Urban Edge (NYSE: UE) director receives 6,490 LTIP units vesting in 2027

Rhea-AI Filing Summary

Sandstrom Katherine M reported acquisition or exercise transactions in this Form 4 filing.

Urban Edge Properties director Katherine M. Sandstrom reported receiving a grant of 6,490 2026 LTIP Units of Urban Edge Properties LP under the Urban Edge Properties 2024 Omnibus Share Plan. These LTIP Units vest on May 6, 2027, if she continues serving on the Board of Trustees until that date.

After vesting and certain events, the LTIP Units are convertible into an equivalent number of Common Partnership Units, which are redeemable for cash or, at Urban Edge’s election, common shares on a one-for-one basis. Following this grant, she holds 6,490 LTIP Units directly.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sandstrom Katherine M

Role null

Type	Security	Shares	Price	Value
Grant/Award	2026 LTIP Units	6,490	$0.00	--

Holdings After Transaction: 2026 LTIP Units — 6,490 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

LTIP Units granted: 6,490 units Grant price: $0.00 per unit Underlying common share equivalent: 6,490 shares +2 more

5 metrics

LTIP Units granted 6,490 units 2026 LTIP Units granted to director on May 6, 2026

Grant price $0.00 per unit Reported transaction price per LTIP Unit

Underlying common share equivalent 6,490 shares Underlying Common Shares on a one-for-one basis via Common Units

Vesting date May 6, 2027 LTIP Units vest if board service continues until this date

Holdings after grant 6,490 LTIP Units Total 2026 LTIP Units directly held following the transaction

Key Terms

LTIP Units, Urban Edge Properties 2024 Omnibus Share Plan, Common Partnership Units, Common Shares

4 terms

LTIP Units financial

"These LTIP Units ("LTIP Units") of Urban Edge Properties LP ("UELP"), the operating partnership of Urban Edge Properties ("UE"), were issued under the Urban Edge Properties 2024 Omnibus Share Plan."

LTIP units are awards given to executives and employees as part of a long-term incentive plan; they act like deferred bonuses that convert into company shares or cash only if the business meets set performance or time requirements. Investors care because LTIP units tie management pay to future results, can increase the number of outstanding shares (dilution) when they vest, and create ongoing compensation expense that can affect earnings and shareholder value.

Urban Edge Properties 2024 Omnibus Share Plan financial

"LTIP Units ... were issued under the Urban Edge Properties 2024 Omnibus Share Plan."

Common Partnership Units financial

"LTIP Units are a class of units of UELP that, following the occurrence of certain events and upon vesting, are convertible by the holder into an equivalent number of Common Partnership Units of UELP ("Common Units")."

Common Shares financial

"Common Units are redeemable by the holder for cash or, at UE's election, common shares, par value $0.01 ("Common Shares") of UE on a one-for-one basis or the cash value of such shares."

Common shares are the basic units of ownership in a company that give holders a claim on profits and a right to vote on key matters, like electing the board. Think of them as membership cards in a club: they let you share in successes and losses, but in a bankruptcy or liquidation they are paid after creditors and preferred shareholders, so their value can swing more and matters for assessing risk and potential return.

Form 4 Insider Transactions: What Each Field Means →

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^*

Sandstrom Katherine M

(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 LTIP Units(1)	(1)	05/06/2026		A		6,490		(1)	(1)	Common Shares	6,490	$0(1)	6,490	D

Explanation of Responses:

1. These LTIP Units ("LTIP Units") of Urban Edge Properties LP ("UELP"), the operating partnership of Urban Edge Properties ("UE"), were issued under the Urban Edge Properties 2024 Omnibus Share Plan. LTIP Units are a class of units of UELP that, following the occurrence of certain events and upon vesting, are convertible by the holder into an equivalent number of Common Partnership Units of UELP ("Common Units"). Common Units are redeemable by the holder for cash or, at UE's election, common shares, par value $0.01 ("Common Shares") of UE on a one-for-one basis or the cash value of such shares. These LTIP Units vest on May 6, 2027 subject to the reporting person continuing to serve on UE's Board of Trustees until such date. Common Units are redeemable by the holder for cash or, at UE's election, Common Shares of UE on a one-for-one basis or the cash value of such shares.

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)

FAQ

What did Urban Edge (UE) director Katherine M. Sandstrom report on this Form 4?

Katherine M. Sandstrom reported receiving a grant of 6,490 2026 LTIP Units of Urban Edge Properties LP. The award is compensation-related, carries a grant price of $0.00 per unit, and increases her direct holdings of these LTIP Units to 6,490.

When do Katherine M. Sandstrom’s 6,490 LTIP Units in Urban Edge (UE) vest?

The 6,490 LTIP Units granted to Katherine M. Sandstrom vest on May 6, 2027. Vesting is conditioned on her continuing to serve on Urban Edge Properties’ Board of Trustees through that date, aligning the award with ongoing board service over the vesting period.

How can the LTIP Units reported for Urban Edge (UE) ultimately turn into common shares?

After vesting and certain events, the LTIP Units convert into an equivalent number of Common Partnership Units. Those units are redeemable for cash or, at Urban Edge’s election, for Common Shares on a one-for-one basis, or the cash value of such shares.

How many Urban Edge (UE) LTIP Units does Katherine M. Sandstrom hold after this grant?

Following this Form 4 transaction, Katherine M. Sandstrom holds 6,490 2026 LTIP Units directly. These units all relate to underlying Common Shares of Urban Edge Properties on a one-for-one basis once converted through Common Partnership Units and subsequently redeemed.

Is the Urban Edge (UE) Form 4 transaction an open-market trade or a compensation grant?

The Form 4 records a grant or award acquisition of 6,490 2026 LTIP Units, coded “A,” at a price of $0.00 per unit. It reflects a compensation-related equity award, not an open-market purchase or sale of Urban Edge Properties common shares.