Form 4: Urban Edge Properties Director Receives Stock Units
Statement of Changes in Beneficial Ownership
Director Steven H. Grapstein was granted 7,138 deferred stock units under the Urban Edge Properties 2024 Omnibus Share Plan.
Summary
- Director Steven H. Grapstein acquired 7,138 Deferred Stock Units (DSUs) on May 6, 2026.
- The DSUs were issued under the Urban Edge Properties 2024 Omnibus Share Plan.
- The units represent a right to receive common shares at a future date with no immediate cash consideration paid.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a routine regulatory disclosure regarding director compensation with no material impact on company operations or financial health.
Positives
- Alignment of director interests with long-term shareholder value through equity-based compensation.
Negatives
- None identified.
Risks
- Vesting is contingent upon the reporting person continuing to serve on the Board of Trustees until May 6, 2027.
Future Outlook
The common stock underlying the DSUs will be deliverable in five equal annual installments beginning on the first business day of the year following the director's departure from the Board.
Industry Context
StockSavvy.ai notes that equity-based compensation for board members is a standard corporate governance practice in the REIT sector to ensure long-term alignment with shareholder interests.
Comparison to Industry Standards
- The grant of deferred stock units is consistent with standard compensation packages for non-employee directors in the real estate investment trust (REIT) industry.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Equity Compensation | Issuance of 7,138 DSUs to a director under the 2024 Omnibus Share Plan. | 05/06/2026 | Standard alignment of director compensation with company performance. |
Stakeholder Impact
- Minimal impact on shareholders as this is a standard equity grant to a board member.
Next Steps
- Vesting of the 7,138 DSUs on May 6, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/06/2026 | Date of transaction and grant of deferred stock units. |
| 05/06/2027 | Vesting date for the granted deferred stock units. |
| 05/08/2026 | Date of filing. |
Keywords
Urban Edge Properties, UE, Form 4, Insider Trading, Director Compensation, Deferred Stock Units
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