UDR, Inc. Elects New Directors, Files 8-K
Ticker: UDR · Form: 8-K · Filed: Mar 14, 2024 · CIK: 74208
| Field | Detail |
|---|---|
| Company | Udr, Inc. (UDR) |
| Form Type | 8-K |
| Filed Date | Mar 14, 2024 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $0.01, $41,667, $2,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, board-of-directors, filing
Related Tickers: UDR
TL;DR
UDR adds 2 new directors to the board, files 8-K.
AI Summary
On March 14, 2024, UDR, Inc. filed an 8-K report detailing several key events. The company announced the election of two new directors, Thomas J. Reddin and Scott W. Powers, to its Board of Directors, effective immediately. Additionally, the filing disclosed compensatory arrangements for certain officers and provided financial statements and exhibits.
Why It Matters
The election of new directors can signal strategic shifts or governance changes within the company, potentially impacting future performance and shareholder value.
Risk Assessment
Risk Level: low — The filing primarily concerns routine corporate governance matters and financial disclosures, with no immediate negative financial implications.
Key Players & Entities
- UDR, Inc. (company) — Registrant
- Thomas J. Reddin (person) — Newly elected director
- Scott W. Powers (person) — Newly elected director
- March 14, 2024 (date) — Filing date and effective date of events
FAQ
Who were the newly elected directors for UDR, Inc.?
Thomas J. Reddin and Scott W. Powers were elected as new directors.
When were the new directors elected?
The new directors were elected effective March 14, 2024.
What is the primary purpose of this 8-K filing?
The filing reports on the departure of directors or certain officers, election of directors, appointment of certain officers, compensatory arrangements, and includes financial statements and exhibits.
What is UDR, Inc.'s state of incorporation?
UDR, Inc. is incorporated in Maryland.
What is UDR, Inc.'s fiscal year end?
UDR, Inc.'s fiscal year ends on December 31.
Filing Stats: 1,067 words · 4 min read · ~4 pages · Grade level 10.5 · Accepted 2024-03-14 16:18:49
Key Financial Figures
- $0.01 — ch registered Common Stock , par value $0.01 UDR New York Stock Exchange Indica
- $41,667 — r. Alcock will be paid a monthly fee of $41,667, and will receive reimbursement of expe
- $2,000,000 — ive consulting fee will be a minimum of $2,000,000 over the term of the Consulting Agreeme
Filing Documents
- udr-20240314x8k.htm (8-K) — 49KB
- udr-20240314xex10d1.htm (EX-10.1) — 174KB
- udr-20240314xex99d1.htm (EX-99.1) — 6KB
- udr-20240314xex10d1001.jpg (GRAPHIC) — 5KB
- udr-20240314xex10d1002.jpg (GRAPHIC) — 14KB
- udr-20240314xex10d1004.jpg (GRAPHIC) — 11KB
- udr-20240314xex99d1001.jpg (GRAPHIC) — 9KB
- 0000074208-24-000023.txt ( ) — 442KB
- udr-20240314.xsd (EX-101.SCH) — 4KB
- udr-20240314_def.xml (EX-101.DEF) — 3KB
- udr-20240314_lab.xml (EX-101.LAB) — 16KB
- udr-20240314_pre.xml (EX-101.PRE) — 10KB
- udr-20240314x8k_htm.xml (XML) — 5KB
01 Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure. The press release announcing Mr. Alcock's resignation as Senior Vice President – Chief Investment Officer is furnished as Exhibit 99.1 to this Report. This information is being furnished pursuant to Item 7.01, and the information contained therein shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities under that Section. Furthermore, the information contained in Exhibit 99.1 shall not be deemed to be incorporated by reference into the filings of the Company under the Securities Act of 1933, as amended.
01 Financial Statements and Exhibits
Item 9.01 Financial Statements and Exhibits. (d) Exhibits. Ex. No. Description 10.1 Letter Agreement, between the Company and Mr. Alcock (including the related release agreement and Consulting Agreement as exhibits thereto), dated March 14, 2024 . 99.1 Press Release . 104 Cover Page Interactive Data File – The cover page XBRL tags are embedded within the Inline XBRL document
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. UDR, Inc. March 14, 2024 By: /s/ Joseph D. Fisher Joseph D. Fisher President and Chief Financial Officer (Principal Financial Officer)