UDR, Inc. (NYSE: UDR) CFO reports 2,134-share tax withholding on vesting
Rhea-AI Filing Summary
UDR, Inc. reports that its SVP & Chief Financial Officer, David D. Bragg, had 2,134 shares of common stock withheld on 2026-07-23 to satisfy tax withholding obligations upon vesting of restricted stock. The deemed disposition, at $39.48 per share, leaves him with 27,892 directly held shares and is exempt under Rule 16b-3(e).
Positive
- None.
Negative
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Insider Trade Summary
Net Seller: 2,134 shares
Net Sell
1 txn
Insider
Bragg David D.
Role
SVP - Chief Financial Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock F1 | 2,134 | $39.48 | $84K |
Holdings After Transaction:
Common Stock — 27,892 shares (Direct)
Footnotes (1)
- F1. Represents shares of restricted stock withheld to satisfy the reporting person's tax withholding obligation upon vesting of restricted stock. The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e).
Key Figures
Shares withheld for taxes: 2,134 shares
Deemed price per share: $39.48 per share
Direct holdings after transaction: 27,892 shares
+1 more
4 metrics
Shares withheld for taxes
2,134 shares
Restricted stock withheld to satisfy tax withholding obligation on 2026-07-23
Deemed price per share
$39.48 per share
Value applied to shares withheld in tax-withholding disposition
Direct holdings after transaction
27,892 shares
CFO David D. Bragg direct ownership following the withholding
Tax-withholding disposition shares
2,134 shares
Count also shown in exercisePriceOrTaxLiabilityShares
Key Terms
restricted stock, tax withholding obligation, Rule 16b-3(e), tax-withholding disposition
4 terms
restricted stock financial
"Represents shares of restricted stock withheld to satisfy the reporting person's tax withholding obligation"
Shares granted to an individual that carry limits on transfer or sale until certain conditions are met, such as staying with the company for a set time or hitting performance targets. Think of them as a locked gift that gradually opens; for investors they matter because they affect how many shares may enter the market later, signal management incentives and potential dilution, and reveal confidence in future company performance.
tax withholding obligation financial
"shares of restricted stock withheld to satisfy the reporting person's tax withholding obligation upon vesting"
Rule 16b-3(e) regulatory
"The deemed disposition of the withheld shares is exempt pursuant to Rule 16b-3(e)"
tax-withholding disposition financial
"transaction_action is described as a tax-withholding disposition under code F"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did UDR (UDR) report for its CFO?
UDR reported that CFO David D. Bragg had 2,134 shares of common stock withheld to cover taxes on vested restricted stock. This was an internal tax-withholding disposition, not a market purchase or sale, and is exempt under Rule 16b-3(e).
Was the UDR (UDR) CFO’s Form 4 transaction an open-market sale?
No. The Form 4 describes a tax-withholding disposition under code F, where restricted stock shares were withheld by the issuer to pay taxes upon vesting, rather than an open-market sale of shares.
What does Rule 16b-3(e) mean in the UDR (UDR) CFO’s Form 4?
The footnote states the deemed disposition of withheld shares is exempt under Rule 16b-3(e). This rule provides an exemption for certain insider transactions related to equity compensation plans, such as tax-withholding on vested restricted stock.