Arbor Realty (NYSE: ABR) director gets 2,064 RSUs as dividend award

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 2,064 fully vested Restricted Stock Units as a dividend-related award. The RSUs were granted in lieu of dividend equivalents on his existing RSUs, at a reference price of $5.18 per unit, bringing his directly held RSUs to 64,955.

Mr. Green has elected to defer both the dividend equivalents and receipt of the common stock underlying these RSUs until his board service ends, or earlier upon a change in control, under a pre-established deferral election.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Green William C

Role null

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	2,064	$5.18	$11K

Holdings After Transaction: Restricted Stock Units — 64,955 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

RSUs granted: 2,064 RSUs Reference price per RSU: $5.18 per unit RSUs held after transaction: 64,955 RSUs

3 metrics

RSUs granted 2,064 RSUs Fully vested award on June 15, 2026 in lieu of dividend equivalents

Reference price per RSU $5.18 per unit Reported transaction price per RSU for the 2,064-unit grant

RSUs held after transaction 64,955 RSUs Total Restricted Stock Units directly held by William C. Green after grant

Key Terms

Restricted Stock Units, dividend equivalent, deferral election, change in control

4 terms

Restricted Stock Units financial

"Mr. Green received 2,064 fully vested Restricted Stock Units ("RSUs") of Arbor Realty Trust, Inc."

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 Mr. Green'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.

deferral election financial

"pursuant to a pre-established deferral election"

change in control financial

"until his service as a director is terminated, or sooner upon a change in control"

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.

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Form 4 Insider Transactions: What Each Field Means →

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
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^*

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)
06/15/2026

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)	06/15/2026		A(1)		2,064		(1)	(1)	Common Stock, par value $0.01 per share	2,064	$5.18	64,955	D

Explanation of Responses:

1. On June 15, 2026, Mr. Green received 2,064 fully vested Restricted Stock Units ("RSUs") of Arbor Realty Trust, Inc. in lieu of the dividend equivalent due on Mr. Green's existing RSUs. 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	06/16/2026
	** 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 insider transaction did Arbor Realty Trust (ABR) report for William C. Green?

Arbor Realty Trust reported that director William C. Green received 2,064 fully vested RSUs. These units were granted as a dividend-equivalent award on his existing RSUs and increase his directly held RSU balance to 64,955 under the company’s equity compensation arrangements.

Were the new Arbor Realty Trust (ABR) RSUs for William Green an open-market purchase?

No, the 2,064 RSUs were not an open-market purchase. They were granted as a compensation-related award in lieu of cash dividend equivalents on his existing RSUs, reflecting routine equity-based director compensation rather than a discretionary stock buy in the market.

How many Restricted Stock Units does William C. Green hold after this Arbor Realty (ABR) grant?

After the grant of 2,064 RSUs, William C. Green holds 64,955 RSUs directly. This figure reflects the updated balance reported in the filing and shows his continuing equity-based stake through Arbor Realty Trust’s restricted stock unit program.

When will William Green receive Arbor Realty Trust (ABR) common stock from these RSUs?

Mr. Green elected to defer receipt of common stock underlying his RSUs. He will receive the shares when his service as a director ends, or earlier if a change in control occurs, consistent with his pre-established deferral election terms.

What is the purpose of the 2,064 Arbor Realty Trust (ABR) RSUs granted to William Green?

The 2,064 RSUs represent dividend equivalents on Mr. Green’s existing RSUs. Instead of receiving cash dividends, he received fully vested RSUs, aligning his compensation more closely with shareholder returns through additional equity tied to Arbor Realty Trust stock.