Urban Edge Properties (NYSE: UE) CEO earns 216,951 LTIP performance units

Rhea-AI Filing Summary

Urban Edge Properties Chairman and CEO Jeffrey S. Olson reported a compensation-related award of 216,951 LTIP Units tied to 2023 long-term performance. These units were earned after meeting performance metrics over a three-year period ending February 9, 2026, as confirmed on March 12, 2026.

Each LTIP Unit can ultimately be converted into one common share through a partnership unit structure and does not have an expiration date. Half of the units vest immediately, with 25% scheduled to vest on February 9, 2027 and the remaining 25% on February 9, 2028, subject to continued employment. The award includes 51,322 LTIP Units previously reported and now determined to be earned.

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^*

Olson Jeffrey S

(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)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman of the Board & CEO

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		216,951		(2)	(1)	Common Shares	216,951	$0.0000	216,951(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 51,322 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.
* 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.

FAQ

What did Urban Edge Properties (UE) report in this Form 4 for Jeffrey Olson?

Urban Edge Properties reported a grant of 216,951 LTIP Units to Chairman and CEO Jeffrey S. Olson. The award relates to 2023 long-term performance and was earned after achieving specific performance metrics over a three-year period ending February 9, 2026.

How do the LTIP Units reported for Urban Edge Properties (UE) convert into common shares?

Each LTIP Unit can ultimately convert into one common share through an intermediate step as a Common Partnership Unit in Urban Edge Properties LP. The rights to convert LTIP Units and Common Units into common shares do not have expiration dates.

What is the vesting schedule of the 216,951 LTIP Units at Urban Edge Properties (UE)?

Fifty percent of the LTIP Units vest immediately, while 25% are scheduled to vest on February 9, 2027 and another 25% on February 9, 2028. The later vestings require Jeffrey S. Olson’s continued employment through those dates.

Are all 216,951 LTIP Units for Urban Edge Properties (UE) newly granted in this filing?

No, the total includes previously reported LTIP Units. Of the 216,951 LTIP Units, 51,322 were reported on an earlier Form 4 filed on February 14, 2023 and have now been determined to be earned under the performance criteria.

Is the Urban Edge Properties (UE) Form 4 about an open-market stock purchase or sale?

No, this Form 4 reflects a compensation-related award. It reports the grant and earning of performance-based LTIP Units to the CEO, not an open-market buy or sell transaction of existing common shares on a stock exchange.