Dividend-equivalent RSUs granted to Arbor Realty Trust (NYSE: ABR) director

Rhea-AI Filing Summary

Green William C reported acquisition or exercise transactions in this Form 4 filing.

Arbor Realty Trust director William C. Green received 1,846 fully vested Restricted Stock Units on March 24, 2026 as a dividend-equivalent grant on his existing RSUs. He has elected to defer both the dividend equivalents and receipt of the common stock until his board service ends or an earlier change in control. Following this award, his directly held RSUs total 62,891 units.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Green William C

(Last) (First) (Middle)

C/O ARBOR REALTY TRUST, INC.

333 EARLE OVINGTON BLVD, SUITE 900

(Street)

UNIONDALE NEW YORK 11553

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
ARBOR REALTY TRUST INC [ ABR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	03/24/2026		A(1)		1,846		(1)	(1)	Common Stock, par value $0.01 per share	1,846	$7.46	62,891	D

Explanation of Responses:

1. On March 24, 2026, Mr. Green received 1,846 fully vested Restricted Stock Units ("RSUs") of Arbor Realty Trust, Inc. (the "Company") in lieu of the dividend equivalent due on Mr. Green's existing RSUs and paid by the Company on March 24, 2026. Mr. Green has elected to defer his dividend equivalents and receipt of the common stock into which the RSUs are converted until his service as a director is terminated, or sooner upon a change in control, pursuant to a pre-established deferral election.

	/s/ Maysa Vahidi, Attorney-in-Fact for William C. Green	03/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What did Arbor Realty Trust (ABR) director William C. Green receive in this Form 4 filing?

Director William C. Green received 1,846 fully vested Restricted Stock Units on March 24, 2026. These RSUs were issued by Arbor Realty Trust as a dividend-equivalent grant tied to his existing RSU holdings.

Why did William C. Green receive 1,846 RSUs from Arbor Realty Trust (ABR)?

He received 1,846 RSUs in lieu of the dividend equivalent due on his existing RSUs, paid by Arbor Realty Trust on March 24, 2026. This compensates him for dividends as additional stock-based units.

Are the 1,846 RSUs granted to ABR director Green immediately paid in common stock?

No. Mr. Green elected to defer receipt of the common stock underlying these RSUs. The shares will be delivered after his service as a director ends, or sooner if a change in control occurs.

How many Restricted Stock Units does ABR director William C. Green hold after this grant?

After the March 24, 2026 grant, Mr. Green holds 62,891 Restricted Stock Units directly. This figure includes the newly awarded 1,846 RSUs credited as dividend-equivalent compensation.

Are the RSUs granted to Arbor Realty Trust (ABR) director Green fully vested?

Yes. The filing states that Mr. Green received 1,846 fully vested RSUs. Although they are fully vested, delivery of the underlying common stock is deferred under his pre-established deferral election.

What triggers payment of the deferred RSU shares for ABR director Green?

The deferred RSU shares are paid when Mr. Green’s service as a director is terminated, or earlier upon a change in control of Arbor Realty Trust, in line with his deferral election.