Urban Edge (NYSE: UE) CAO withholds 742 shares to cover taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Urban Edge Properties Chief Accounting Officer Andrea Rosenthal reported a routine tax-related share withholding. On 02/02/2026, 742 Common Shares were disposed back to the company at $19.53 per share to cover withholding taxes tied to vesting restricted stock under the 2024 Omnibus Share Plan.
After this transaction, Rosenthal beneficially owned 17,250 Common Shares, which may include shares acquired through the employee stock purchase plan and dividend reinvestment plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Drazin Andrea Rosenthal
Role
Chief Accounting Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Shares | 742 | $19.53 | $14K |
Holdings After Transaction:
Common Shares — 17,250 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 2024 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 UE Chief Accounting Officer report on this Form 4?
The Chief Accounting Officer reported disposing of 742 Urban Edge Properties Common Shares at $19.53 per share. The shares were surrendered back to the company to satisfy withholding taxes related to vesting restricted stock under the 2024 Omnibus Share Plan.
Was the UE Form 4 transaction an open-market sale by the insider?
No, the 742 Common Shares were not an open-market sale. They were disposed to Urban Edge Properties itself to cover tax withholding on vesting restricted stock granted under the company’s 2024 Omnibus Share Plan, a common administrative transaction.
What does transaction code "F" mean in this UE Form 4 filing?
Transaction code "F" indicates shares were disposed to the issuer to pay tax withholding obligations. In this case, 742 Urban Edge Properties Common Shares were used to satisfy taxes owed upon vesting of restricted stock under the 2024 Omnibus Share Plan.
Is the UE insider’s ownership direct or through another entity?
The Form 4 indicates the 17,250 Common Shares are held with direct ownership. The ownership form is marked "D" for direct, and no footnote states that the shares are held through a separate trust, partnership, or other indirect entity.
What plan was involved in the reported UE restricted stock vesting?
The vesting restricted stock came from the Urban Edge Properties 2024 Omnibus Share Plan. Shares were granted under this plan and, upon vesting, 742 shares were surrendered back to the company to satisfy required tax withholding obligations on the award.