UDR - UDR Chairman and CEO Sold $3.56M In Company Stock | Benzinga
Disclosed on June 10, Thomas W Toomey, Chairman and CEO at UDR (NYSE:UDR), executed a substantial insider sell as per the latest SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Monday showed that Toomey sold 90,000 shares of UDR. The total transaction amounted to $3,556,475.
The latest update on Tuesday morning shows UDR shares down by 0.0%, trading at $39.83.
Get to Know UDR Better
UDR is a real estate investment trust that owns, operates, acquires, renovates, develops, redevelops, disposes of, and manages multifamily apartment communities in targeted markets located in the United States. The company has two reportable segments; Same-Store Communities segment represents those communities acquired, developed, and stabilized prior to January 1, 2021, and held as of December 31, 2022, and Non-Mature Communities/Other segment represents those communities that do not meet the criteria to be included in Same-Store Communities, including, but not limited to, recently acquired, developed and redeveloped communities, and the non-apartment components of mixed-use properties. The company generates key revenue from Same-Store Communities.
UDR's Economic Impact: An Analysis
Revenue Growth: UDR's remarkable performance in 3 months is evident. As of 31 March, 2024, the company achieved an impressive revenue growth rate of ...