Mooallem Jeffrey 4
4 · Urban Edge Properties · Filed Mar 16, 2026
Research Summary
AI-generated summary of this filing
Urban Edge (UE) COO Jeffrey Mooallem Receives 64,720 LTIP Units
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.
Insider Transaction Report
- Award
LTIP Units (2023 LTI Perf.)
[F1][F2][F3]2026-03-12+64,720→ 64,720 total→ Common Shares (64,720 underlying)
Footnotes (3)
- [F1]Represents LTIP Units granted pursuant to the issuer's 2015 Omnibus Share Plan that have been earned following the achievement of certain performance metrics over the three-year period ending February 9, 2026, as determined by the compensation committee of the issuer on March 12, 2026. Conditioned upon minimum allocations to the absolute and capital accounts of the LTIP Units for federal income tax purposes and vesting, each LTIP Unit may be converted, at the election of the holder, into a Common Partnership Unit (a "Common Unit") in Urban Edge Properties LP. Each Common Unit acquired upon conversion of an LTIP Unit may be converted into one Common Share of the issuer. The right to convert LTIP Units into Common Units and to convert Common Units into Common Shares do not have expiration dates.
- [F2]50% of the LTIP Units are immediately vested and 25% will vest on each of February 9, 2027 and February 9, 2028, respectively, subject to continued employment through such dates.
- [F3]Includes 15,311 of the LTIP Units (2023 LTI Perf.) that were previously reported on a Form 4 filed by the Reporting Person with the Securities and Exchange Commission on February 14, 2023, which were also determined to be earned.