Arbor Realty Trust (ABR) CAO granted 16,108 shares, 7,141 withheld for taxes
Rhea-AI Filing Summary
Arbor Realty Trust’s Chief Accounting Officer, Thomas J. Ridings, reported compensation-related stock activity in common shares. On March 13, he received a grant of 16,108 shares of common stock under the company’s 2024 Amended Omnibus Stock Incentive Plan, with one third vesting on the grant date, one third in one year, and one third in two years.
To cover tax-withholding obligations tied to vesting, a total of 7,141 shares were disposed of through issuer withholding transactions on March 13 and March 14 at $7.67 per share. After these transactions, Ridings holds 137,615 common shares directly. These F-code dispositions are tax payments, not open-market sales.
Positive
- None.
Negative
- None.
Insights
Compensation grant with routine tax withholding; no open-market trading.
Chief Accounting Officer Thomas J. Ridings received a 16,108-share stock grant under Arbor Realty Trust’s 2024 incentive plan. The award vests in thirds over two years, aligning part of his compensation with future company performance.
Three F-code transactions totaling 7,141 shares at $7.67 per share reflect shares withheld by the company to satisfy tax obligations on vesting, not discretionary selling. Following these events, he directly owns 137,615 shares, indicating the activity is routine compensation and tax settlement rather than a change in investment stance.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 2,074 | $7.67 | $16K |
| Tax Withholding | Common Stock, par value $0.01 per share | 2,326 | $7.67 | $18K |
| Grant/Award | Common Stock, par value $0.01 per share | 16,108 | $0.00 | -- |
| Tax Withholding | Common Stock, par value $0.01 per share | 2,741 | $7.67 | $21K |
Footnotes (1)
- Shares of common stock par value $0.01 per share of Arbor Realty Trust, Inc. (the"Company") granted pursuant to the Company's 2024 Amended Omnibus Stock Incentive Plan. One third vest on the date of grant, one third vest in one year and one third vest in two years. Represents shares that have been withheld by the Company to satisfy tax-withholding obligations in connection with the vesting of common stock.