Arbor Realty (ABR) CCO has 3,598 shares withheld to cover tax on vested stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Arbor Realty Trust’s Chief Credit Officer and Head of Non-Agency Product, David Erwin Friedman, reported a tax-related share disposition. On the vesting of common stock, 3,598 shares of Arbor Realty Trust common stock were withheld by the company to cover tax-withholding obligations. This was not an open-market sale. Following this withholding, Friedman directly holds 67,323 shares of Arbor Realty Trust common stock, showing he retains a meaningful equity stake after the routine tax-settlement transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Friedman David Erwin
Role
CCO & Head of Non-Agcy Prod
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock, par value $0.01 per share | 3,598 | $7.67 | $28K |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 67,323 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Arbor Realty Trust (ABR) report for David Erwin Friedman?
Arbor Realty Trust reported that David Erwin Friedman had 3,598 common shares withheld to satisfy tax obligations on vested stock. This was a tax-withholding disposition, not an open-market sale, and reflects routine settlement of equity compensation taxes.
Was the Arbor Realty Trust (ABR) Form 4 transaction an open-market sale?
No, the Form 4 transaction was not an open-market sale. The 3,598 Arbor Realty Trust shares were withheld by the company to cover tax-withholding obligations related to vesting, a non-market, administrative disposition tied to equity compensation.
What does transaction code “F” mean in the Arbor Realty Trust (ABR) Form 4?
Transaction code “F” indicates shares were disposed of to satisfy tax liabilities or exercise costs. In this Arbor Realty Trust filing, 3,598 shares were withheld by the company to cover tax-withholding obligations associated with the vesting of common stock granted as compensation.