DigitalBridge (DBRG) director receives $175,000 restricted stock grant after re-election
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Diefenderfer Jeannie reported acquisition or exercise transactions in this Form 4 filing.
DigitalBridge Group, Inc. director Jeannie Diefenderfer received a grant of 11,190 shares of restricted Class A common stock as board compensation. The award was made under the company’s non-executive compensation policy following her recent re-election to the board. These restricted shares are scheduled to vest on June 1, 2027, and bring her direct holdings to 86,074 shares after the grant. The grant value was set at $175,000 and translated into shares using the prior business day’s New York Stock Exchange closing price.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Diefenderfer Jeannie
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 11,190 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 86,074 shares (Direct, null)
Footnotes (1)
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Key Figures
Restricted shares granted: 11,190 shares
Holdings after transaction: 86,074 shares
Grant value: $175,000
+2 more
5 metrics
Restricted shares granted
11,190 shares
Class A Common Stock grant to director
Holdings after transaction
86,074 shares
Director’s direct ownership following grant
Grant value
$175,000
Fixed value used to determine restricted shares
Vesting date
June 1, 2027
Scheduled vesting of restricted shares
Security type
Class A Common Stock
Non-derivative equity award
Key Terms
restricted Class A common stock, non-executive compensation policy, vest, closing price
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.
closing price financial
"determined by dividing the fixed grant value of $175,000 by the closing price of the Issuer's common stock"
FAQ
What did DigitalBridge (DBRG) director Jeannie Diefenderfer report on this Form 4?
Jeannie Diefenderfer reported receiving 11,190 shares of restricted Class A common stock. The shares were granted as part of DigitalBridge’s non-executive director compensation program following her recent re-election to the board of directors.
What is the disclosed value of Jeannie Diefenderfer’s restricted stock grant from DigitalBridge (DBRG)?
The restricted stock grant has a fixed disclosed value of $175,000. DigitalBridge determined the number of restricted shares by dividing this fixed value by the closing price of its common stock on the business day before the grant date.