DigitalBridge director disposes of 68,751 merger shares
The right to receive $16.00 per share was in cash, without interest and less any applicable withholding tax.
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Rhea-AI Filing Summary
Gregory James McCray, a director of DigitalBridge Group, Inc. (DBRG), disposed of 68,751 directly held Class A common shares on September 30, 2026, in connection with the merger; his reported direct holdings afterward were 0 shares. The shares converted into a right to receive $16.00 per share in cash. The total included 11,190 restricted shares, which vested immediately before the effective time and converted into the same consideration plus a cash payment equal to accumulated dividend equivalents, if any. No Rule 10b5-1 plan is reported.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Class A Common Stock F1, F2 | 68,751 | $16.00 | $1.10M |
Footnotes (2)
- F1. On September 30, 2026, pursuant to an Agreement and Plan of Merger, dated as of December 29, 2025 (the "Merger Agreement"), by and among DigitalBridge Group, Inc. (the "Issuer"), Duncan Holdco LLC, Duncan Sub I Inc. ("Merger Sub I"), Duncan Sub II LLC and DigitalBridge Operating Company, LLC, among other things, Merger Sub I merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of the Issuer's common stock, par value $0.01 per share, (other than certain excluded shares) automatically converted into the right to receive $16.00 per share in cash, without interest and less any applicable withholding tax (the "Per Share Merger Consideration"). Pursuant to the Merger Agreement, as of the Effective Time, each deferred stock unit outstanding became fully vested, was cancelled and converted into the right to receive the Per Share Merger Consideration.
- F2. Includes 11,190 shares of restricted Class A Common Stock. As of immediately prior to the Effective Time, each outstanding share of restricted Class A Common Stock granted to the reporting person by the Issuer became fully vested, and as of the Effective Time, automatically converted into the right to receive the Per Share Merger Consideration plus a cash payment equal to the accumulated dividend equivalents as of immediately prior to the Effective Time (if any) in respect of such share of restricted Class A Common Stock.
Key Figures
Key Terms
Effective Time technical
deferred stock unit financial
accumulated dividend equivalents financial
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