transactions ---
[Transaction #1]
Security: Common Shares
Date: 2026-05-18 | Code: G (Gift)
Shares: -26,428 | Price: $0.00
Shares Owned After: 0 | Ownership: I (Indirect) | Nature: Held by 2024 GRAT
Footnotes:
[F1] Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust.
[F2] Reflects the number of Common Shares distributed in accordance with the requirements of the grantor retained annuity trust to a family trust of which the reporting person is not a trustee.
[F3] On May 16, 2024, the reporting person contributed 122,858 Common Shares to a grantor retained annuity trust. Upon termination of the trust on May 18, 2026, 26,428 of the Common Shares were transferred to a trust for the benefit of the reporting person's family. The remaining 96,430 shares were distributed to the reporting person (a portion in May 2025 and a portion on May 18, 2026) and subsequently contributed to another grantor retained annuity trust and to a limited liability company that is managed and controlled solely by the reporting person, and those shares continue to be reported in this Form 4 as indirectly owned.
--- Holdings ---
[Holding #1]
Security: Common Shares
Ownership: I (Indirect)
Footnotes:
[F1] Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust.
[Holding #2]
Security: Common Shares
Ownership: I (Indirect)
Footnotes:
[F1] Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust.
[F4] These Common Shares are held by Interstate Properties, a New Jersey general partnership of which Mr. Roth is the managing general partner. The filing of this Form 4 shall not be deemed an admission that Mr. Roth is the beneficial owner of these 3,519,032 Common Shares, except to the extent of his pecuniary interest.
[Holding #3]
Security: Common Shares
Ownership: I (Indirect)
Footnotes:
[F1] Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust.
[F5] Held by a limited liability company which is managed and controlled solely by the reporting person and all interests therein are held by the reporting person and his spouse.
[Holding #4]
Security: Common Shares
Ownership: I (Indirect)
Footnotes:
[F1] Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust.
[F6] These Common Shares are held by the reporting persons spouse. The filing of this Form 4 shall not be deemed an admission that Mr. Roth is the beneficial owner of these Common Shares.
[Holding #5]
Security: Common Shares
Ownership: I (Indirect)
Footnotes:
[F1] Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust.
[F7] These Common Shares are held by the Daryl and Steven Roth Foundation, a charitable foundation, over which Mr. Roth holds sole voting and investment power. Mr. Roth disclaims any pecuniary interest in these Common Shares.
--- Footnotes (Complete Index) ---
F1: Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust.
F2: Reflects the number of Common Shares distributed in accordance with the requirements of the grantor retained annuity trust to a family trust of which the reporting person is not a trustee.
F3: On May 16, 2024, the reporting person contributed 122,858 Common Shares to a grantor retained annuity trust. Upon termination of the trust on May 18, 2026, 26,428 of the Common Shares were transferred to a trust for the benefit of the reporting person's family. The remaining 96,430 shares were distributed to the reporting person (a portion in May 2025 and a portion on May 18, 2026) and subsequently contributed to another grantor retained annuity trust and to a limited liability company that is managed and controlled solely by the reporting person, and those shares continue to be reported in this Form 4 as indirectly owned.
F4: These Common Shares are held by Interstate Properties, a New Jersey general partnership of which Mr. Roth is the managing general partner. The filing of this Form 4 shall not be deemed an admission that Mr. Roth is the beneficial owner of these 3,519,032 Common Shares, except to the extent of his pecuniary interest.
F5: Held by a limited liability company which is managed and controlled solely by the reporting person and all interests therein are held by the reporting person and his spouse.
F6: These Common Shares are held by the reporting persons spouse. The filing of this Form 4 shall not be deemed an admission that Mr. Roth is the beneficial owner of these Common Shares.
F7: These Common Shares are held by the Daryl and Steven Roth Foundation, a charitable foundation, over which Mr. Roth holds sole voting and investment power. Mr. Roth disclaims any pecuniary interest in these Common Shares.
--- Signature ---
/s/ /s/ Ryan Saum, Attorney-in-Fact (2026-05-20)