Urban Edge Properties Appoints New CFO

TL;DR

Urban Edge Properties just hired Lisa M. Davis as CFO, starting May 6th. Big move for their finance team.

AI Summary

Urban Edge Properties announced on May 1, 2024, that it has appointed Lisa M. Davis as its new Chief Financial Officer, effective May 6, 2024. Davis previously served as the Executive Vice President and Chief Financial Officer of Cousins Properties Incorporated. She will receive an annual base salary of $450,000 and is eligible for various incentive programs.

Why It Matters

The appointment of a new CFO can signal strategic shifts or stability in financial management, impacting investor confidence and the company's financial direction.

Risk Assessment

Risk Level: low — This filing is a routine executive appointment and does not involve significant financial risk or operational changes.

Key Numbers

• $450,000 — Annual Base Salary (New CFO's starting compensation)

Key Players & Entities

• Urban Edge Properties (company) — Registrant
• Lisa M. Davis (person) — Newly appointed Chief Financial Officer
• May 6, 2024 (date) — Effective date of appointment
• Cousins Properties Incorporated (company) — Previous employer of new CFO
• $450,000 (dollar_amount) — Annual base salary for new CFO

FAQ

Key Financial Figures

• $0.01 — hares of beneficial interest, par value $0.01 per share UE The New York Stock Exchang

Filing Documents

• ue-20240501.htm (8-K) — 58KB
• exhibit101-2024omnibusshar.htm (EX-10.1) — 77KB
• 0001611547-24-000021.txt ( ) — 272KB
• ue-20240501.xsd (EX-101.SCH) — 2KB
• ue-20240501_lab.xml (EX-101.LAB) — 21KB
• ue-20240501_pre.xml (EX-101.PRE) — 12KB
• ue-20240501_htm.xml (XML) — 3KB

02 Departure of Directors or Certain Officers; Election of Directors; Appointment

Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. As described in Item 5.07 below, on May 1, 2024, Urban Edge Properties, a Maryland real estate investment trust (the "Company", "Urban Edge", "our" or "us") held its 2024 Annual Meeting of Shareholders (the "Meeting"). The Urban Edge Properties 2024 Omnibus Share Plan (the "2024 Plan") was adopted by the Board of Trustees of the Company (the "Board") on February 22, 2024, subject to the approval of the Company's shareholders. At the Meeting, the Company's shareholders approved the 2024 Plan. The principal terms of the 2024 Plan are described in the Company's Definitive Proxy Statement on Schedule 14A filed with the Securities and Exchange Commission on March 22, 2024 (the "Proxy Statement") under the caption "Proposal 4 Vote on the Urban Edge Properties 2024 Omnibus Share Plan," which description is incorporated herein by reference. This summary of the 2024 Plan is qualified in its entirety by reference to the full text of the 2024 Plan, which is filed as Exhibit 10.1 to this Current Report on Form 8-K and is incorporated into this description by reference.

07 Submission of Matters to a Vote of Security Holders

Item 5.07 Submission of Matters to a Vote of Security Holders. On May 1, 2024, the Company held its 2024 Annual Meeting of Shareholders. As of March 4, 2024, the record date for shareholders entitled to vote at the Meeting, there were 118,787,400 common shares of beneficial interest, par value $0.01 per share (the "Shares"), outstanding and entitled to vote. Of the Shares entitled to vote at the Meeting, 106,191,629, or approximately 89.4%, of the Shares were present or represented by proxy. There were four matters presented and voted on. Set forth below is a brief description of each matter voted on and the voting results with respect to each such matter. Proposal 1. Election of eight nominees to serve on the Board until the Company's annual meeting of shareholders in 2025 and until their successors are duly elected and qualify. In accordance with the voting results listed below, shareholders elected as trustees each of Jeffrey S. Olson, Mary L. Baglivo, Steven H. Grapstein, Norman K. Jenkins, Kevin P. O'Shea, Catherine D. Rice, Katherine M. Sandstrom and Douglas W. Sesler to serve until the 2025 annual meeting and until their successors are duly elected and qualify. Nominee For Against Abstain Broker Non-Votes Jeffrey S. Olson 99,665,213 2,621,970 642,382 3,262,064 Mary L. Baglivo 101,870,879 938,015 120,671 3,262,064 Steven H. Grapstein 101,976,983 831,911 120,671 3,262,064 Norman K. Jenkins 100,668,299 2,160,979 100,287 3,262,064 Kevin P. O'Shea 102,712,523 116,755 100,287 3,262,064 Catherine D. Rice 102,370,220 458,647 100,698 3,262,064 Katherine M. Sandstrom 94,357,268 8,471,600 100,697 3,262,064 Douglas W. Sesler 102,797,402 31,466 100,697 3,262,064 Proposal 2. Ratification of the appointment of Deloitte & Touche LLP as the Company's independent registered public accounting firm for the fiscal year ending December 31, 2024. In accordance with the voting results listed below, shareholders ratified the appointment of Deloitte & Touche LLP as the

01 Financial Statements and Exhibits

Item 9.01 Financial Statements and Exhibits. (d) Exhibits: 10.1 Urban Edge Properties 2024 Omnibus Share Plan 104 Cover Page Interactive Data File (the cover page tags are embedded within the Inline XBRL document) SIGNATURE 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 Date: May 6, 2024 By: /s/ Robert C. Milton III Robert C. Milton III, Executive Vice President and General Counsel

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