DigitalBridge (DBRG) director Jay Wintrob granted 11,190 restricted shares as board compensation
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
WINTROB JAY S reported acquisition or exercise transactions in this Form 4 filing.
DigitalBridge Group director Jay S. Wintrob received a grant of 11,190 shares of restricted Class A common stock as board compensation. The award was made in line with the company’s non-executive compensation policy following his recent re-election to the board of directors.
The restricted shares are scheduled to vest on June 1, 2027, aligning his compensation with longer-term performance. After this grant, Wintrob directly holds a total of 19,265 shares of DigitalBridge Group Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
WINTROB JAY S
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 11,190 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 19,265 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 11,190 shares
Holdings after grant: 19,265 shares
Grant value: $175,000
+2 more
5 metrics
Restricted stock grant
11,190 shares
Class A Common Stock granted as director compensation
Holdings after grant
19,265 shares
Total Class A Common Stock directly held after transaction
Grant value
$175,000
Fixed value used to determine restricted share count
Vesting date
June 1, 2027
Scheduled vesting date for restricted Class A shares
Transaction code
A
Grant, award, or other acquisition of non-derivative securities
Key Terms
restricted Class A common stock, non-executive compensation policy, vest, fixed grant value
4 terms
restricted Class A common stock financial
"Represents the receipt of restricted Class A common stock granted by the Issuer"
non-executive compensation policy financial
"granted by the Issuer to the reporting person in accordance with the Issuer's non-executive compensation policy"
vest financial
"The restricted shares are scheduled to vest on June 1, 2027."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
fixed grant value financial
"The number of restricted shares was determined by dividing the fixed grant value of $175,000"
FAQ
What insider transaction did DigitalBridge Group (DBRG) director Jay S. Wintrob report?
Director Jay S. Wintrob reported receiving 11,190 shares of restricted Class A common stock. The shares were granted as part of DigitalBridge Group’s non-executive director compensation policy following his recent re-election to the board of directors.
Is the Jay S. Wintrob Form 4 transaction for DBRG a stock purchase or a grant?
The Form 4 transaction for Jay S. Wintrob is a stock grant, not an open-market purchase. He received 11,190 restricted Class A shares at a stated price of $0.00 per share as compensation for board service.
How was the size of Jay S. Wintrob’s DBRG restricted stock grant determined?
The number of restricted shares was set by dividing a fixed grant value of $175,000 by the closing price of DigitalBridge Group’s common stock on the New York Stock Exchange on the business day before the grant date.