Arbor Realty director gets 379 RSUs in dividend swap
ARBOR REALTY TRUST INC (ABR) reported that director Kenneth J. Bacon received a grant of 379 Restricted Stock Units (RSUs)36,224 RSUs.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Form Type
4
Rhea-AI Filing Summary
ARBOR REALTY TRUST INC (ABR) reported that director Kenneth J. Bacon received a grant of 379 Restricted Stock Units (RSUs)36,224 RSUs. Mr. Bacon has elected to defer both the dividend equivalents and receipt of the common stock issuable upon RSU conversion until January 1, 2027, or earlier upon a change in control or the end of his board service, under a pre-established deferral election.
Insider Trade Summary
Grant/Award: 379 shares
Grant/Award
1 txn
Insider
BACON KENNETH J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units F1 | 379 | $5.02 | $2K |
Holdings After Transaction:
Restricted Stock Units — 36,224 contracts (Direct)
Footnotes (1)
- F1. On August 28, 2026, Mr. Bacon received 379 fully vested Restricted Stock Units ("RSUs") of Arbor Realty Trust, Inc. in lieu of the dividend equivalent due on the portion of Mr. Bacon's existing RSUs in which he made such election. Mr. Bacon has elected to defer his dividend equivalents and receipt of the common stock into which the RSUs are converted until January 1, 2027, or sooner upon a change in control or his service as a director is terminated, pursuant to a pre-established deferral election.
Key Figures
RSUs granted: 379 RSUs
RSUs held after transaction: 36,224 RSUs
Deferral date: January 1, 2027
3 metrics
RSUs granted
379 RSUs
Fully vested RSUs received on August 28, 2026 in lieu of dividend equivalents
RSUs held after transaction
36,224 RSUs
Total RSU holdings reported following the August 28, 2026 award
Deferral date
January 1, 2027
Date to which Mr. Bacon elected to defer dividend equivalents and receipt of common stock
Key Terms
Restricted Stock Units, dividend equivalent, change in control, deferral election
4 terms
Restricted Stock Units financial
"Mr. Bacon received 379 fully vested Restricted Stock Units ("RSUs") of Arbor Realty Trust"
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
dividend equivalent financial
"in lieu of the dividend equivalent due on the portion of Mr. Bacon's existing RSUs"
A dividend equivalent is a payment someone receives that matches the cash dividends paid on a stock, even though they don’t actually hold the shares. It often shows up in stock-based pay or certain derivatives, and matters to investors because it preserves the income value and alters the after-tax return and timing of payouts — think of it like getting a paycheck for the dividends you would have earned if you owned the stock directly.
change in control financial
"until January 1, 2027, or sooner upon a change in control or his service"
A "change in control" occurs when the ownership or management of a company shifts significantly, such as through a merger, acquisition, or sale of a large part of its assets. This change can impact how the company is run and may influence its future direction. For investors, it matters because it can affect the company's stability, strategy, and value, often signaling potential changes in investment risk or opportunity.
deferral election financial
"pursuant to a pre-established deferral election"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did ABR director Kenneth J. Bacon report on this Form 4?
Kenneth J. Bacon reported acquiring 379 fully vested RSUs of Arbor Realty Trust, Inc. on August 28, 2026. The RSUs were issued in lieu of the dividend equivalents due on a portion of his existing RSUs, pursuant to his prior election.
How many Arbor Realty Trust (ABR) RSUs does Kenneth J. Bacon hold after this transaction?
After the August 28, 2026 award, Kenneth J. Bacon holds 36,224 Restricted Stock Units (RSUs) linked to Arbor Realty Trust, Inc. common stock, as reported in the Form 4.
Why did ABR grant 379 RSUs to Kenneth J. Bacon?
Arbor Realty Trust, Inc. granted 379 fully vested RSUs to Kenneth J. Bacon in lieu of the cash dividend equivalent payable on a portion of his existing RSUs, consistent with his election to receive dividend equivalents in RSUs instead of cash.
When will Kenneth J. Bacon receive ABR common stock underlying these RSUs?
Kenneth J. Bacon has elected to defer receipt of the Arbor Realty Trust, Inc. common stock underlying his RSUs until January 1, 2027, or earlier if a change in control occurs or his service as a director ends, under a pre-established deferral election.
Are the newly granted ABR RSUs to Kenneth J. Bacon vested?
Yes. The Form 4 footnote states that on August 28, 2026, Kenneth J. Bacon received 379 fully vested RSUs of Arbor Realty Trust, Inc. as the form of payment for dividend equivalents on his existing RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
