Form 4: Urban Edge Properties Director Acquires 7,692 LTIP Units

Mary Baglivo, a director of Urban Edge Properties, acquired 7,692 LTIP units under the company's 2024 Omnibus Share Plan.

Summary

• On May 7, 2025, Mary Baglivo, a director of Urban Edge Properties, acquired 7,692 LTIP Units.
• The LTIP Units were issued under the Urban Edge Properties 2024 Omnibus Share Plan.
• These LTIP Units, a class of units of UELP, are convertible into Common Partnership Units of UELP upon certain events and vesting.
• Common Units are redeemable for cash or, at UE's election, common shares on a one-for-one basis.
• The LTIP Units vest on April 24, 2026, contingent upon continued service on UE's Board of Trustees.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects a director's increased stake in the company through LTIP units, indicating confidence in the company's performance.

Positives

• The acquisition of LTIP units by a director signals confidence in the company's future performance.

Future Outlook

The vesting of the LTIP units is contingent upon the reporting person continuing to serve on UE's Board of Trustees until April 24, 2026.

Industry Context

This filing is a routine disclosure of a director's acquisition of LTIP units, which are a common form of equity compensation in the real estate industry.

Stakeholder Impact

• The acquisition of LTIP units by a director can positively influence shareholder sentiment.

Key Dates

Keywords

LTIP Units, Urban Edge Properties, Director, Beneficial Ownership, Form 4, UELP, Mary Baglivo, Omnibus Share Plan