ABR director granted 5,555 restricted stock units

BACON KENNETH J reported acquisition or exercise transactions in this Form 4 filing.

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Form Type

Rhea-AI Filing Summary

BACON KENNETH J reported acquisition or exercise transactions in this Form 4 filing.

ARBOR REALTY TRUST INC director Kenneth J. Bacon received a grant of 5,555 fully vested Restricted Stock Units on June 30, 2026. These units were issued under the director deferred compensation plan in lieu of his 2026 cash director fees, which he elected to defer until January 2028 or earlier upon a change in control or the end of his board service. Following this award, he directly holds 35,845 restricted stock units.

Insider Trade Summary

Grant/Award: 5,555 shares

Grant/Award 1 txn

Insider BACON KENNETH J

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Restricted Stock Units	5,555	$5.40	$30K

Holdings After Transaction: Restricted Stock Units — 35,845 contracts (Direct)

Footnotes (1)

F1. Mr. Bacon has elected to defer his cash compensation earned in 2026 for his service as a director until January 2028, or sooner upon a change in control or his service as a director is terminated, pursuant to a pre-established deferral election. Therefore, Mr. Bacon received 5,555 fully vested Restricted Stock Units of Arbor Realty Trust, Inc. (the "Company") on June 30, 2026 (the date the Company paid out the cash compensation to its directors), pursuant to the terms of the director deferred compensation plan, in lieu of his cash compensation earned.

Key Figures

RSUs granted: 5,555 units Grant valuation reference price: $5.4000 per unit RSUs after transaction: 35,845 units +2 more

5 metrics

RSUs granted 5,555 units Fully vested Restricted Stock Units granted June 30, 2026

Grant valuation reference price $5.4000 per unit Price per unit used in the Form 4 for this RSU award

RSUs after transaction 35,845 units Total Restricted Stock Units directly held after the award

Deferral end date January 2028 Scheduled payout timing for deferred 2026 director cash compensation

RSU vesting status Fully vested Status of the 5,555 Restricted Stock Units received

Key Terms

Restricted Stock Units, director deferred compensation plan, change in control, pre-established deferral election

4 terms

Restricted Stock Units financial

"Therefore, Mr. Bacon received 5,555 fully vested Restricted Stock Units 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.

director deferred compensation plan financial

"pursuant to the terms of the director deferred compensation plan, in lieu of his cash compensation earned."

change in control financial

"until January 2028, or sooner upon a change in control or his service as a director is terminated"

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.

pre-established 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 receiving 5,555 fully vested Restricted Stock Units of Arbor Realty Trust Inc. This award represents deferred compensation for his 2026 director service, taken in stock units instead of cash under the company’s director deferred compensation plan.

How many Restricted Stock Units did Kenneth J. Bacon receive from Arbor Realty Trust (ABR)?

He received 5,555 Restricted Stock Units. These units were granted on June 30, 2026, as fully vested awards in lieu of cash director fees he earned for 2026 under a pre-established deferral election.

Why did Kenneth J. Bacon receive Restricted Stock Units instead of cash from ABR?

He elected to defer his 2026 cash compensation for board service until January 2028 or earlier upon certain events. Under this deferred compensation election, his earned cash fees were paid in 5,555 fully vested Restricted Stock Units rather than immediate cash.

When will Kenneth J. Bacon’s deferred ABR director compensation become payable?

His deferred compensation is scheduled to be payable in January 2028. It may become payable earlier if there is a change in control of Arbor Realty Trust Inc. or if his service as a director ends before that date, according to the plan terms.

What are Kenneth J. Bacon’s holdings after this ABR Restricted Stock Unit award?

After the award, he directly holds 35,845 Restricted Stock Units linked to Arbor Realty Trust Inc. These units reflect his accumulated deferred and stock-based director compensation, as shown in the reported total following this transaction.

Is the ABR Form 4 transaction a market purchase or sale of shares?

No, the transaction is a compensation-related award, not a market trade. It reflects a grant of 5,555 fully vested Restricted Stock Units issued under a director deferred compensation plan, rather than an open-market purchase or sale of Arbor Realty Trust stock.

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Accepted by SEC EDGAR 07/01/2026 - 04:15 PM EDT

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^*

BACON KENNETH J

(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)
06/30/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)

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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Restricted Stock Units	⁽¹⁾	06/30/2026		A⁽¹⁾		5,555		⁽¹⁾	⁽¹⁾	Common Stock, par value $0.01 per share	5,555	$5.4	35,845	D

Explanation of Responses:

1. Mr. Bacon has elected to defer his cash compensation earned in 2026 for his service as a director until January 2028, or sooner upon a change in control or his service as a director is terminated, pursuant to a pre-established deferral election. Therefore, Mr. Bacon received 5,555 fully vested Restricted Stock Units of Arbor Realty Trust, Inc. (the "Company") on June 30, 2026 (the date the Company paid out the cash compensation to its directors), pursuant to the terms of the director deferred compensation plan, in lieu of his cash compensation earned.

	/s/ John Bishar, Attomey-in-Fact for Kenneth J. Bacon	07/01/2026
	** 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)

Source: View Original Filing on SEC EDGAR