Urban Edge (UE) awards 2026 performance and time-based LTIP units to EVP

Rhea-AI Filing Summary

Urban Edge Properties executive Heather Ohlberg, EVP, General Counsel & Secretary, reported equity-based awards tied to the company’s long-term incentive program. On January 27, 2026, she received 6,604 performance-based LTIP Units and 14,906 time-based LTIP Units under the 2026 long-term incentive plan, granted pursuant to the Urban Edge Properties 2024 Omnibus Share Plan.

Each LTIP Unit can, after required tax allocations and vesting, be converted at the holder’s election into a Common Unit and then into one Common Share, with no stated expiration. The performance-based LTIP Units may vest over a period tied to a three-year performance measurement ending January 26, 2029, followed by additional vesting dates on January 27, 2030 and January 27, 2031, based on total shareholder return and continued employment. The time-based LTIP Units vest ratably over three years, beginning on January 27, 2027.

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^*

Ohlberg Heather

(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)
	EVP, General Counsel & Sec.

3. Date of Earliest Transaction (Month/Day/Year)
01/27/2026

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 (2026 LTI Perf.)(1)	(2)	01/27/2026		A		6,604		(3)	(2)	Common Shares	6,604	$0.0000	6,604	D
LTIP Units (2026 LTI Time)(1)	(2)	01/27/2026		A		14,906		(4)	(2)	Common Shares	14,906	$0.0000	14,906	D

Explanation of Responses:

1. Represents LTIP Units in Urban Edge Properties LP granted pursuant to the Urban Edge Properties 2026 long-term incentive plan (the "2026 LTI Plan") under the Urban Edge Properties 2024 Omnibus Share Plan. The 2026 LTI Plan is comprised of LTIP Units that vest solely based on time, which we refer to as "2026 LTI Time" in Table II and those that vest and are earned subject to both time and performanced hurdles, which we refer to as "2026 LTI Perf." in Table II.

2. Conditioned upon minimum allocations to the 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 Unit. Each Common Unit acquired upon conversion of an LTIP Unit may be converted into one Common Share of Urban Edge Properties (the "Issuer"). LTIP Units are generally not convertible without the consent of the Issuer until two years from the date of the grant. The right to convert LTIP Units into Common Units and to convert Common Units into Common Shares do not have expiration dates.

3. The LTIP Units are scheduled to vest as follows: 50% as soon as practicable following the determination of the units earned upon completion of the three year performance measurement period ending January 26, 2029 (the "Measurement Period") and 25% on each of January 27, 2030 and January 27, 2031, subject to continued employment through such dates and the achievement of certain performance based criteria based on the Issuer's total return to shareholders during the Measurement Period. The number of LTIP Units reported represents the maximum number of LTIP Units that may be earned based on the Issuer's total return to shareholders during the Measurement Period. Excludes 19,812 LTIP units granted under the 2026 LTI Plan the earning of which is subject to conditions that are not tied solely to the market price of an equity security of the Issuer.

4. The LTIP Units vest ratably over three years, subject to continued employment through each vesting date, with the initial vesting occurring on January 27, 2027.

	/s/ Heather Ohlberg	01/29/2026
	** Signature of Reporting Person	Date
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FAQ

What insider transaction did Urban Edge Properties (UE) report for Heather Ohlberg?

Urban Edge Properties reported that EVP, General Counsel & Secretary Heather Ohlberg received grants of LTIP Units on January 27, 2026. These awards are part of the company’s 2026 long-term incentive plan under its 2024 Omnibus Share Plan and are equity-based compensation.

How many LTIP Units did Heather Ohlberg receive in the latest Urban Edge (UE) Form 4?

Heather Ohlberg received 6,604 performance-based LTIP Units and 14,906 time-based LTIP Units. Both grants were recorded as derivative securities at a price per unit of $0.0000 and are held directly, subject to specific vesting and performance conditions described in the filing footnotes.

What are the vesting conditions for the performance-based LTIP Units at Urban Edge (UE)?

The performance-based LTIP Units may vest 50% after units earned are determined for a three-year performance period ending January 26, 2029, then 25% on January 27, 2030 and January 27, 2031. Vesting depends on continued employment and total shareholder return performance criteria.

How do Urban Edge (UE) LTIP Units convert into common shares?

After required capital account allocations and vesting, each LTIP Unit may be converted at the holder’s election into a Common Unit, which in turn may be converted into one Common Share of Urban Edge Properties. These conversion rights have no expiration dates, though initial convertibility is restricted.

What is the vesting schedule for the time-based LTIP Units granted by Urban Edge (UE)?

The time-based LTIP Units granted to Heather Ohlberg vest ratably over three years. The initial vesting occurs on January 27, 2027, with subsequent vesting dependent on her continued employment through each vesting date, as outlined in the long-term incentive plan.

What performance period applies to Heather Ohlberg’s 2026 LTI Perf. LTIP Units at Urban Edge (UE)?

The performance period for the 2026 LTI Perf. LTIP Units ends on January 26, 2029. The number of units ultimately earned depends on Urban Edge Properties’ total shareholder return during this measurement period, with the reported 6,604 units representing the maximum potentially earnable amount.