secwatch.observer — SEC 8-K summary
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Issuer:     Urban Edge Properties (UE)
CIK:        0001611547
Form:       8-K
Filed at:   2022-10-19T23:59:59+00:00
Accession:  0001611547-22-000099
Event type: leadership
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Urban Edge Properties appoints Jeffrey Mooallem as COO; Chris Weilminster to depart Nov 18, 2022
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- Jeffrey Mooallem appointed EVP and COO effective Jan 9, 2023; previously CEO of Gazit Horizons.
- Mooallem receives base salary of $625,000 and annual cash bonus of 50%-175% of base salary.
- Annual LTIP unit grant of $1.25M (50% time-based, 50% performance-based) beginning 2023.
- Chris Weilminster steps down as COO effective Nov 18, 2022; departure not related to any disagreements.
- Mooallem has led over $2 billion of real estate acquisitions and development in his career.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1611547/000161154722000099/0001611547-22-000099-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1611547/000161154722000099/ue-20221018.htm
  HTML page:      https://secwatch.observer/filing/0001611547-22-000099

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