DigitalBridge executive reports tax-withheld DBRG shares
DigitalBridge Group, Inc. President & CIO Benjamin J. Jenkins reported a routine tax-related share disposition.
Rhea-AI Filing Summary
DigitalBridge Group, Inc. President & CIO Benjamin J. Jenkins reported a routine tax-related share disposition. On the reported date, 22,656 shares of Class A common stock were withheld by the company to cover withholding taxes due on the vesting of previously granted stock awards. After this non-market transaction, Jenkins directly holds 169,313 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 22,656 shares
Exercise Price or Tax Liability
1 txn
Insider
Jenkins Benjamin J.
Role
President & CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Class A Common Stock | 22,656 | $15.37 | $348K |
Holdings After Transaction:
Class A Common Stock — 169,313 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
FAQ
What did DigitalBridge (DBRG) executive Benjamin Jenkins report in this Form 4?
Benjamin Jenkins reported a tax-withholding disposition of 22,656 DBRG Class A shares. The shares were withheld by the company to satisfy tax obligations from vesting equity awards, not sold on the open market.
Was the DigitalBridge (DBRG) Form 4 transaction an open-market sale?
No, the Form 4 shows a non-market tax withholding, coded “F.” Shares were delivered back to DigitalBridge to cover taxes from vesting stock, rather than being sold on an exchange to outside investors.
What does transaction code "F" mean in the DigitalBridge (DBRG) Form 4?
Code “F” indicates shares were used to pay taxes or exercise costs on equity awards. In this case, DBRG withheld shares from Benjamin Jenkins to cover tax liabilities from the vesting of earlier stock grants.
AI-generated analysis. How Rhea-AI works. Not financial advice.