Drazin Andrea Rosenthal 4
Research Summary
AI-generated summary
Urban Edge (UE) Chief Accounting Officer Andrea Drazin Sells 742 Shares
What Happened
- Andrea Rosenthal Drazin, Chief Accounting Officer of Urban Edge Properties, disposed of 742 common shares on 2026-02-02 at $19.53 per share for a reported total of $14,491. The shares were surrendered to the company to satisfy withholding taxes related to vested restricted stock under the Urban Edge 2024 Omnibus Share Plan. This is a tax-withholding disposition (code F), not an open-market sale.
Key Details
- Transaction date: 2026-02-02
- Price per share: $19.53; Total reported value: $14,491
- Transaction code: F (shares disposed to issuer to satisfy tax withholding)
- Footnote F1: Shares disposed to the issuer to satisfy withholding taxes on vested restricted stock under the 2024 Omnibus Share Plan.
- Footnote F2: Total includes common shares purchased, if any, through the issuer’s ESPP and dividend reinvestment plan.
- Shares owned after the transaction: Not specified in the provided excerpt of the filing.
- Filing date: 2026-02-04 for a 2026-02-02 transaction (filed within the typical 2-business-day Form 4 window; no late filing indicated).
Context
- This was a routine, non-market disposition to cover tax withholding on vesting restricted stock (a common practice when awards vest). Such transactions typically reflect tax obligations rather than a signal of confidence or concern about the company’s prospects.