DigitalBridge (DBRG) CFO has 15,009 shares withheld for tax obligations
Rhea-AI Filing Summary
DigitalBridge Group, Inc. reported that its CFO and Treasurer, Thomas B. Mayrhofer, had 15,009 shares of Class A common stock withheld by the company at a price of $15.37 per share. According to the filing, these shares were withheld to cover tax obligations arising from the vesting of previously granted stock awards, rather than sold on the open market. After this tax-withholding disposition, Mayrhofer directly holds 156,062 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 15,009 shares
Net Sell
1 txn
Insider
Mayrhofer Thomas B
Role
CFO and Treasurer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 15,009 | $15.37 | $231K |
Holdings After Transaction:
Class A Common Stock — 156,062 shares (Direct)
Footnotes (1)
- F1. The shares were withheld by the Issuer in satisfaction of withholding taxes incurred in connection with the vesting of certain shares of Class A common stock acquired through prior grants
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FAQ
What insider transaction did DigitalBridge (DBRG) report for its CFO?
DigitalBridge reported a tax-related share disposition by its CFO. The company withheld 15,009 Class A common shares at $15.37 each to cover taxes on vesting stock awards, rather than an open-market sale.
Was the DigitalBridge (DBRG) CFO’s Form 4 transaction an open-market sale?
The transaction was not an open-market sale. Shares were withheld by DigitalBridge to cover tax liabilities from vesting equity awards, classified as a tax-withholding disposition rather than a discretionary buy or sell in the market.
What does transaction code F mean in the DigitalBridge (DBRG) Form 4?
Transaction code F indicates a tax-withholding disposition. In this case, DigitalBridge withheld 15,009 Class A shares from the CFO to satisfy withholding taxes due upon the vesting of certain previously granted stock awards.