DigitalBridge director granted 11,190 restricted shares
DigitalBridge Group, Inc. director David Tolley received a grant of 11,190 shares of restricted Class A common stock as part of the company’s non-executive compensation policy following his recent re-election to the board.
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Rhea-AI Filing Summary
DigitalBridge Group, Inc. director David Tolley received a grant of 11,190 shares of restricted Class A common stock as part of the company’s non-executive compensation policy following his recent re-election to the board. The award was valued at $175,000 and carries no cash exercise price.
The restricted shares are scheduled to vest on June 1, 2027, meaning Tolley must satisfy the vesting conditions before they fully become his. After this grant, he directly holds 58,997 shares of Class A common stock.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 11,190 | $0.00 | $0.00 |
Footnotes (1)
- F1. Represents the receipt of restricted Class A common stock granted by the Issuer to the reporting person in accordance with the Issuer's non-executive compensation policy in connection with the reporting person's recent re-election to the Issuer's board of directors. The restricted shares are scheduled to vest on June 1, 2027. The number of restricted shares 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
restricted Class A common stock financial
non-executive compensation policy financial
vest financial
fixed grant value financial
closing price financial
FAQ
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What did DigitalBridge (DBRG) director David Tolley report in this Form 4?
How was the value of David Tolley’s restricted stock grant at DigitalBridge (DBRG) determined?
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