medium
Sell
93,962 shares
$2,214,590
Significance
6/10
CFO Mark Langer sells 93,962 shares of UE at $23.57; cuts holdings by 72.4% to 35,816 shares
Mark Langer, Chief Financial Officer of Urban Edge Properties, executed a substantial sale of 93,962 shares at $23.57 on 2024-11-11, reducing his holdings by 72.4% from 129,778 shares to 35,816 shares. The sale occurred near the company's 52-week high of $23.60, with stock recently up 9.8% over 30 days and 18.7% over 90 days. The disposition of such a large fraction of an executive's holdings warrants investor attention, particularly given the timing relative to the stock's recent strength and the CFO's reduced stake post-transaction.