DigitalBridge (NYSE: DBRG) awards $175,000 in deferred stock to director
Rhea-AI Filing Summary
Rasheed Shaka reported acquisition or exercise transactions in this Form 4 filing.
DigitalBridge Group, Inc. director Rasheed Shaka received a grant of 11,190 deferred stock units as equity compensation under the company’s non-executive director compensation policy. These units represent deferred stock payable in Class A common stock on a one-for-one basis after his separation from service.
The deferred stock is scheduled to vest on June 1, 2027. The grant size was determined by dividing a fixed value of $175,000 by the prior business day’s New York Stock Exchange closing price of DigitalBridge common stock. Following this grant, Shaka holds 66,179 deferred stock units.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock | 11,190 | $0.00 | -- |
Footnotes (1)
- Represents the receipt of deferred stock units ("Deferred Stock") granted by the Issuer in respect of the reporting person's election to defer equity compensation payable in accordance with the Issuer's non-executive director compensation policy in connection with the reporting person's recent election to the Issuer's board of directors. Deferred Stock has no expiration date and is payable in the Issuer's Class A Common Stock, on a one-for-one basis, after the reporting person's separation from service with the Issuer. The Deferred Stock is scheduled to vest on June 1, 2027. The amount of Deferred Stock was determined by dividing the fixed grant value of $175,000 by the closing price of the Issuer's common stock on the New York Stock Exchange on the business day prior to the grant date.
Key Figures
Key Terms
Deferred Stock financial
non-executive director compensation policy financial
deferred stock units financial
Class A Common Stock financial
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