Urban Edge director granted 7,138 deferred units

GRAPSTEIN STEVEN H reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 7,138 shares

Grant/Award 1 txn

Insider GRAPSTEIN STEVEN H

Role Director

Type	Security	Shares	Price	Value
Grant/Award	2026 Deferred Stock Units	7,138	$0.00	$0.00

Holdings After Transaction: 2026 Deferred Stock Units — 7,138 contracts (Direct)

Footnotes (2)

1. F1. 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.
2. F2. 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.

2024 Omnibus Share Plan financial

"These Deferred Stock Units ("DSUs") of Urban Edge Properties were issued under the Urban Edge Properties 2024 Omnibus Share Plan."

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.

How and when will the Urban Edge (UE) common shares underlying the DSUs be delivered?

The common shares underlying the Deferred Stock Units will be delivered in five equal installments. Delivery begins on the first business day of the year immediately following the year in which Steven H. Grapstein ceases serving as a member of the Board of Trustees.

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.

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Accepted by SEC EDGAR 05/08/2026 - 05:23 PM Learn about SEC filing dates

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^*

GRAPSTEIN STEVEN H

(Last) (First) (Middle)

C/O URBAN EDGE PROPERTIES

12 EAST 49TH STREET, 44TH FLOOR

(Street)

NEW YORK NEW YORK 10017

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Urban Edge Properties [ UE ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/06/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

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
2026 Deferred Stock Units(1)	(1)	05/06/2026		A		7,138		(2)	(2)	Common Shares	7,138	$0(1)	7,138	D

Explanation of Responses:

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.

2. 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.

Remarks:

	/s/ Heather Ohlberg under POA	05/08/2026
	** 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.
* Form 4: SEC 1474 (03-26)