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Arbor Realty Trust (NYSE: ABR) family vehicles move 750K units in estate transfer

(Neutral)
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Natalone John reported reported sale transactions in this Form 4 filing.

Arbor Realty Trust EVP and director John Natalone reported transactions for The KFT 2018 NY Trust, disposing of 375,000 Partnership Common Units and 375,000 shares of Special Voting Preferred Stock on August 5, 2026, with 327,335 of each security remaining in that trust.

Footnotes state that CEO Ivan Kaufman purchased these securities from the trust, an estate-planning vehicle, for a total fair value of approximately $1.9 million, or $5.17 per share. These vehicles were created for Mr. Kaufman’s immediate family; Mr. Natalone has voting and investment power over them but disclaims beneficial ownership.

Positive

  • None.

Negative

  • None.
Insider Natalone John
Role EVP
Sold 750,000 shs
Type Security Shares Price Value
Sale Partnership Common Units F3, F1, F2 375,000 -- --
Sale Special Voting Preferred Stock, par value $0.01 per share F1, F2 375,000 -- --
holding Partnership Common Units F3 -- -- --
holding Partnership Common Units F3, F2 -- -- --
holding Special Voting Preferred Stock, par value $0.01 per share -- -- --
holding Special Voting Preferred Stock, par value $0.01 per share F2 -- -- --
Holdings After Transaction: Partnership Common Units — 327,335 shares (Indirect, By: The KFT 2018 NY Trust); Special Voting Preferred Stock, par value $0.01 per share — 327,335 shares (Indirect, By: The KFT 2018 NY Trust); Partnership Common Units — 36,674 shares (Direct); Partnership Common Units — 3,000,000 shares (Indirect, By: The KFT DT LLC); Special Voting Preferred Stock, par value $0.01 per share — 36,674 shares (Direct); Special Voting Preferred Stock, par value $0.01 per share — 3,000,000 shares (Indirect, By: The KFT DT LLC)
Footnotes (3)
  1. F1. On August 5, 2026, Arbor Realty Trust, Inc.'s Chief Executive Officer, Ivan Kaufman, purchased 375,000 Partnership Common Units and Special Voting Preferred Stock with a fair value of approximately $1.9 million from this trust that was set up for estate planning purposes and administered by an independent trustee. The trustee of the trust engaged an external third party valuation firm to assist the trust in deriving the fair market value, which was determined to be $5.17 per share.
  2. F2. These estate planning vehicles were set up for the benefit of the immediate family of Mr. Kaufman. Mr. Natalone has voting and investment power of these vehicles and disclaims beneficial ownership over these securities.
  3. F3. Not applicable.
Partnership Common Units disposed 375,000 units Disposal by The KFT 2018 NY Trust on August 5, 2026
Special Voting Preferred Stock disposed 375,000 shares Disposed on August 5, 2026 in parallel with Partnership Common Units
Fair value of transferred securities approximately $1.9 million Aggregate fair value for 375,000 units and 375,000 preferred shares
Per-share fair market value $5.17 per share Determined by an external valuation firm engaged by the trust
Trust holdings after transaction 327,335 units and 327,335 preferred shares Remaining in The KFT 2018 NY Trust post-disposal
Additional indirect underlying shares 3,000,000 underlying shares Held via Partnership Common Units by The KFT DT LLC
Direct underlying shares 36,674 underlying shares Linked to directly held Partnership Common Units
Partnership Common Units financial
"purchased 375,000 Partnership Common Units and Special Voting Preferred Stock"
Special Voting Preferred Stock financial
"375,000 Partnership Common Units and Special Voting Preferred Stock with a fair value"
estate planning vehicles financial
"These estate planning vehicles were set up for the benefit of the immediate family"
disclaims beneficial ownership financial
"Mr. Natalone has voting and investment power of these vehicles and disclaims beneficial ownership"

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FAQ

What insider transaction involving Arbor Realty Trust (ABR) occurred on August 5, 2026?

On August 5, 2026, a family trust associated with Arbor Realty Trust’s CEO transferred 375,000 Partnership Common Units and 375,000 shares of Special Voting Preferred Stock at a fair value of about $1.9 million, or $5.17 per share.

How many Arbor Realty Trust (ABR) Partnership Common Units were disposed of in this Form 4 event?

The trust over which John Natalone has authority disposed of 375,000 Partnership Common Units. After this transfer, it continued to hold 327,335 Partnership Common Units, while other reported vehicles held additional interests linked to 36,674 and 3,000,000 underlying shares, respectively.

Who bought the Arbor Realty Trust (ABR) securities from the KFT 2018 NY Trust?

Footnotes state that Arbor Realty Trust’s Chief Executive Officer, Ivan Kaufman, purchased the 375,000 Partnership Common Units and corresponding 375,000 Special Voting Preferred Stock from the KFT 2018 NY Trust as part of an estate-planning arrangement.

What price and total value were used for the ABR estate-planning transfer?

An external valuation firm determined a fair market value of $5.17 per share, giving the transferred 375,000 units and 375,000 preferred shares an aggregate fair value of approximately $1.9 million, according to the transaction footnote describing the valuation process.

Does John Natalone beneficially own the Arbor Realty Trust (ABR) securities held in these vehicles?

The disclosure explains that the estate-planning vehicles were set up for Mr. Kaufman’s immediate family. It states that Mr. Natalone has voting and investment power over these vehicles but disclaims beneficial ownership of the reported securities held in them.
SEC Form 4
FORM 4UNITED 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
Estimated average burden
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*
Natalone John

(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)
XDirector10% Owner
XOfficer (give title below)Other (specify below)
EVP
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
08/05/2026
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
CodeVAmount(A) or (D)Price
Special Voting Preferred Stock, par value $0.01 per share08/05/2026S(1)375,000D(1)327,335(2)IBy: The KFT 2018 NY Trust
Special Voting Preferred Stock, par value $0.01 per share36,674D
Special Voting Preferred Stock, par value $0.01 per share3,000,000(2)IBy: The KFT DT LLC
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)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Partnership Common Units(3)08/05/2026S(1)375,00008/05/2026 (3)Common Stock, par value $0.01 per share375,000(2)(1)327,335(2)IBy: The KFT 2018 NY Trust
Partnership Common Units(3) (3) (3)Common Stock, par value $0.01 per share36,67436,674D
Partnership Common Units(3) (3) (3)Common Stock, par value $0.01 per share3,000,000(2)3,000,000(2)IBy: The KFT DT LLC
Explanation of Responses:
1. On August 5, 2026, Arbor Realty Trust, Inc.'s Chief Executive Officer, Ivan Kaufman, purchased 375,000 Partnership Common Units and Special Voting Preferred Stock with a fair value of approximately $1.9 million from this trust that was set up for estate planning purposes and administered by an independent trustee. The trustee of the trust engaged an external third party valuation firm to assist the trust in deriving the fair market value, which was determined to be $5.17 per share.
2. These estate planning vehicles were set up for the benefit of the immediate family of Mr. Kaufman. Mr. Natalone has voting and investment power of these vehicles and disclaims beneficial ownership over these securities.
3. Not applicable.
/s/ John Bishar, Attorney-in-Fact for John Natalone08/05/2026
** Signature of Reporting PersonDate
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)