Urban Edge CAO granted 8,517 LTIP units
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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.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | LTIP Units (2026 LTI Time) | 8,517 | $0.00 | $0.00 |
Footnotes (3)
- F1. 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.
- F2. 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.
- F3. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Urban Edge Properties (UE) disclose in this Form 4?
How many LTIP Units were granted to Urban Edge’s Chief Accounting Officer?
When do the granted LTIP Units at Urban Edge Properties begin vesting?
What ownership does the Urban Edge CAO report after this LTIP Unit grant?
AI-generated analysis. How Rhea-AI works. Not financial advice.