---
schema_version: "secwatch.filing_event.v1"
accession: "0001611547-24-000035"
form_type: "8-K"
ticker: "UE"
cik: "0001611547"
company_name: "Urban Edge Properties"
filed_at: "2024-07-02T23:59:59+00:00"
generated_at: "2026-05-31T23:46:36.845682+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Urban Edge Properties enters new employment agreement with CEO Jeffrey Olson through 2027

## Summary
- New agreement extends term to Sept 1, 2027 with auto-renewal; base salary $1.1M, target bonus 110% of base.
- Annual LTIP grant minimum $4.45M (50% time-based, 50% performance-based with multi-year vesting).
- Severance: 2x (base+target) or 3x on change-in-control termination; includes Pro Rata Bonus and Medical Benefits.
- Non-compete and non-solicitation covenants apply for one year post-termination.
- Current target compensation unchanged; no one-time award for executing the agreement.

## SEC filing metadata
- accession: 0001611547-24-000035
- form_type: 8-K
- ticker: UE
- cik: 0001611547
- company_name: Urban Edge Properties
- filed_at: 2024-07-02T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1611547/000161154724000035/0001611547-24-000035-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1611547/000161154724000035/ue-20240628.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001611547-24-000035
- JSON: https://secwatch.observer/filing/0001611547-24-000035.json
- Plain text: https://secwatch.observer/filing/0001611547-24-000035.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.