secwatch.observer — SEC 8-K summary
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Issuer:     UDR, Inc. (UDR)
CIK:        0000074208
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0000074208-24-000023
Event type: leadership
Sentiment:  neutral
Materiality: 0.60
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UDR CIO Harry G. Alcock to retire July 31, 2024, transition to consulting role
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- Harry G. Alcock resigns as SVP & CIO effective 7/31/2024; transitions to consultant on 8/1/2024 focusing on transactions.
- H. Andrew Cantor continues leading acquisitions; Bob McCullough continues leading development.
- Alcock receives monthly consulting fee of $41,667 plus incentive fees (min $2M over term) for sourcing deals.
- Equity awards for 2022/2023 vest based on performance through resignation; 2024 awards pro-rated.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74208/000007420824000023/0000074208-24-000023-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74208/000007420824000023/udr-20240314x8k.htm
  HTML page:      https://secwatch.observer/filing/0000074208-24-000023

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer