[8-K] UDR, Inc. Reports Material Event
UDR announces the appointment of David D. Bragg as Senior Vice President - Chief Financial Officer and principal financial officer, effective July 24, 2025. Bragg, 45, brings extensive industry experience from his previous roles at Roots Management Group, Green Street, and other financial institutions.
Bragg's compensation package includes:
- Base salary: $500,000 annually
- Target annual bonus: $750,000
- Long-term incentive target: $1,000,000
- Sign-on benefits: $200,000 cash bonus and $2,000,000 in equity awards vesting over 5 years
Current CFO Joseph D. Fisher will relinquish his CFO and principal financial officer roles but maintain his positions as President and Chief Investment Officer. This transition aligns with the company's previously announced leadership changes from January 2025.
UDR annuncia la nomina di David D. Bragg come Senior Vice President - Chief Financial Officer e responsabile finanziario principale, a partire dal 24 luglio 2025. Bragg, 45 anni, porta con sé una vasta esperienza nel settore grazie ai suoi precedenti incarichi presso Roots Management Group, Green Street e altre istituzioni finanziarie.
Il pacchetto retributivo di Bragg comprende:
- Stipendio base: 500.000 dollari annui
- Bonus annuale target: 750.000 dollari
- Obiettivo incentivo a lungo termine: 1.000.000 di dollari
- Benefit di ingresso: bonus in contanti di 200.000 dollari e premi azionari per 2.000.000 di dollari con maturazione in 5 anni
L'attuale CFO Joseph D. Fisher cederà i ruoli di CFO e responsabile finanziario principale, mantenendo però le cariche di Presidente e Chief Investment Officer. Questa transizione è in linea con i cambiamenti di leadership annunciati dall'azienda a gennaio 2025.
UDR anuncia el nombramiento de David D. Bragg como Vicepresidente Senior - Director Financiero y oficial financiero principal, efectivo a partir del 24 de julio de 2025. Bragg, de 45 años, aporta una amplia experiencia en la industria gracias a sus roles anteriores en Roots Management Group, Green Street y otras instituciones financieras.
El paquete de compensación de Bragg incluye:
- Salario base: 500,000 dólares anuales
- Bono anual objetivo: 750,000 dólares
- Incentivo a largo plazo objetivo: 1,000,000 de dólares
- Beneficios de incorporación: bono en efectivo de 200,000 dólares y premios en acciones por 2,000,000 de dólares que se consolidan en 5 años
El actual CFO Joseph D. Fisher dejará sus cargos de CFO y oficial financiero principal, pero mantendrá sus puestos como Presidente y Director de Inversiones. Esta transición está alineada con los cambios de liderazgo anunciados previamente por la compañía en enero de 2025.
UDR� David D. Bragg� 2025� 7� 24일부� 수석 부사장 � 최고재무책임�(CFO) � 주요 재무 책임자로 임명한다� 발표했습니다. 45세인 Bragg� Roots Management Group, Green Street � 기타 금융 기관에서� 이전 경력� 통해 풍부� 업계 경험� 보유하고 있습니다.
Bragg� 보상 패키지� 다음� 같습니다:
- 기본 연봉: � 500,000달러
- 목표 연간 보너�: 750,000달러
- 장기 인센티브 목표: 1,000,000달러
- 입사 혜택: 200,000달러 현금 보너� � 5년에 걸쳐 베스팅되� 2,000,000달러 상당� 주식 보상
� CFO� Joseph D. Fisher� CFO � 주요 재무 책임� 역할에서 물러나지�, 사장 � 최고투자책임�(CIO) 직책은 유지합니�. 이번 전환은 회사가 2025� 1월에 발표� 리더� 변화와 일치합니�.
UDR annonce la nomination de David D. Bragg en tant que Senior Vice President - Directeur financier et principal responsable financier, à compter du 24 juillet 2025. Bragg, âgé de 45 ans, apporte une vaste expérience du secteur acquise lors de ses précédents postes chez Roots Management Group, Green Street et d'autres institutions financières.
