RICE CATHERINE 4

What Happened Catherine Rice, a director of Urban Edge Properties (UE), was issued 5,710 common shares as a restricted stock award on May 6, 2026. The shares were granted at a reported value/price of $21.89 each, for a total reported value of $124,992. This was an award/grant (transaction code A) under the company's compensation plan, not an open‑market purchase or sale.

Key Details

• Transaction date: May 6, 2026; Filing date: May 8, 2026 (filed within the typical two‑business‑day window).
• Grant: 5,710 common shares at $21.89 per share; total reported value $124,992.
• Ownership after transaction: Not specified in the provided filing.
• Footnote: Shares were issued as "Restricted Stock" under the Urban Edge Properties 2024 Omnibus Share Plan and vest on May 6, 2027, subject to Rice continuing to serve on the Board of Trustees until that date.
• Transaction type: Award/Grant (A) — issuance of restricted shares as compensation.

Context Restricted stock awards are compensation and typically carry transfer/forfeiture restrictions until vesting; they are not immediately tradable. Such grants reflect director compensation policies rather than an open‑market statement of the insider’s view on the stock. Vesting conditions (continued board service through May 6, 2027) are important for whether the shares become freely owned.