Written from the filing's own figures. OQRO describes what was reported and never tells you what to buy or sell
View the official recordSEC Form 4 — Statement of Changes in Beneficial OwnershipAll the details
Dates, kept separate
Transaction date
Nov 24, 2025
Reporting period
Not applicable
Filed with the SEC
Nov 26, 2025
CEOOther
Context
Classification
other
Code J — not an open-market trade
Planned / mechanical clue
Footnote references vesting of compensation awards
Only flagged when a footnote says so; never inferred
Source receipt
Record ID
0001195697-25-000006
Filed / recorded
Nov 26, 2025, 11:07 PM UTC
Added to OQRO
Oct 2, 2026, 12:28 PM UTC
Parser
form4-xml-v1
Data quality
Verified: identifiers matched exactly
Issuer
UDR, Inc.
Issuer CIK
74208
Ticker
UDR
Reporting person
Thomas W Toomey
Relationship
Director, Officer
Officer title
Chairman, President and CEO
Security
Class 2 LTIP Units
Table
Derivative (Table II)
Transaction date
Nov 24, 2025
Transaction code
J
Shares / units
6,990
Price per share
$35.63
Acquired / disposed
Acquired (A)
Shares owned after
840,401
Ownership form
Direct
Amendment
No
Footnotes from the filing
Represents Class 2 LTIP Units (the "Class 2 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.
Subject to the conditions set forth in the Amended and Restated Agreement of Limited Partnership of the UDR Partnership, as amended (the "Partnership Agreement") and subject to the vesting conditions specified with respect to each Class 2 LTIP Unit, each Class 2 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 2 LTIP Unit has been outstanding for at least two years from the date of grant.
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.
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 2 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.
On November 24, 2025, the "Thomas W. Toomey 2023 Grantor Retained Annuity Trust TD" and the "Thomas W. Toomey 2023 Grantor Retained Annuity Trust BDJ" collectively transferred 6,991 Class 2 LTIP Units to the beneficiaries of the trusts, and the beneficiaries transferred those Class 2 LTIP Units to the reporting person in satisfaction of indebtedness.