Le package de rémunération de Bragg comprend :
- Salaire de base : 500 000 dollars par an
- Bonus annuel cible : 750 000 dollars
- Objectif d'incitation à long terme : 1 000 000 de dollars
- Avantages à l'embauche : prime en espèces de 200 000 dollars et attributions d'actions pour 2 000 000 de dollars acquises sur 5 ans
L'actuel CFO Joseph D. Fisher cédera ses fonctions de CFO et principal responsable financier, tout en conservant ses postes de Président et Directeur des investissements. Cette transition s'inscrit dans le cadre des changements de direction annoncés par la société en janvier 2025.
UDR gibt die Ernennung von David D. Bragg zum Senior Vice President - Chief Financial Officer und leitenden Finanzbeauftragten bekannt, wirksam ab dem 24. Juli 2025. Bragg, 45 Jahre alt, bringt umfangreiche Branchenerfahrung aus seinen vorherigen Positionen bei Roots Management Group, Green Street und anderen Finanzinstituten mit.
Braggs Vergütungspaket umfasst:
- Grundgehalt: 500.000 USD jährlich
- Geplante Jahresprämie: 750.000 USD
- Ziel für langfristige Anreize: 1.000.000 USD
- Willkommensleistungen: 200.000 USD Barbonus und Aktienprämien im Wert von 2.000.000 USD, die über 5 Jahre vesten
Der derzeitige CFO Joseph D. Fisher wird seine Funktionen als CFO und leitender Finanzbeauftragter abgeben, behält jedoch seine Positionen als Präsident und Chief Investment Officer. Dieser Übergang steht im Einklang mit den bereits im Januar 2025 angekündigten Führungsänderungen des Unternehmens.
- Strategic CFO appointment: David D. Bragg brings extensive real estate industry expertise from leadership roles at Roots Management Group and Green Street
- Former CFO Joseph D. Fisher remains with company as President and Chief Investment Officer, ensuring leadership continuity
- Competitive compensation package includes $2M equity award vesting over 5 years, aligning new CFO's interests with long-term shareholder value
- None.
Insights
UDR appoints experienced financial executive David Bragg as new CFO with strong compensation package and relevant industry background.
UDR's appointment of David Bragg as Senior Vice President - Chief Financial Officer represents a strategically significant leadership transition. Bragg brings valuable sector-specific expertise, having served as CFO at Roots Management Group and held senior positions at Green Street where he led residential research. His background combines both operational financial leadership and deep analytical experience in the real estate sector.
The comprehensive compensation package reflects the company's commitment to securing top talent, with a $500,000 base salary, $750,000 target annual bonus, and $1,000,000 in long-term incentives. The additional $200,000 signing bonus and substantial $2,000,000 equity award (vesting over five years) serve as powerful retention mechanisms while aligning Bragg's interests with shareholders.
This transition appears well-orchestrated, with the current CFO Joseph Fisher retaining his roles as President and Chief Investment Officer. This structured approach suggests an orderly transfer of responsibilities while maintaining continuity in the company's investment strategy. The five-year vesting schedule for Bragg's equity award indicates the board is focused on long-term stability in this critical financial leadership position.
UDR annuncia la nomina di David D. Bragg come Senior Vice President - Chief Financial Officer e responsabile finanziario principale, a partire dal 24 luglio 2025. Bragg, 45 anni, porta con sé una vasta esperienza nel settore grazie ai suoi precedenti incarichi presso Roots Management Group, Green Street e altre istituzioni finanziarie.
Il pacchetto retributivo di Bragg comprende:
- Stipendio base: 500.000 dollari annui
- Bonus annuale target: 750.000 dollari
- Obiettivo incentivo a lungo termine: 1.000.000 di dollari
- Benefit di ingresso: bonus in contanti di 200.000 dollari e premi azionari per 2.000.000 di dollari con maturazione in 5 anni
L'attuale CFO Joseph D. Fisher cederà i ruoli di CFO e responsabile finanziario principale, mantenendo però le cariche di Presidente e Chief Investment Officer. Questa transizione è in linea con i cambiamenti di leadership annunciati dall'azienda a gennaio 2025.
