Settle shares sold under the forward sales agreement
Not delivered by the deadline
AI-confirmed · human review in progress Independent AI checks agreed on primary SEC or regulator evidence. Records are now being reviewed by hand, starting with those our customers order.
- Announced
- 29 Oct 2019
- Due
- 31 Mar 2020
- Checked
- 19 Oct 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The final date by which shares sold under the forward sales agreement must be settled is March 31, 2020.”
What we found
Evidence strength A What the grades mean
The company failed to settle the shares by the March 31, 2020 deadline, with subsequent filings indicating the settlement dates were extended to 2021.
-
A UDR, Inc. 10-Q filed 2020-05-07
“As of March 31, 2020, no shares under the forward sales agreements have been settled. The final dates by which shares sold under the forward sales agreements must be settled range between February 12, 2021 and March 3, 2021.” ✓ confirmed on the page
Market reaction: the shares moved +1.9% against the S&P 500 over the three sessions around the disclosure (6 May 2020 to 11 May 2020). What this measures
Checked 19 Oct 2026.
Commitment DNA
The structured record of this commitment. Fields the company did not state are left blank rather than guessed.
- Event type
- Transaction other
- Indicative materiality
- Medium rules
- Action
- Settle
- Deliverable
- shares sold under the forward sales agreement
- In the company’s control
- High
- Specificity
- High
How this entry was checked
- Commitment recordedThe company's words were matched word for word against the filing.
- First checkAn AI model, Gemini (Google), read the company's later filings and recorded the outcome with a quoted passage.
- Second check: agreesA different AI model, Claude (Anthropic), re-read the evidence without being told the outcome and reached the same answer.
- Third check on a negative finding: agreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and reached the same answer.
Confirmed. This outcome counts towards the company's Kept Score. How verification works
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Report an error in this entry Reference: KI-C-2019-UDR-016793 · Corrections policy