UDR (UDR) appoints Ellen M. Goitia to board and key committees
Filing Impact
Filing Sentiment
Form Type
8-K
Rhea-AI Filing Summary
UDR, Inc. reported that Ellen M. Goitia has been appointed to its Board of Directors, effective January 1, 2026. The Board expanded from nine to ten members to add her to the group.
Ms. Goitia is classified as an independent director under New York Stock Exchange rules and will serve on UDR’s Nominating and Governance Committee and its Audit and Risk Management Committee. The company stated there are no related person transactions between her and UDR or its subsidiaries.
She will participate in UDR’s independent director compensation program, which currently provides an annual cash retainer of $80,000 and an annual equity grant valued at $200,000, with flexibility to take the cash portion in cash or various equity units.
Positive
- None.
Negative
- None.
8-K Event Classification
2 items: 5.02, 9.01
2 items
Item 5.02
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers
Governance
Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 9.01
Financial Statements and Exhibits
Exhibits
Financial statements, pro forma financial information, and exhibit attachments filed with this report.
FAQ
What did UDR (symbol: UDR) announce in this 8-K filing?
UDR, Inc. announced the appointment of Ellen M. Goitia to its Board of Directors, effective January 1, 2026, and the expansion of the Board from nine to ten members.
What board committees will Ellen M. Goitia serve on at UDR?
Ellen M. Goitia was appointed to UDR’s Nominating and Governance Committee and its Audit and Risk Management Committee.
Is Ellen M. Goitia considered an independent director at UDR?
Yes. UDR states that Ellen M. Goitia is an independent director as defined under the listing standards of the New York Stock Exchange.
How will Ellen M. Goitia be compensated as an independent director of UDR?
Under UDR’s independent director compensation program, she is eligible for an $80,000 annual retainer and an annual equity grant valued at $200,000, payable in restricted stock, stock options, Class 1 LTIP Units, Class 1 Performance LTIP Units, or a combination.
Can UDR independent directors choose how they receive their cash retainer?
Yes. Each independent director may receive the cash portion of compensation in cash, restricted stock, Class 1 LTIP Units, Class 1 Performance LTIP Units, or a combination.
Did UDR disclose any other documents with this director appointment?
Yes. UDR attached a press release announcing Ellen M. Goitia’s appointment as Exhibit 99.1 and referenced standard indemnification arrangements for her.