Scott Andrew Mccallum reports a stock award at UDR
By AlphaYouPublished Form 4
McCallum Scott Andrew
Reporting filer
Scott Andrew Mccallum reports a stock award, not an open-market purchase or sale, in UDR, Inc.. Form 4 filed Nov 5, 2026 lists 1 entry.
- Disclosed
- Nov 5, 2026
Reported details
1 entry| Security | Owner | Date | Code | Action | Quantity | Price | Following holdings | Reporting delay | Filed terms and references |
|---|---|---|---|---|---|---|---|---|---|
| Class 1 LTIP Units (derivative) | McCallum Scott Andrew | 2026-11-03 | A | Grant or award | 111328.0000 | 0.0000 | 111,328 | 2 days | Filed terms
|
Class 1 LTIP Units (derivative)
- Owner
- McCallum Scott Andrew
- Date
- 2026-11-03
- Code
- A
- Action
- Grant or award
- Quantity
- 111328.0000
- Price
- 0.0000
- Following holdings
- 111,328
- Reporting delay
- 2 days
- Filed terms and references
Filed terms
- security Title: Class 1 LTIP Units
- id: F1
- id: F2
- id: F3
- id: F4
- transaction Date: 2026-11-03
- transaction Form Type: 4
- transaction Code: A
- equity Swap Involved: false
- transaction Shares: 111328.0000
- id: F5
- transaction Price Per Share: 0.0000
- transaction Acquired Disposed Code: A
- id: F2
- id: F3
- id: F4
- id: F5
- id: F4
- underlying Security Title: Common Stock
- id: F2
- id: F3
- id: F4
- id: F5
- underlying Security Shares: 111328.0000
- shares Owned Following Transaction: 111328.0000
- direct Or Indirect Ownership: D
Purchases, sales, grants and option exercises are different transactions. The reported code identifies the action; it does not establish a motive.
Filing context
- Quantities and prices are shown in the units filed. No trade value is inferred from their product.
- McCallum Scott Andrew: EVP-Chief Investment Officer.
- F1: Represents Class 1 LTIP Units in United Dominion Realty, L.P., a Delaware limited partnership (the "UDR Partnership"). UDR, Inc. (the "Company") is the parent company and sole general partner of the UDR Partnership.
- F2: Subject to the conditions set forth in the Amended and Restated Agreement of Limited Partnership of the UDR Partnership (the "Partnership Agreement") and subject to the vesting conditions specified with respect to each Class 1 LTIP Unit (as described in footnote 5 below), each Class 1 LTIP Unit may be converted, at the election of the holder, into a unit of limited partnership of the UDR Partnership (a "Partnership Common Unit"), provided that such Class 1 LTIP Unit has been outstanding for at least two years from the date of grant.
- F3: A holder of Partnership Common Units has the right to require the UDR Partnership to redeem all or a portion of the Partnership Common Units held by the holder in exchange for a cash payment based on the market value of the Company's Common Stock at the time of redemption, as defined in the Partnership Agreement (the "Cash Amount"). However, the UDR Partnership's obligation to pay the Cash Amount is subject the prior right of the Company to acquire such Partnership Common Units in exchange for either the Cash Amount or shares of the Company's Common Stock.
- F4: The Company, as the general partner of the UDR Partnership, may, in its sole discretion, purchase the Partnership Common Units by paying the limited partner either the Cash Amount or the REIT Share Amount (generally one share of the Company's Common Stock for each Partnership Common Unit), as such terms are defined in the Partnership Agreement. The right to convert the Class 1 LTIP Units into Partnership Common Units and the right to receive the Cash Amount or the REIT Share Amount (in the Company's sole discretion) in exchange for Partnership Common Units do not have expiration dates.
- F5: The Class 1 LTIP Units shall vest ratably over a period of five years beginning November 3, 2027.
Original sources
Prepared automatically from public filing data. Report a correction.