DigitalBridge (DBRG) CEO covers tax bill with 40,330 withheld shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
DigitalBridge Group, Inc. CEO Marc C. Ganzi reported a routine tax-withholding transaction involving company stock. On the vesting of earlier equity grants, the issuer withheld 40,330 shares of Class A common stock to cover withholding taxes at an implied value of $15.37 per share. This was not an open-market sale. After this withholding, Ganzi directly holds 548,696 shares of Class A common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Ganzi Marc C
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Class A Common Stock | 40,330 | $15.37 | $620K |
Holdings After Transaction:
Class A Common Stock — 548,696 shares (Direct)
Footnotes (1)
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FAQ
What did DigitalBridge (DBRG) CEO Marc Ganzi report in this Form 4?
Marc Ganzi reported a tax-withholding transaction, where the issuer withheld 40,330 shares of Class A common stock to satisfy taxes on vesting equity awards. This is a routine administrative event, not an open-market purchase or sale of shares.
Was this DigitalBridge (DBRG) Form 4 an open-market sale by the CEO?
No, this was not an open-market sale. The Form 4 uses code “F,” indicating shares were withheld by the issuer to cover tax obligations from vesting stock, rather than sold by Marc Ganzi on the open market for discretionary portfolio reasons.
What does transaction code “F” mean in the DigitalBridge (DBRG) Form 4?
Transaction code “F” means shares were disposed of to pay an exercise price or tax liability. Here, 40,330 shares were withheld by DigitalBridge to satisfy withholding taxes on vested stock, a standard, non-market, compensation-related event for the CEO.