UDR anuncia el nombramiento de David D. Bragg como Vicepresidente Senior - Director Financiero y oficial financiero principal, efectivo a partir del 24 de julio de 2025. Bragg, de 45 años, aporta una amplia experiencia en la industria gracias a sus roles anteriores en Roots Management Group, Green Street y otras instituciones financieras.
El paquete de compensación de Bragg incluye:
- Salario base: 500,000 dólares anuales
- Bono anual objetivo: 750,000 dólares
- Incentivo a largo plazo objetivo: 1,000,000 de dólares
- Beneficios de incorporación: bono en efectivo de 200,000 dólares y premios en acciones por 2,000,000 de dólares que se consolidan en 5 años
El actual CFO Joseph D. Fisher dejará sus cargos de CFO y oficial financiero principal, pero mantendrá sus puestos como Presidente y Director de Inversiones. Esta transición está alineada con los cambios de liderazgo anunciados previamente por la compañía en enero de 2025.
UDR� David D. Bragg� 2025� 7� 24일부� 수석 부사장 � 최고재무책임�(CFO) � 주요 재무 책임자로 임명한다� 발표했습니다. 45세인 Bragg� Roots Management Group, Green Street � 기타 금융 기관에서� 이전 경력� 통해 풍부� 업계 경험� 보유하고 있습니다.
Bragg� 보상 패키지� 다음� 같습니다:
- 기본 연봉: � 500,000달러
- 목표 연간 보너�: 750,000달러
- 장기 인센티브 목표: 1,000,000달러
- 입사 혜택: 200,000달러 현금 보너� � 5년에 걸쳐 베스팅되� 2,000,000달러 상당� 주식 보상
� CFO� Joseph D. Fisher� CFO � 주요 재무 책임� 역할에서 물러나지�, 사장 � 최고투자책임�(CIO) 직책은 유지합니�. 이번 전환은 회사가 2025� 1월에 발표� 리더� 변화와 일치합니�.
UDR annonce la nomination de David D. Bragg en tant que Senior Vice President - Directeur financier et principal responsable financier, à compter du 24 juillet 2025. Bragg, âgé de 45 ans, apporte une vaste expérience du secteur acquise lors de ses précédents postes chez Roots Management Group, Green Street et d'autres institutions financières.
Le package de rémunération de Bragg comprend :
- Salaire de base : 500 000 dollars par an
- Bonus annuel cible : 750 000 dollars
- Objectif d'incitation à long terme : 1 000 000 de dollars
- Avantages à l'embauche : prime en espèces de 200 000 dollars et attributions d'actions pour 2 000 000 de dollars acquises sur 5 ans
L'actuel CFO Joseph D. Fisher cédera ses fonctions de CFO et principal responsable financier, tout en conservant ses postes de Président et Directeur des investissements. Cette transition s'inscrit dans le cadre des changements de direction annoncés par la société en janvier 2025.
UDR gibt die Ernennung von David D. Bragg zum Senior Vice President - Chief Financial Officer und leitenden Finanzbeauftragten bekannt, wirksam ab dem 24. Juli 2025. Bragg, 45 Jahre alt, bringt umfangreiche Branchenerfahrung aus seinen vorherigen Positionen bei Roots Management Group, Green Street und anderen Finanzinstituten mit.
Braggs Vergütungspaket umfasst:
- Grundgehalt: 500.000 USD jährlich
- Geplante Jahresprämie: 750.000 USD
- Ziel für langfristige Anreize: 1.000.000 USD
- Willkommensleistungen: 200.000 USD Barbonus und Aktienprämien im Wert von 2.000.000 USD, die über 5 Jahre vesten
Der derzeitige CFO Joseph D. Fisher wird seine Funktionen als CFO und leitender Finanzbeauftragter abgeben, behält jedoch seine Positionen als Präsident und Chief Investment Officer. Dieser Übergang steht im Einklang mit den bereits im Januar 2025 angekündigten Führungsänderungen des Unternehmens.