Arbor Realty director swaps 26,700 ABR shares
Arbor Realty Trust director George Tsunis reported offsetting stock trades that left his overall share count unchanged.
Rhea-AI Filing Summary
Arbor Realty Trust director George Tsunis reported offsetting stock trades that left his overall share count unchanged. On June 4, 2026, he sold 26,700 shares of common stock in an open-market sale at about $5.57 per share and repurchased 26,700 shares in an open-market purchase at an average price of about $5.58 per share.
A footnote explains that, for tax planning purposes, he sold shares held directly and repurchased the same number through his Individual Retirement Account. After these transactions, he directly holds 30,000 shares and indirectly holds 2,000 shares as custodian for each of his daughters, Eleni and Yanna.
Positive
- None.
Negative
- None.
Insider Trade Summary
4 transactions reported
Mixed
4 txns
Insider
Tsunis George
Role
Director
Bought
26,700 shs ($149K)
Sold
26,700 shs ($149K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.01 per share | 26,700 | $5.58 | $149K |
| Sale | Common Stock, par value $0.01 per share | 26,700 | $5.57 | $149K |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
| holding | Common Stock, par value $0.01 per share | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 30,000 shares (Direct);
Common Stock, par value $0.01 per share — 2,000 shares (Indirect, Held as custodian for his daughter Yanna Tsunis);
Common Stock, par value $0.01 per share — 2,000 shares (Indirect, Held as custodian for his daughter Eleni Tsunis)
Footnotes (2)
- F1. For tax planning purposes, Mr. Tsunis is selling shares held directly and repurchasing the same number of shares through his Individual Retirement Account.
- F2. Represents the average cost per share. The shares purchased on June 4, 2026 were purchased at various prices ranging from $5.57 - $5.59 per share.
Key Figures
Shares sold: 26,700 shares
Sale price: $5.57 per share
Shares purchased: 26,700 shares
+5 more
8 metrics
Shares sold
26,700 shares
Open-market sale on June 4, 2026 at about $5.57
Sale price
$5.57 per share
Common stock sale on June 4, 2026
Shares purchased
26,700 shares
Open-market purchase on June 4, 2026 at about $5.58
Purchase average price
$5.58 per share
Average cost; trades between $5.57 and $5.59
Direct holdings after trades
56,700 shares
Common stock directly owned after June 4, 2026 transactions
Indirect holdings for Eleni
2,000 shares
Held as custodian for daughter Eleni Tsunis
Indirect holdings for Yanna
2,000 shares
Held as custodian for daughter Yanna Tsunis
Net buy/sell shares
0 shares
Equal buy and sell of 26,700 shares each
Key Terms
open-market sale, open-market purchase, Individual Retirement Account, custodian, +1 more
5 terms
open-market sale financial
"Sale in open market or private transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
open-market purchase financial
"Purchase in open market or private transaction"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Individual Retirement Account financial
"repurchasing the same number of shares through his Individual Retirement Account"
A tax-advantaged retirement account owned by an individual that holds investments such as stocks, bonds, mutual funds or cash and is governed by rules about how much can be contributed and when money can be withdrawn. It matters to investors because the account’s specific tax rules and withdrawal limits affect how savings grow and when taxes are paid; think of it as a labeled box for retirement money that comes with special tax treatment and rules about when you can open it.
custodian financial
"Held as custodian for his daughter Eleni Tsunis"
A custodian is a financial institution that holds and safeguards an investor's assets—such as stocks, bonds, or cash—and records transactions on the investor's behalf. Think of it as a trusted caretaker or safe-deposit box for investments; it helps prevent loss or theft, handles paperwork and transfers, and provides transparency and regulatory checks, so investors can focus on decisions rather than the mechanics or security of asset storage.
tax planning purposes financial
"For tax planning purposes, Mr. Tsunis is selling shares"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Arbor Realty Trust (ABR) director George Tsunis do in this Form 4?
George Tsunis reported a same-day sale and purchase of Arbor Realty Trust common stock. He sold 26,700 shares and repurchased 26,700 shares, resulting in no net change in the number of shares he beneficially owns.
Why did George Tsunis execute offsetting trades in Arbor Realty Trust (ABR) stock?
A footnote explains the trades were for tax planning purposes. He sold shares held directly and repurchased the same number of shares through his Individual Retirement Account, keeping his overall share count unchanged while shifting where the shares are held.
Were George Tsunis’s Arbor Realty Trust (ABR) trades open-market transactions?
Yes. The Form 4 describes the sale as an open-market or private transaction coded as “S” and the purchase as an open-market or private transaction coded as “P,” both involving Arbor Realty Trust common stock on the same trading date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
