Urban Edge (NYSE: UE) awards 6,490 LTIP units to board member

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Urban Edge Properties director Douglas William Sesler received a grant of 6,490 2026 LTIP Units as compensation. The award was made on May 6, 2026 at a grant price of $0.00 per unit and leaves him holding 6,490 LTIP Units after the transaction.

These LTIP Units were issued under the Urban Edge Properties 2024 Omnibus Share Plan and can convert, after vesting and certain events, into an equivalent number of Common Partnership Units. Those units are redeemable for cash or, at the company’s election, one-for-one Urban Edge common shares. The LTIP Units vest on May 6, 2027 if Sesler continues serving on the Board of Trustees through that date.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Sesler Douglas William

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)

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Key Figures

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

5 metrics

LTIP Units granted 6,490 units Grant of 2026 LTIP Units on May 6, 2026

Grant price per LTIP Unit $0.00 per unit Compensation award, not an open-market purchase

Underlying common shares 6,490 shares Each LTIP Unit tied to one Urban Edge common share

Post-transaction LTIP holdings 6,490 units Total LTIP Units held after this award

Vesting date May 6, 2027 LTIP Units vest subject to continued Board service

Key Terms

LTIP Units, Urban Edge Properties 2024 Omnibus Share Plan, Common Partnership Units, Common Shares, +1 more

5 terms

LTIP Units financial

"These LTIP Units ("LTIP Units") of Urban Edge Properties LP ("UELP")"

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.

Common Partnership Units financial

"convertible by the holder into an equivalent number of Common Partnership Units of UELP"

Common Shares financial

"for cash or, at UE's election, common shares, par value $0.01 ("Common 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.

redeemable financial

"Common Units are redeemable by the holder for cash or, at UE's election, common shares"

Form 4 Insider Transactions: What Each Field Means →

05/08/2026 - 05:25 PM

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^*

Sesler Douglas William

(Last)

(First)

(Middle)

C/O URBAN EDGE PROPERTIES

12 EAST 49TH STREET, 44TH FLOOR

(Street)

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
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)

Source: View Original Filing on SEC EDGAR

FAQ

What did Urban Edge Properties (UE) director Douglas Sesler report on this Form 4?

Douglas William Sesler reported receiving a grant of 6,490 2026 LTIP Units. These derivative units were awarded at a price of $0.00 per unit and represent compensation rather than an open-market stock purchase or sale.

How many LTIP Units did the Urban Edge (UE) director receive and what do they represent?

He received 6,490 2026 LTIP Units, each tied to one underlying common share. After certain events and vesting, these LTIP Units can convert into 6,490 Common Partnership Units, which are redeemable for cash or Urban Edge common shares on a one-for-one basis.

When do Douglas Sesler’s 6,490 Urban Edge (UE) LTIP Units vest?

The 6,490 LTIP Units vest on May 6, 2027. Vesting is contingent on Sesler continuing to serve on Urban Edge Properties’ Board of Trustees through that date, aligning the award with ongoing board service.

Are the 6,490 Urban Edge (UE) LTIP Units an open-market stock purchase or sale?

No, the 6,490 LTIP Units are a grant classified as a derivative award acquisition. The transaction code is “A,” indicating a grant or award, with no cash paid per unit and no open-market buying or selling of common shares involved.

How can these Urban Edge (UE) LTIP Units ultimately turn into common shares?

After vesting and certain events, the LTIP Units convert into Common Partnership Units of Urban Edge Properties LP. Those units are redeemable for cash or, at Urban Edge’s election, an equivalent number of common shares or their cash value.