Urban Edge Properties (NYSE: UE) officer uses shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Urban Edge Properties Chief Accounting Officer Andrea Rosenthal Drazin reported tax-related share dispositions. On February 9, 2026, she disposed of 696 Common Shares at $20.895 per share to the company to cover withholding taxes on vested restricted stock. On February 10, 2026, she disposed of a further 665 Common Shares at $21.075 per share for the same purpose, and directly owned 15,889 Common Shares afterward.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Drazin Andrea Rosenthal
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 665 | $21.075 | $14K |
| Tax Withholding | Common Shares | 696 | $20.895 | $15K |
Holdings After Transaction:
Common Shares — 15,889 shares (Direct)
Footnotes (1)
- Represents common shares of beneficial interest, par value $0.01 ("Common Shares") of Urban Edge Properties (the "Issuer") disposed to the Issuer to satisfy withholding taxes related to vesting "Restricted Stock" issued under the terms of the Urban Edge Properties 2015 Omnibus Share Plan. Total includes Common Shares purchased, if any, through the Issuer's employee stock purchase plan and dividend reinvestment plan.
FAQ
What insider transaction did Urban Edge Properties (UE) disclose in this Form 4?
Urban Edge Properties reported that Chief Accounting Officer Andrea Rosenthal Drazin disposed of Common Shares to the company to cover tax withholding on vested restricted stock awards, using share deliveries instead of cash to satisfy the tax liability.
Were the Urban Edge Properties (UE) insider transactions open-market sales?
No. The Form 4 describes the transactions with code “F,” meaning shares were delivered to Urban Edge Properties to pay tax withholding on restricted stock vesting, rather than being sold to third parties in regular open-market transactions.
What plan governed the Urban Edge Properties (UE) restricted stock in this Form 4?
The restricted stock that vested and triggered the tax-withholding share deliveries was issued under the Urban Edge Properties 2015 Omnibus Share Plan, which authorizes equity awards such as restricted stock to company employees and officers.