Settle forward sales agreements
Not delivered by the deadline
AI-assessed · human review in progress Found and assessed by AI from the cited sources. Shown with its evidence; it is not counted in any Kept Score until confirmed.
- Announced
- 6 May 2020
- Due
- 12 Feb 2021
- Checked
- 19 Oct 2026
- Deadline
- Met
- Late
- Not met
- Today
What the company said
“The final dates by which shares sold under the forward sales agreements must be settled range between February 12, 2021, and March 3, 2021.”
What we found
Evidence strength A What the grades mean
The company did not settle the forward sales agreements by the original deadline, instead extending the settlement dates to 2022 in subsequent filings.
-
A UDR, Inc. 10-Q filed 2021-04-28
“As of March 31, 2021, 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 23, 2022 and March 15, 2022.” ✓ confirmed on the page
Market reaction: the shares moved -0.7% against the S&P 500 over the three sessions around the disclosure (27 Apr 2021 to 30 Apr 2021). What this measures
Checked 19 Oct 2026.
Commitment lineage
Every time the company restated this commitment. The original is never changed, and the outcome is always measured against version 1.
- Deadline drift +776 days
- 2 versions
-
Version 1 · original · stated 6 May 2020
Deadline 12 Feb 2021 (“between February 12, 2021, and March 3, 2021”)
-
Version 2 · stated 26 Oct 2022
Deadline 30 Mar 2023 (“March 30, 2023”)
“The final date by which shares sold under these agreements must be settled is March 30, 2023.”
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
- forward sales agreements
- In the company’s control
- High
- Specificity
- High
- Depends on
- Counterparty
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: disagreesBecause a negative finding could harm a company if wrong, a stronger model re-read the evidence fully blind and read it as “no_evidence”, so a person decides.
Not yet confirmed. Shown on the record, but it will not count in any score until it is confirmed. How verification works
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Report an error in this entry Reference: KI-C-2020-UDR-016796 · Corrections policy