Urban Edge (NYSE: UE) awards CFO 51,774 LTIP performance units

Rhea-AI Filing Summary

Urban Edge Properties Chief Financial Officer Mark Langer received a grant of 51,774 LTIP Units (2023 LTI Perf.). These units were earned based on performance metrics over a three-year period ending February 9, 2026, as determined by the compensation committee on March 12, 2026.

Under the company’s 2015 Omnibus Share Plan, 50% of the LTIP Units vest immediately, with 25% vesting on February 9, 2027 and 25% on February 9, 2028, subject to continued employment. Each LTIP Unit can be converted into a Common Partnership Unit and then into one Urban Edge common share, with no expiration on conversion rights.

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

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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^*

Langer Mark

(Last) (First) (Middle)

C/O URBAN EDGE PROPERTIES

12 EAST 49TH STREET, 44TH FLOOR

(Street)

NEW YORK NY 10017

(City) (State) (Zip)

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

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

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

3. Date of Earliest Transaction (Month/Day/Year)
03/12/2026

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

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

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

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
LTIP Units (2023 LTI Perf.)(1)	(1)	03/12/2026		A		51,774		(2)	(1)	Common Shares	51,774	$0.0000	51,774(3)	D

Explanation of Responses:

1. Represents LTIP Units granted pursuant to the issuer's 2015 Omnibus Share Plan that have been earned following the achievement of certain performance metrics over the three-year period ending February 9, 2026, as determined by the compensation committee of the issuer on March 12, 2026. Conditioned upon minimum allocations to the absolute and capital accounts of the LTIP Units for federal income tax purposes and vesting, each LTIP Unit may be converted, at the election of the holder, into a Common Partnership Unit (a "Common Unit") in Urban Edge Properties LP. Each Common Unit acquired upon conversion of an LTIP Unit may be converted into one Common Share of the issuer. The right to convert LTIP Units into Common Units and to convert Common Units into Common Shares do not have expiration dates.

2. 50% of the LTIP Units are immediately vested and 25% will vest on each of February 9, 2027 and February 9, 2028, respectively, subject to continued employment through such dates.

3. Includes 12,248 of the LTIP Units (2023 LTI Perf.) that were previously reported on a Form 4 filed by the Reporting Person with the Securities and Exchange Commission on February 14, 2023, which were also determined to be earned.

	/s/ Heather Ohlberg under POA	03/16/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What insider transaction did Urban Edge Properties (UE) report for Mark Langer?

Urban Edge Properties reported that CFO Mark Langer received 51,774 LTIP Units (2023 LTI Perf.). These units were earned under the 2015 Omnibus Share Plan after meeting performance metrics over a three-year period ending February 9, 2026, as determined on March 12, 2026.

How many LTIP Units were granted to Urban Edge CFO Mark Langer?

CFO Mark Langer was granted 51,774 LTIP Units (2023 LTI Perf.). This total includes 12,248 LTIP Units previously reported that were also determined to be earned. Following this grant, his reported derivative holdings in these LTIP Units are 51,774 units under the company’s long-term incentive structure.

What is the vesting schedule for Mark Langer’s 51,774 LTIP Units at Urban Edge?

For Mark Langer’s 51,774 LTIP Units, 50% vest immediately. The remaining units vest in two equal tranches of 25% on February 9, 2027 and February 9, 2028, respectively, provided he remains employed with Urban Edge Properties through each applicable vesting date.

How can Urban Edge’s LTIP Units convert into common shares for Mark Langer?

Each LTIP Unit may be converted, after required tax allocations and vesting, into a Common Partnership Unit in Urban Edge Properties LP. Each Common Unit acquired this way can then be converted into one Urban Edge common share, and these conversion rights do not have expiration dates.

What performance period determined the earning of Mark Langer’s 2023 LTI performance units at UE?

The 2023 LTI performance LTIP Units for Mark Langer were earned based on performance metrics measured over a three-year period ending February 9, 2026. The compensation committee determined the achievement of these metrics and the resulting earned amount on March 12, 2026.

Are all of Mark Langer’s newly reported LTIP Units at Urban Edge immediately vested?

Not all of Mark Langer’s LTIP Units are immediately vested. Half of the 51,774 LTIP Units vest right away, while the remaining 25% tranches will vest on February 9, 2027 and February 9, 2028, contingent on his continued employment with Urban Edge Properties.