TOOMEY THOMAS W 4
4 · UDR, Inc. · Filed Jun 8, 2026
Research Summary
AI-generated summary of this filing
UDR CEO Thomas Toomey Sells 80,000 Shares
What Happened
Thomas W. Toomey — Chairman, President & CEO and director of UDR, Inc. (UDR) — sold 80,000 shares in an open-market sale on June 5, 2026. The filing reports a weighted average price of $39.25 per share, for aggregate proceeds of $3,140,008. This transaction is a sale (not a purchase); sales by insiders can be routine and do not by themselves indicate company prospects.
Key Details
- Transaction date: 2026-06-05 (filed on Form 4: 2026-06-08). Filing appears timely.
- Transaction type/code: Open-market sale (S).
- Shares sold: 80,000; weighted average price reported: $39.25/share; total proceeds: $3,140,008.
- Price range (footnote): Shares were sold in multiple trades at prices from $38.9701 to $39.41; the $39.25 figure is a weighted average. The filer offers to provide a breakdown of trades/prices upon request.
- Shares owned after the transaction: Not specified in the excerpt—see the full Form 4 for post-transaction holdings.
- No 10b5-1 plan, tax-withholding, or other special conditions are disclosed in the provided excerpt.
Context
Insider sales are common for liquidity or diversification reasons; they are factual records of trading rather than statements about company fundamentals. Retail investors wanting to assess insider sentiment should check patterns over time (repeated purchases vs. sales) and review the full Form 4 for complete holdings and any additional notes.
Insider Transaction Report
- Sale
Common Stock
[F1]2026-06-05$39.25/sh−80,000$3,140,008→ 810,455 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $38.9701 to $39.41, inclusive. The reporting person undertakes to provide to UDR, Inc.,any security holder of UDR, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.