Form 4: Urban Edge Properties Chief Accounting Officer Sells Shares

Andrea Rosenthal Drazin, Chief Accounting Officer of Urban Edge Properties, sold 2,260 common shares at a price of $22.361 per share on December 11, 2024.

Summary

• Andrea Rosenthal Drazin, the Chief Accounting Officer of Urban Edge Properties, sold 2,260 common shares of the company.
• The transaction occurred on December 11, 2024.
• The shares were sold at a price of $22.361 per share.
• Following the transaction, Ms. Drazin beneficially owns 13,559 common shares, which includes shares purchased through the employee stock purchase plan and dividend reinvestment plan.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing for an insider transaction, which is neither positive nor negative in itself. It's a neutral event.

Industry Context

This is a routine SEC Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions of company officers.

Comparison to Industry Standards

• Form 4 filings are standard practice for publicly traded companies in the US, ensuring transparency of insider transactions.
• The sale by the Chief Accounting Officer is not unusual and is similar to transactions seen across the industry.

Stakeholder Impact

• The sale of shares by a company officer may be of interest to shareholders, but is not expected to have a significant impact on the company's operations or financial health.

Key Dates

Keywords

Urban Edge Properties, insider trading, share sale, common stock, Andrea Rosenthal Drazin, Chief Accounting Officer, SEC Form 4