Arbor Realty director granted 1,730 RSUs
Arbor Realty Trust director Melvin F. Lazar received 1,730 fully vested Restricted Stock Units (RSUs) as a grant in lieu of dividend equivalents on his existing RSUs.
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Form Type
4
Rhea-AI Filing Summary
Arbor Realty Trust director Melvin F. Lazar received 1,730 fully vested Restricted Stock Units (RSUs) as a grant in lieu of dividend equivalents on his existing RSUs. These RSUs convert into common stock, but he has elected to defer receiving the shares until his board service ends or an earlier change in control. Following this grant, he directly holds 54,424 RSUs.
Insider Trade Summary
Grant/Award: 1,730 shares
Grant/Award
1 txn
Insider
LAZAR MELVIN F
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 1,730 | $5.18 | $9K |
Holdings After Transaction:
Restricted Stock Units — 54,424 contracts (Direct)
Footnotes (1)
- F1. On June 15, 2026, Mr. Lazar received 1,730 fully vested Restricted Stock Units ("RSUs") of Arbor Realty Trust, Inc. in lieu of the dividend equivalent due on Mr. Lazar's existing RSUs. Mr. Lazar 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.
Key Figures
RSUs granted: 1,730 RSUs
Grant reference price: $5.18 per RSU
RSUs after transaction: 54,424 RSUs
3 metrics
RSUs granted
1,730 RSUs
Fully vested grant in lieu of dividend equivalents on existing RSUs
Grant reference price
$5.18 per RSU
Price per unit reported for the RSU grant
RSUs after transaction
54,424 RSUs
Total Restricted Stock Units held directly by Melvin F. Lazar after the grant
Key Terms
Restricted Stock Units, dividend equivalent, deferral election, change in control
4 terms
Restricted Stock Units financial
"Mr. Lazar received 1,730 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. Lazar'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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Arbor Realty Trust (ABR) report for Melvin F. Lazar?
Arbor Realty Trust reported that director Melvin F. Lazar received 1,730 fully vested RSUs as a grant in lieu of dividend equivalents on his existing RSUs. These RSUs convert into common stock but are subject to a deferral election on settlement.
Was the ABR Form 4 transaction a stock purchase or sale by the director?
The Form 4 shows no open-market purchase or sale. Instead, Melvin F. Lazar received 1,730 RSUs as a compensation-related grant tied to dividend equivalents on existing RSUs, a non-market transaction rather than a discretionary buy or sell.
How many Restricted Stock Units does Melvin F. Lazar hold after this ABR transaction?
After the grant of 1,730 RSUs, Melvin F. Lazar holds a total of 54,424 Restricted Stock Units. These units represent the right to receive Arbor Realty Trust common shares according to the company’s equity award and deferral terms.
Why did Melvin F. Lazar receive 1,730 RSUs from Arbor Realty Trust (ABR)?
He received 1,730 fully vested RSUs in lieu of the dividend equivalent that was due on his existing RSUs. The company settled this dividend-equivalent entitlement by granting additional RSUs instead of paying cash, consistent with its compensation structure.
When will Melvin F. Lazar receive ABR common stock from these RSUs?
According to the disclosure, Lazar elected to defer his dividend equivalents and receipt of the common stock until his service as a director terminates, or earlier upon a change in control, under a pre-established deferral election arrangement with Arbor Realty Trust.
What is the significance of the deferral election in this ABR Form 4 filing?
The deferral election means Lazar is not immediately receiving Arbor Realty Trust common shares from his RSUs. Instead, settlement into common stock is postponed until his board service ends or a change in control occurs, aligning payout timing with his director tenure.
AI-generated analysis. How Rhea-AI works. Not financial advice.
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