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Urban Edge Properties (NYSE: UE) officer uses shares to cover taxes

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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.

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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)
  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.
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*
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)
02/09/2026
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
Common Shares 02/09/2026 F 696(1) D $20.895 16,554(2) D
Common Shares 02/10/2026 F 665(1) D $21.075 15,889(2) D
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
Explanation of Responses:
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.
2. Total includes Common Shares purchased, if any, through the Issuer's employee stock purchase plan and dividend reinvestment plan.
/s/ Heather Ohlberg under POA 02/11/2026
** 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 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.

How many Urban Edge Properties (UE) shares were used for tax withholding?

The filing shows two tax-withholding dispositions: 696 Common Shares on February 9, 2026 at $20.895 per share, and 665 Common Shares on February 10, 2026 at $21.075 per share, all delivered back to Urban Edge Properties rather than sold in the open market.

Does the Urban Edge Properties (UE) officer still hold shares after these transactions?

Yes. After the February 10, 2026 tax-withholding disposition, Chief Accounting Officer Andrea Rosenthal Drazin directly owned 15,889 Urban Edge Properties Common Shares, which includes any shares acquired through the company’s employee stock purchase and dividend reinvestment plans.

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.