DigitalBridge (DBRG) director adds 36 deferred stock units via dividend equivalents
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DigitalBridge Group director Rasheed Shaka reported a routine compensation-related adjustment involving deferred stock units. The filing shows 36 Deferred Stock units credited on April 15, 2026 under dividend equivalent rights tied to previously granted Deferred Stock that reflects his election to defer equity compensation under the company's non-executive director compensation policy.
Following this transaction, Shaka holds 54,989 Deferred Stock units. According to the disclosure, Deferred Stock has no expiration date and is payable in DigitalBridge Class A Common Stock on a one-for-one basis after his separation from service, with 10 of the new units scheduled to vest on May 30, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Rasheed Shaka
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Other | Deferred Stock | 36 | $15.58 | $560.88 |
Holdings After Transaction:
Deferred Stock — 54,989 shares (Direct)
Footnotes (1)
- Represents deferred stock units ("Deferred Stock") granted pursuant to dividend equivalent rights on Deferred Stock previously granted by the Issuer in respect of the reporting person's election to defer equity compensation payable in accordance with the Issuer's non-executive director compensation policy, 10 of which are scheduled to vest on May 30, 2026. Deferred Stock has no expiration date and is payable in the Issuer's Class A Common Stock, on a one-for-one basis, after the reporting person's separation from service with the Issuer.
Key Figures
Deferred Stock units granted: 36 units
Implied reference price: $15.58 per unit
Deferred Stock holdings after transaction: 54,989 units
+1 more
4 metrics
Deferred Stock units granted
36 units
Credited on April 15, 2026 via dividend equivalent rights
Implied reference price
$15.58 per unit
Price field associated with the 36 Deferred Stock units
Deferred Stock holdings after transaction
54,989 units
Total Deferred Stock units following the reported transaction
Deferred Stock units vesting
10 units
Portion of new Deferred Stock scheduled to vest on May 30, 2026
Key Terms
Deferred Stock, dividend equivalent rights, non-executive director compensation policy, separation from service
4 terms
Deferred Stock financial
"Represents deferred stock units ("Deferred Stock") granted pursuant to dividend equivalent rights"
dividend equivalent rights financial
"granted pursuant to dividend equivalent rights on Deferred Stock previously granted"
Dividend equivalent rights are promises that mirror the cash payments shareholders get from a company’s profits, but they are paid to holders of certain awards (like stock options or restricted stock units) rather than to actual shares. Think of them as a paycheck top‑up that matches dividends while the award is not yet a real stock, and they matter to investors because they add to employee compensation costs and potential share dilution, affecting company profitability and per‑share value.
non-executive director compensation policy financial
"in accordance with the Issuer's non-executive director compensation policy"
separation from service financial
"payable in the Issuer's Class A Common Stock ... after the reporting person's separation from service"
FAQ
What insider transaction did DigitalBridge (DBRG) director Rasheed Shaka report?
Rasheed Shaka reported a routine adjustment of 36 Deferred Stock units on April 15, 2026. These units arose from dividend equivalent rights linked to prior Deferred Stock granted under his election to defer equity compensation as a non-executive director of DigitalBridge Group.
How many Deferred Stock units does Rasheed Shaka hold in DigitalBridge (DBRG) after this Form 4?
After the reported transaction, Rasheed Shaka holds 54,989 Deferred Stock units. This total reflects his accumulated Deferred Stock, including the 36 new units credited through dividend equivalent rights on previously granted Deferred Stock under the non-executive director compensation policy.
When do the newly credited DigitalBridge (DBRG) Deferred Stock units vest for Rasheed Shaka?
Of the 36 newly credited Deferred Stock units, 10 are scheduled to vest on May 30, 2026. The vesting schedule is tied to DigitalBridge’s non-executive director compensation policy and applies specifically to these dividend-equivalent Deferred Stock units granted to Rasheed Shaka.
What does Deferred Stock mean in Rasheed Shaka’s DigitalBridge (DBRG) filing?
Deferred Stock represents stock units granted instead of immediate equity, with payout deferred until separation from service. In this case, the units have no expiration date and are payable in DigitalBridge Class A Common Stock on a one-for-one basis after Rasheed Shaka leaves the company.
How are dividend equivalent rights used in DigitalBridge (DBRG) director compensation?
Dividend equivalent rights credit additional Deferred Stock units when dividends are paid on underlying shares. For Rasheed Shaka, 36 Deferred Stock units were granted as dividend equivalents on previously awarded Deferred Stock that arose from his election to defer equity compensation as a non-executive director.