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AI brief of an SEC Form 8-K · UDR (UDR)

UDR Appoints Richard B. Clark to Board of Directors, Expanding It to Nine Members

Neutral Impact 2 of 5 leadership Written later

UDR, Inc. appointed Richard B. Clark, a former Brookfield Corporation senior executive, to its Board of Directors effective October 3, 2025, increasing the Board from eight to nine members. The appointment follows the departure of two long-tenured directors earlier in 2025 and is part of the Board's succession plan for director refreshment.

Key points

  • Richard B. Clark was appointed effective October 3, 2025, and will serve as an independent director.
  • He joins the Nominating and Governance Committee and the Audit and Risk Management Committee.
  • Clark served Brookfield Corporation and its predecessors from 1984 to 2021, including as Chairman and CEO of Brookfield Property Group.
  • Non-employee directors receive an $80,000 annual cash retainer and a $200,000 annual equity grant; Clark will receive a prorated portion.

The filing

CompanyUDR (UDR)
Form8-K, current report
Filed with the SECOct 7, 2025, 4:16 PM ET
Accession number0000074208-25-000065

Items reported: 5.02 Director / Officer Change

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:56 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on October 07, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.