Form 4: Urban Edge Properties: Officer Drazin Reports Share Disposals for Tax Obligations

Andrea Rosenthal Drazin, Chief Accounting Officer of Urban Edge Properties, reports disposing of shares to cover withholding taxes related to vesting restricted stock.

Summary

• On February 10, 2025, Andrea Rosenthal Drazin, Chief Accounting Officer of Urban Edge Properties, disposed of 1,364 common shares at $20.55 to satisfy withholding taxes related to vesting restricted stock.
• Following this transaction, Drazin directly owns 18,311 common shares.
• On February 11, 2025, Drazin disposed of 319 common shares at $20.55 for the same reason.
• After the second transaction, Drazin directly owns 17,992 common shares, including shares purchased through the employee stock purchase plan and dividend reinvestment plan.

Sentiment

Score: 5

Explanation: This is a neutral filing related to standard executive compensation practices and doesn't indicate positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and tax obligations, common in publicly traded companies. It doesn't necessarily reflect a change in the company's overall financial health or strategic direction.

Stakeholder Impact

• The disposal of shares by an officer may have a minor impact on shareholders due to the slight dilution of equity.

Key Dates

Keywords

Urban Edge Properties, Drazin, Share Disposal, Form 4, Officer, Tax Withholding, Restricted Stock, UE