[Form 4] ARBOR REALTY TRUST INC Insider Trading Activity

Rhea-AI Filing Summary

Arbor Realty Trust insider transaction: Kevin Wachter, Executive Vice President of Asset Finance & Treasury, was granted 46,517 shares of Arbor Realty Trust common stock on 09/15/2025 under the companys 2024 Amended Omnibus Stock Incentive Plan. One-third vested on grant date, one-third vests in one year and one-third vests in two years. The filing also reports 6,615 shares withheld to satisfy tax-withholding obligations at a price of $11.72 per share, leaving Wachter with 39,902 shares beneficially owned following the reported transactions.

Positive

• Time-based vesting aligns executive incentives over multi-year periods
• Grant reported transparently under the companys 2024 Amended Omnibus Stock Incentive Plan

Negative

• Share withholding reduced net incremental ownership by 6,615 shares
• No context on total outstanding shares provided, so material dilution cannot be assessed

Insights

Corporate Governance Expert

TL;DR: Routine executive equity grant with standard multi-year vesting; modest tax-withholding reduced net shares.

The grant of 46,517 shares appears to be an equity-based compensation award made under the companys omnibus plan with customary time-based vesting (one-third immediate, remaining in one- and two-year tranches). The withholding of 6,615 shares to satisfy taxes at $11.72 per share is a standard administrative action that reduces the reporting persons net share count to 39,902. This disclosure is informational and does not indicate a change in control, debt, or material corporate action.

Compensation Analyst

TL;DR: Equity award aligns executive incentives over multiple years; withholding normalizes tax obligations.

The time-based vesting schedule supports retention objectives by tying value realization to continued service. The size of the award relative to total holdings is not provided, so materiality to shareholder dilution cannot be assessed from this form alone. The $11.72 per-share withholding price documents the tax settlement method but does not disclose grant fair value or company-level share pool impact.

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

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^*

Wachter Kevin

(Last) (First) (Middle)

C/O ARBOR REALTY TRUST, INC.

333 EARLE OVINGTON BLVD, SUITE 900

(Street)

UNIONDALE NY 11553

(City) (State) (Zip)

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

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

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	EVP, Asset Finance & Treasury

3. Date of Earliest Transaction (Month/Day/Year)
09/15/2025

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

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

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

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
Common Stock, par value $0.01 per share	09/15/2025		A		46,517	A	(1)	46,517	D
Common Stock, par value $0.01 per share	09/15/2025		F(2)		6,615	D	$11.72	39,902	D

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

Explanation of Responses:

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.

2. Represents shares that have been withheld by the Company to satisfy tax-withholding obligations in connection with the vesting of common stock.

	/s/ Maysa Vahidi, Attorney-in-Fact for Kevin Wachter	09/17/2025
	** 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.

FAQ

What transaction did ABR insider Kevin Wachter report on Form 4?

The report discloses a grant of 46,517 common shares on 09/15/2025 and withholding of 6,615 shares for taxes.

How many Arbor Realty Trust shares does Kevin Wachter beneficially own after the transaction?

Following the reported transactions Wachter beneficially owns 39,902 shares.

What vesting schedule applies to the granted shares?

The award vests one-third on grant, one-third in one year, and one-third in two years.

At what price were shares withheld for taxes?

Shares withheld to satisfy tax obligations were recorded at $11.72 per share.

Under which plan were the shares granted?

The shares were granted under the companys 2024 Amended Omnibus Stock Incentive Plan.