Haim Chera - May 7, 2025 Form 4 Insider Report for VORNADO REALTY TRUST (VNO)

Role: EVP- HEAD OF RETAIL
Signature: /s/ Ryan Saum, Attorney-in-Fact
Stock symbol: VNO
Transactions as of: May 7, 2025
Transactions value $: $0
Form type: 4
Date filed: 5/9/2025, 04:15 PM
Previous filing: Feb 7, 2025
Next filing: May 30, 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Chera Haim	EVP- HEAD OF RETAIL	C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK	/s/ Ryan Saum, Attorney-in-Fact	2025-05-09	0001774826

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	VNO	Common Shares	Conversion of derivative security	$0	+50K		$0.00	50K	May 7, 2025	Direct	F1, F2

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Underlying Class	Amount	Exercise Price	Ownership	Footnotes
transaction	VNO	Class A Units	Conversion of derivative security		-50K	-12.8%		341K	May 7, 2025	Common Shares	50K		Direct	F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust ("the Company").
F2	Class A Units of Vornado Realty L.P. (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. A total of 50,000 Class A Units of the Operating Partnership were converted by the Reporting Person on a one-for-one basis into an equal number of shares of the Company's Common Shares.

Content

Common shares of beneficial interest, par value $.04 per share (the "Common Shares"), of Vornado Realty Trust ("the Company").

Class A Units of Vornado Realty L.P. (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. A total of 50,000 Class A Units of the Operating Partnership were converted by the Reporting Person on a one-for-one basis into an equal number of shares of the Company's Common Shares.