CEO Jeffrey Olson sells $3.9M of UE shares; sixth and seventh open-market sales in three years with consistent track record of well-timed exits.
Jeffrey Olson, Urban Edge's Chairman and CEO, converted restricted stock and immediately sold the entire position across two transactions totaling approximately $3.9 million. This is his sixth and seventh open-market sale within the past three years, continuing a consistent pattern of share dispositions. What distinguishes this filing is Olson's historical accuracy as a seller: all five of his prior sales at this ticker have been well-timed, with the stock declining after each exit—a perfect record over both 30-day and 90-day periods. The company remains profitable with growing revenue and trades modestly below its 52-week high, so this sale does not occur during an earnings crisis or valuation collapse. Rather, Olson is executing another routine liquidation of stock compensation after a three-month gap since his last prior sale, maintaining a disciplined cadence of converting vested equity into cash.