secwatch.observer — SEC 8-K summary
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Issuer:     UDR, Inc. (UDR)
CIK:        0000074208
Form:       8-K
Filed at:   2025-09-02T23:59:59+00:00
Accession:  0000074208-25-000059
Event type: leadership
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UDR President & CIO Joe Fisher resigns; CEO Tom Toomey appointed President
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- Fisher resigned effective Sept 2, 2025; will provide transition assistance through Dec 31, 2025.
- Entitled to $3M severance plus up to $3M contingent severance over 12 months subject to compliance.
- Tom Toomey, Chairman & CEO, appointed as President; assumes Fisher's duties with senior management.
- Continued health insurance through Sept 30, 2030; non-solicitation covenant through Sept 1, 2026.
- Fisher served as President since 2022 and CIO since Jan 2025; previously CFO since 2017.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/74208/000007420825000059/0000074208-25-000059-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/74208/000007420825000059/udr-20250902x8k.htm
  HTML page:      https://secwatch.observer/filing/0000074208-25-000059

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