Urban Edge (NYSE: UE) awards 8,517 LTIP units to chief accounting officer

Rhea-AI Filing Summary

Urban Edge Properties reported that its Chief Accounting Officer, Andrea Rosenthal Drazin, received a grant of 8,517 LTIP Units (2026 LTI Time) on January 27, 2026 at a price of $0.0000 per unit under the company’s 2026 long-term incentive plan within the 2024 Omnibus Share Plan.

These LTIP Units vest ratably over three years, with the first vesting date on January 27, 2027, contingent on continued employment. After required tax capital allocations and vesting, each LTIP Unit may be converted into a Common Unit and then into one Common Share of Urban Edge Properties. Following this grant, Drazin directly beneficially owns 8,517 derivative LTIP Units.

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^*

Drazin Andrea Rosenthal

(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 Accounting Officer

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 Time)(1)	(2)	01/27/2026		A		8,517		(3)	(2)	Common Shares	8,517	$0.0000	8,517	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 under the Urban Edge Properties 2024 Omnibus Share Plan.

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 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 under POA	01/29/2026
	** 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 insider transaction did Urban Edge Properties (UE) disclose in this Form 4?

Urban Edge Properties disclosed that Chief Accounting Officer Andrea Rosenthal Drazin received 8,517 LTIP Units on January 27, 2026. The grant was made at a price of $0.0000 per unit under the 2026 long-term incentive plan within the 2024 Omnibus Share Plan.

How many LTIP Units were granted to Urban Edge’s Chief Accounting Officer?

Andrea Rosenthal Drazin was granted 8,517 LTIP Units (2026 LTI Time) as of January 27, 2026. These derivative units were awarded at a price of $0.0000 per unit and increase her directly beneficially owned LTIP Units to a total of 8,517 after the transaction.

When do the granted LTIP Units at Urban Edge Properties begin vesting?

The LTIP Units begin vesting on January 27, 2027, one year after the grant date. They vest ratably over three years, and vesting is conditioned on the executive’s continued employment through each vesting date under the company’s long-term incentive structure.

How can the LTIP Units granted by Urban Edge (UE) convert into common shares?

Each LTIP Unit may convert into a Common Unit after required tax capital allocations and vesting, at the holder’s election. Each Common Unit can then be converted into one Common Share of Urban Edge Properties, with the conversion rights not having stated expiration dates.

Are the Urban Edge LTIP Units immediately convertible into common shares?

The LTIP Units are generally not convertible without the issuer’s consent until two years from the grant date. After meeting tax allocation and vesting conditions, the holder may elect to convert LTIP Units into Common Units, and then into one Common Share per Common Unit.

What ownership does the Urban Edge CAO report after this LTIP Unit grant?

After the January 27, 2026 grant, Andrea Rosenthal Drazin reports beneficial ownership of 8,517 derivative LTIP Units. These units are held directly and represent her interest in the 2026 long-term incentive award under Urban Edge Properties’ 2024 Omnibus Share Plan.