UDR CFO David Bragg Withholds 2,134 Shares for Taxes

What Happened

• David D. Bragg, Chief Financial Officer of UDR, had 2,134 restricted shares withheld to satisfy his tax withholding obligation upon vesting. The shares were deemed disposed at $39.48 per share for a total value of approximately $84,250. This is a routine tax-withholding disposition rather than an open-market sale.

Key Details

• Transaction date and price: July 23, 2026 — 2,134 shares at $39.48 per share (total ≈ $84,250).
• Shares owned after transaction: Not specified in the provided filing.
• Footnote: The withheld shares represent tax withholding on vested restricted stock; the deemed disposition is exempt under Rule 16b-3(e).
• Filing timeliness: Report filed July 24, 2026 (covers 7/23/2026 transaction), which appears to be a timely Form 4 filing.

Context

• This was a tax-withholding action on vested restricted stock (not an open-market sale), a common administrative step and not necessarily indicative of insider sentiment.
• Such withholding transactions are treated as exempt under Rule 16b-3(e) and typically don’t reflect discretionary selling by the insider.