BAGLIVO MARY 4
Research Summary
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Urban Edge Director Mary Baglivo Receives 6,527 DSUs
What Happened Mary Baglivo, a director of Urban Edge Properties (UE), was granted 6,527 Deferred Stock Units (DSUs) on May 6, 2026 under the Urban Edge 2024 Omnibus Share Plan. The Form 4 reports an award (derivative acquisition) of 6,527 units at $0.00 (no cash paid or immediate share transfer). This is a compensation award to a board member, not an open‑market purchase or sale.
Key Details
- Transaction date: 2026-05-06; Form 4 filed: 2026-05-08 (appears timely).
- Transaction type/code: Award/Grant (A) of 6,527 DSUs; reported price $0.00; reported value $0.
- Shares/ownership after transaction: Beneficial ownership after this grant is not specified in this filing.
- Footnotes: F1 — DSUs issued under the 2024 Omnibus Share Plan and entitle the holder to an equivalent number of common shares without payment. F2 — DSUs vest on May 6, 2027, subject to continued board service; underlying shares are deliverable beginning the first business day of the year following the director’s cessation of board service.
Context Deferred Stock Units are a form of equity compensation that promise future delivery of shares (or equivalent value) rather than immediate stock ownership. Such grants are commonly used for director compensation and do not by themselves indicate insider buying or selling sentiment — value is realized only when/if the DSUs convert to shares per the vesting and delivery rules.