Director at Urban Edge (NYSE: UE) receives 7,138 DSUs for board service
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GRAPSTEIN STEVEN H reported acquisition or exercise transactions in this Form 4 filing.
Urban Edge Properties director Steven H. Grapstein received a grant of 7,138 2026 Deferred Stock Units. The award was issued under the Urban Edge Properties 2024 Omnibus Share Plan and entitles him to an equivalent number of common shares without paying any cash consideration.
These Deferred Stock Units vest on May 6, 2027, if he continues serving on the Board of Trustees until that date. The underlying common stock is scheduled to be delivered in five equal installments, beginning on the first business day of the year after he ceases serving on the board. Following this grant, he holds 7,138 Deferred Stock Units directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
GRAPSTEIN STEVEN H
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | 2026 Deferred Stock Units | 7,138 | $0.00 | -- |
Holdings After Transaction:
2026 Deferred Stock Units — 7,138 shares (Direct, null)
Footnotes (1)
- These Deferred Stock Units ("DSUs") of Urban Edge Properties (the "Company") were issued under the Urban Edge Properties 2024 Omnibus Share Plan. The DSUs entitle the reporting person to an equivalent number of shares of Common Stock of the Company without the payment of any consideration. These DSUs vest on May 6, 2027 (subject to the reporting person continuing to serve on the Company's Board of Trustees until such date), with the Common Stock underlying the DSUs deliverable in five equal installments beginning on the first business day of the year immediately following the year the reporting person ceases to serve as a member of the Company's Board of Trustees.
Key Figures
Deferred Stock Units granted: 7,138 units
Shares deliverable: 7,138 common shares
Vesting date: May 6, 2027
+2 more
5 metrics
Deferred Stock Units granted
7,138 units
2026 Deferred Stock Units granted to director on May 6, 2026
Shares deliverable
7,138 common shares
Each DSU entitles the holder to one common share
Vesting date
May 6, 2027
DSUs vest if board service continues through this date
Installments
5 equal installments
Common stock delivered after board service ends
Price per unit
$0.00
No cash consideration payable for DSUs
Key Terms
Deferred Stock Units, 2024 Omnibus Share Plan, vest, Common Stock, +1 more
5 terms
Deferred Stock Units financial
"These Deferred Stock Units ("DSUs") of Urban Edge Properties were issued under the Urban Edge Properties 2024 Omnibus Share Plan."
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
vest financial
"These DSUs vest on May 6, 2027 (subject to the reporting person continuing to serve on the Company's Board of Trustees until such date)."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
Common Stock financial
"The DSUs entitle the reporting person to an equivalent number of shares of Common Stock of the Company without the payment of any consideration."
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Board of Trustees financial
"These DSUs vest on May 6, 2027, subject to continuing to serve on the Company's Board of Trustees until such date."
A board of trustees is a group of individuals responsible for overseeing and guiding the management of an organization, such as a nonprofit, university, or charity. They act like a steering committee, making important decisions to ensure the organization stays true to its mission and remains financially healthy. For investors, the board’s effectiveness can influence the organization’s stability and long-term success.
FAQ
What insider transaction did Urban Edge Properties (UE) report for Steven H. Grapstein?
Urban Edge Properties reported that director Steven H. Grapstein received a grant of 7,138 2026 Deferred Stock Units. These units were awarded as compensation under the company’s 2024 Omnibus Share Plan and represent a right to receive an equivalent number of common shares.
How many Deferred Stock Units were granted to the Urban Edge (UE) director?
Steven H. Grapstein was granted 7,138 2026 Deferred Stock Units. Each Deferred Stock Unit entitles him to one share of Urban Edge Properties common stock, with no cash payment required when the shares are ultimately delivered, subject to vesting conditions.
When do Steven H. Grapstein’s Urban Edge (UE) Deferred Stock Units vest?
The 7,138 Deferred Stock Units vest on May 6, 2027. Vesting is conditional on Grapstein continuing to serve on Urban Edge Properties’ Board of Trustees through that date, aligning the award with ongoing board service and long-term company oversight.
Does Steven H. Grapstein pay any cash consideration for the Urban Edge (UE) Deferred Stock Units?
No cash consideration is required for these Deferred Stock Units. The Form 4 notes that the DSUs entitle the reporting person to an equivalent number of Urban Edge Properties common shares without payment, reflecting a non-cash equity compensation grant for board service.
What is Steven H. Grapstein’s Deferred Stock Unit balance after this Urban Edge (UE) grant?
After the reported grant, Steven H. Grapstein directly holds 7,138 Deferred Stock Units. This total reflects the 2026 series DSUs covered by the filing, each of which corresponds to one share of Urban Edge Properties common stock, subject to vesting and delivery terms.