Urban Edge Properties (UE) director awarded 6,490 LTIP Units tied to common shares

Rhea-AI Filing Summary

Jenkins Norman K. reported acquisition or exercise transactions in this Form 4 filing.

Urban Edge Properties director Norman K. Jenkins received a compensation grant of 6,490 2026 LTIP Units linked to the company’s common shares. These LTIP Units were issued at no cash cost under the Urban Edge Properties 2024 Omnibus Share Plan and are tied to long‑term performance.

Each LTIP Unit is designed to be convertible, after certain conditions and vesting, into one Common Partnership Unit of Urban Edge Properties LP. Those Common Units can then be redeemed for either cash or, at Urban Edge Properties’ election, an equivalent number of common shares on a one‑for‑one basis or the cash value of those shares.

The 6,490 LTIP Units vest on May 6, 2027, as long as Jenkins continues to serve on Urban Edge Properties’ Board of Trustees through that date. After this grant, his directly held LTIP Units from this award total 6,490, giving him additional long‑term, equity‑linked exposure to the company’s performance.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Jenkins Norman K.

Role null

Type	Security	Shares	Price	Value
Grant/Award	2026 LTIP Units	6,490	$0.00	--

Holdings After Transaction: 2026 LTIP Units — 6,490 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

LTIP Units granted: 6,490 units Exercise/conversion price: $0.00 per unit Underlying common shares: 6,490 shares +2 more

5 metrics

LTIP Units granted 6,490 units 2026 LTIP Units granted on May 6, 2026

Exercise/conversion price $0.00 per unit Grant/award acquisition with no cash price

Underlying common shares 6,490 shares Each LTIP Unit linked to one common share equivalent

Holdings after grant 6,490 LTIP Units Total 2026 LTIP Units directly held following this transaction

Vesting date May 6, 2027 LTIP Units vest if board service continues through this date

Key Terms

LTIP Units, Urban Edge Properties 2024 Omnibus Share Plan, Common Partnership Units, Common Units

4 terms

LTIP Units financial

"These LTIP Units ("LTIP Units") of Urban Edge Properties LP ("UELP")..."

LTIP units are awards given to executives and employees as part of a long-term incentive plan; they act like deferred bonuses that convert into company shares or cash only if the business meets set performance or time requirements. Investors care because LTIP units tie management pay to future results, can increase the number of outstanding shares (dilution) when they vest, and create ongoing compensation expense that can affect earnings and shareholder value.

Urban Edge Properties 2024 Omnibus Share Plan financial

"...were issued under the Urban Edge Properties 2024 Omnibus Share Plan."

Common Partnership Units financial

"...are convertible by the holder into an equivalent number of Common Partnership Units of UELP..."

Common Units financial

"Common Units are redeemable by the holder for cash or, at UE's election..."

Common units are the basic ownership stakes in a company, limited partnership, or trust that function like common stock: they give holders a claim on profits and often voting rights. Think of them as the ordinary seats at a table—the most directly affected by the business’s success or failure, so they typically offer higher upside but carry greater risk than preferred claims or creditors, which matters to investors evaluating potential return and safety.

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Jenkins Norman K.

(Last) (First) (Middle)

C/O URBAN EDGE PROPERTIES

12 EAST 49TH STREET, 44TH FLOOR

(Street)

NEW YORK NEW YORK 10017

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Urban Edge Properties [ UE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
2026 LTIP Units(1)	(1)	05/06/2026		A		6,490		(1)	(1)	Common Shares	6,490	$0(1)	6,490	D

Explanation of Responses:

1. These LTIP Units ("LTIP Units") of Urban Edge Properties LP ("UELP"), the operating partnership of Urban Edge Properties ("UE"), were issued under the Urban Edge Properties 2024 Omnibus Share Plan. LTIP Units are a class of units of UELP that, following the occurrence of certain events and upon vesting, are convertible by the holder into an equivalent number of Common Partnership Units of UELP ("Common Units"). Common Units are redeemable by the holder for cash or, at UE's election, common shares, par value $0.01 ("Common Shares") of UE on a one-for-one basis or the cash value of such shares. These LTIP Units vest on May 6, 2027 subject to the reporting person continuing to serve on UE's Board of Trustees until such date. Common Units are redeemable by the holder for cash or, at UE's election, Common Shares of UE on a one-for-one basis or the cash value of such shares.

Remarks:

	/s/ Heather Ohlberg under POA	05/08/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Norman K. Jenkins acquire in this Urban Edge Properties (UE) Form 4?

Norman K. Jenkins received a grant of 6,490 2026 LTIP Units as compensation. These derivative units are linked to Urban Edge Properties’ common shares and were awarded at no cash cost under the 2024 Omnibus Share Plan.

How can Jenkins’ 2026 LTIP Units in Urban Edge Properties (UE) turn into common shares?

After certain events and vesting, each LTIP Unit converts into one Common Partnership Unit. Each Common Unit is then redeemable for cash or, at Urban Edge Properties’ election, one common share or its cash value on a one‑for‑one basis.

When do Norman K. Jenkins’ 6,490 LTIP Units in Urban Edge Properties (UE) vest?

The 6,490 LTIP Units vest on May 6, 2027, if Jenkins continues serving on Urban Edge Properties’ Board of Trustees through that date. Vesting links the award to his ongoing board service and long‑term alignment with the company.

Is the Urban Edge Properties (UE) Form 4 transaction a market purchase or sale?

No, the filing reports a compensation grant, not a market trade. Jenkins acquired 6,490 LTIP Units through an award, with no cash price per unit, rather than buying or selling shares in the open market.

What plan governs the LTIP Units granted to Norman K. Jenkins at Urban Edge Properties (UE)?

The LTIP Units were issued under the Urban Edge Properties 2024 Omnibus Share Plan. This plan allows the company to grant equity‑linked awards such as LTIP Units to align participants’ interests with long‑term shareholder value.