Mooallem Jeffrey 4
4 · Urban Edge Properties · Filed Jan 29, 2026
Research Summary
AI-generated summary of this filing
Urban Edge (UE) COO Jeffrey Mooallem Receives Award of 84,897 LTIP Units
What Happened
Jeffrey Mooallem, Chief Operating Officer of Urban Edge Properties (UE), received three grants of LTIP units totaling 84,897 units (29,583 + 16,984 + 38,330) on January 27, 2026. Each award shows an acquisition price of $0.00 because these are equity compensation grants (derivative awards), not cash purchases or sales.
Key Details
- Transaction date: 2026-01-27; Form 4 filed 2026-01-29 (appears timely).
- Type: Award/Grant (Form 4 code A); reported as derivative securities (LTIP Units).
- Number of units granted: 84,897 total. Reported acquisition value: $0.00 (grant).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Relevant footnotes:
- Part of the award resulted from an elective program where Mr. Mooallem forgave part of his 2025 cash bonus and received LTIP Units equal to the forgone cash plus a 20% issuer match; these units vest ratably over three years with initial vesting on Jan 27, 2027. (F1, F5)
- Some LTIP Units were granted under the 2026 LTI Plan and include both time-based and performance-based components. Performance-based units have a measurement period ending Jan 26, 2029 and vesting scheduled as described in the filing (50% after determination following the Measurement Period, then 25% on Jan 27, 2030 and 25% on Jan 27, 2031). The reported number is the maximum that may be earned based on total return to shareholders. (F3, F4)
- LTIP Units may be converted (subject to tax allocation and vesting conditions) into Common Units and then into Common Shares; generally not convertible without issuer consent until two years after grant. (F2)
Context
These are compensatory equity awards (not open-market buys or sells). Such grants are routine for executives and are intended for retention and to align pay with company performance; they do not by themselves indicate immediate buying or selling sentiment. The awards are subject to multi-year vesting and, for a portion, performance conditions — meaning the ultimate number of shares delivered and timing depend on continued employment and performance outcomes.
Insider Transaction Report
Form 4
Mooallem Jeffrey
Chief Operating Officer
Transactions
- Award
2025 LTIP Units
[F1][F2]2026-01-27+29,583→ 29,583 total→ Common Shares (29,583 underlying) - Award
LTIP Units (2026 LTI Perf.)
[F3][F2][F4]2026-01-27+16,984→ 16,984 total→ Common Shares (16,984 underlying) - Award
LTIP Units (2026 LTI Time)
[F3][F2][F5]2026-01-27+38,330→ 38,330 total→ Common Shares (38,330 underlying)
Footnotes (5)
- [F1]Represents LTIP Units in Urban Edge Properties LP granted pursuant to an elective program for the management team under which Mr. Mooallem elected to forgo a portion of his 2025 cash bonus and receive equity with a grant date fair value equal to the cash forgone plus a 20% match by the Issuer. The LTIPs shown represent both the portion of the forgone bonus plus the match, all of which vest ratably over three years, subject to continued employment through each vesting date, with the initial vesting occurring on January 27, 2027.
- [F2]Conditioned upon minimum allocations to the capital accounts of the LTIP Units for federal income tax purposes and vesting, each LTIP Unit may be converted, at the election of the holder, into a Common Unit. Each Common Unit acquired upon conversion of an LTIP Unit may be converted into one Common Share of Urban Edge Properties (the "Issuer"). LTIP Units are generally not convertible without the consent of the Issuer until two years from the date of the grant. The right to convert LTIP Units into Common Units and to convert Common Units into Common Shares do not have expiration dates.
- [F3]Represents LTIP Units in Urban Edge Properties LP granted pursuant to the Urban Edge Properties 2026 long-term incentive plan (the "2026 LTI Plan") under the Urban Edge Properties 2024 Omnibus Share Plan. The 2026 LTI Plan is comprised of LTIP Units that vest solely based on time, which we refer to as "2026 LTI Time" in Table II and those that vest and are earned subject to both time and performanced hurdles, which we refer to as "2026 LTI Perf." in Table II.
- [F4]The LTIP Units are scheduled to vest as follows: 50% as soon as practicable following the determination of the units earned upon completion of the three year performance measurement period ending January 26, 2029 (the "Measurement Period") and 25% on each of January 27, 2030 and January 27, 2031, subject to continued employment through such dates and the achievement of certain performance based criteria based on the Issuer's total return to shareholders during the Measurement Period. The number of LTIP Units reported represents the maximum number of LTIP Units that may be earned based on the Issuer's total return to shareholders during the Measurement Period. Excludes 50,948 LTIP units granted under the 2026 LTI Plan the earning of which is subject to conditions that are not tied solely to the market price of an equity security of the Issuer.
- [F5]The LTIP Units vest ratably over three years, subject to continued employment through each vesting date, with the initial vesting occurring on January 27, 2027.
Signature
/s/ Heather Ohlberg under POA|2026-01-29