Urban Edge (UE) Chief Accounting Officer Andrea Drazin Sells 1,361 Shares

What Happened Andrea Drazin, Chief Accounting Officer of Urban Edge Properties (UE), had a total of 1,361 common shares disposed to the issuer to satisfy tax withholding tied to vesting restricted stock. On 2026-02-09, 696 shares were withheld at $20.89 each (≈ $14,543). On 2026-02-10, 665 shares were withheld at $21.07 each (≈ $14,015). These were not open-market sales but shares surrendered to cover withholding taxes.

Key Details

• Transaction dates and prices:
  • 2026-02-09: 696 shares @ $20.89 = $14,543 (withheld)
  • 2026-02-10: 665 shares @ $21.07 = $14,015 (withheld)
• Total shares withheld: 1,361; total value ≈ $28,558.
• Footnote F1: Shares were disposed to the issuer to satisfy withholding taxes on vesting "Restricted Stock" under the Urban Edge Properties 2015 Omnibus Share Plan.
• Footnote F2: Totals may include shares purchased through the issuer's employee stock purchase plan and dividend reinvestment plan, if any.
• Filing: Report filed 2026-02-11 covering the Feb 9–10 transactions; this appears timely (filed within the typical 2-business-day Form 4 window).
• Shares owned after the transaction: not specified in the provided excerpt of the filing.

Context

• This was a tax-withholding disposition (transaction code F), a routine administrative action when restricted stock vests; it does not necessarily indicate a vote of confidence or negative view by the insider.
• For retail investors, purchases or open-market sales by insiders tend to be more informative of sentiment than withholding disposals.