Mooallem Jeffrey 4

What Happened Jeffrey Mooallem, Chief Operating Officer of Urban Edge Properties, was awarded 64,720 LTIP Units (reported as a derivative acquisition) on March 12, 2026 at a reported price of $0.00. The award is part of the company's long-term incentive plan and has no immediate cash value; LTIP Units can be converted, at the holder's election, into Common Partnership Units and then into Common Shares of Urban Edge Properties, with conversion rights that do not expire.

Key Details

• Transaction date: March 12, 2026; Form 4 filed March 16, 2026 (filed timely).
• Transaction type: A (Grant/Award) — derivative LTIP Units, not an open-market purchase or sale.
• Quantity and price: 64,720 LTIP Units at $0.00 (no cash paid).
• Vesting: 50% immediately vested; remaining 25% vest on Feb 9, 2027 and 25% on Feb 9, 2028, subject to continued employment.
• Conversion mechanics: Each LTIP Unit may be converted into a Common Partnership Unit, which may then be converted into one Common Share; conversion elections have no expiration.
• Prior reporting: 15,311 of these LTIP Units were previously reported as earned in a 2023 filing and are included in this award.
• Shares owned after transaction: Not specified in the filing.

Context: This is a standard compensation award (long-term incentive) rather than a market purchase or sale. Such grants reflect equity-based pay and vesting schedules and do not necessarily indicate the insider's view of near-term stock performance.