UDR, Inc. Files Proxy Statement

TL;DR

UDR filed its proxy statement, shareholders vote soon.

AI Summary

UDR, Inc. filed a DEFA14A, which is a proxy statement, on May 13, 2024. This filing is an amendment to a previous filing and concerns matters related to the company's shareholder meeting. The company is a real estate investment trust (REIT) incorporated in Maryland.

Why It Matters

Proxy statements are crucial for shareholders as they contain important information about company proposals, executive compensation, and director nominations, enabling informed voting decisions.

Risk Assessment

Risk Level: low — This filing is a standard proxy statement (DEFA14A) and does not contain new material financial information or significant corporate actions that would inherently increase risk.

Key Numbers

• 1231 — Fiscal Year End (Indicates the end of UDR, Inc.'s fiscal year for reporting purposes.)
• 001-10524 — SEC File Number (UDR, Inc.'s SEC file number.)

Key Players & Entities

• UDR, Inc. (company) — Filer of the DEFA14A
• 0000074208-24-000046.txt (document) — Accession number for the filing
• 1934 Act (regulation) — Securities Exchange Act under which the filing is made
• MD (state) — State of incorporation for UDR, Inc.

FAQ

From the Filing

0000074208-24-000046.txt : 20240513 0000074208-24-000046.hdr.sgml : 20240513 20240513083225 ACCESSION NUMBER: 0000074208-24-000046 CONFORMED SUBMISSION TYPE: DEFA14A PUBLIC DOCUMENT COUNT: 5 FILED AS OF DATE: 20240513 DATE AS OF CHANGE: 20240513 FILER: COMPANY DATA: COMPANY CONFORMED NAME: UDR, Inc. CENTRAL INDEX KEY: 0000074208 STANDARD INDUSTRIAL CLASSIFICATION: REAL ESTATE INVESTMENT TRUSTS [6798] ORGANIZATION NAME: 05 Real Estate & Construction IRS NUMBER: 540857512 STATE OF INCORPORATION: MD FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: DEFA14A SEC ACT: 1934 Act SEC FILE NUMBER: 001-10524 FILM NUMBER: 24937025 BUSINESS ADDRESS: STREET 1: 1745 SHEA CENTER DRIVE STREET 2: SUITE 200 CITY: HIGHLANDS RANCH STATE: CO ZIP: 80129 BUSINESS PHONE: 720-283-6120 MAIL ADDRESS: STREET 1: 1745 SHEA CENTER DRIVE STREET 2: SUITE 200 CITY: HIGHLANDS RANCH STATE: CO ZIP: 80129 FORMER COMPANY: FORMER CONFORMED NAME: UNITED DOMINION REALTY TRUST INC DATE OF NAME CHANGE: 19920703 FORMER COMPANY: FORMER CONFORMED NAME: OLD DOMINION REAL ESTATE INVESTMENT TRUST DATE OF NAME CHANGE: 19850110 FORMER COMPANY: FORMER CONFORMED NAME: OLD DOMINION REIT ONE DATE OF NAME CHANGE: 19770921 DEFA14A 1 tmb-20240513xdefa14a.htm DEFA14A ​ UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 _______________________________________ ​ SCHEDULE 14A Proxy Statement Pursuant to Section 14(a) of the Securities Exchange Act of 1934 (Amendment No.     )  _________________________________   Filed by the Registrant                              ¨   Filed by a Party other than the Registrant Check the appropriate box: ​ ​ ​ ​ ¨ ​ Preliminary Proxy Statement ​ ​ ¨ ​ CONFIDENTIAL, FOR USE OF THE COMMISSION ONLY (AS PERMITTED BY RULE 14a-6(e)(2)) ​ ​ ¨ ​ Definitive Proxy Statement ​ ​ ​ Definitive Additional Materials ​ ​ ¨ ​ Soliciting Material Pursuant to §240.14a-12 ​ UDR, Inc. (Name of Registrant as Specified In Its Charter) (Name of Person(s) Filing Proxy Statement, if other than the Registrant) Payment of Filing Fee (Check all boxes that apply): ​ ​ ​ ​ ​ ​ ​ No fee required. ¨ ​ Fee paid previously with preliminary materials. ¨ ​ Fee computed on table in exhibit required by Item 25(b) per Exchange Act Rules 14a-6(i)(1) and 0-11. ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ ​ Beginning on or about May 13, 2024, UDR, Inc. (“UDR,” the “Company,” “we,” or “our”) made the following communication available to our shareholders. ​ Advisory Vote on Executive Compensation. At the Company’s 2024 annual meeting of shareholders to be held on Thursday, May 23, 2024, shareholders will cast an advisory vote on the compensation of the Company’s named executive officers (the “Say on Pay Proposal”). There are two main proxy advisory firms, Institutional Shareholder Services Inc. (“ISS”) and Glass, Lewis & Co. LLC (“Glass Lewis”), that issue their own respective reports and make recommendations for shareholder votes. We are pleased to have garnered favorable support and a recommendation by Glass Lewis to vote “FOR” on all proposals. Conversely, we are disappointed that ISS, for the first time since Say on Pay became effective in 2011, reached a different conclusion this year and has recommended that shareholders vote “AGAINST” our Say on Pay Proposal.