DigitalBridge director disposes of 53,020 stock units
The merger terms set cash consideration at $16.00 per share for each deferred stock unit, subject to applicable withholding tax.
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Rhea-AI Filing Summary
DigitalBridge Group, Inc. director James Keith Brown disposed of 53,020 deferred stock units on September 30, 2026. Under the merger terms, each outstanding deferred stock unit became fully vested, was cancelled and converted into the right to receive $16.00 per share in cash, without interest and less applicable withholding tax. Brown reported zero deferred stock units following the transaction.
Insights
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Disposition | Deferred Stock F1 | 53,020 | $16.00 | $848K |
Footnotes (1)
- F1. On September 30, 2026, pursuant to an Agreement and Plan of Merger, dated as of December 29, 2025 (the "Merger Agreement"), by and among DigitalBridge Group, Inc. (the "Issuer"), Duncan Holdco LLC, Duncan Sub I Inc. ("Merger Sub I"), Duncan Sub II LLC and DigitalBridge Operating Company, LLC, among other things, Merger Sub I merged with and into the Issuer (the "Merger") with the Issuer surviving the Merger. At the effective time of the Merger (the "Effective Time"), each issued and outstanding share of the Issuer's common stock, par value $0.01 per share, (other than certain excluded shares) automatically converted into the right to receive $16.00 per share in cash, without interest and less any applicable withholding tax (the "Per Share Merger Consideration"). Pursuant to the Merger Agreement, as of the Effective Time, each deferred stock unit outstanding became fully vested, was cancelled and converted into the right to receive the Per Share Merger Consideration.
Key Figures
Key Terms
deferred stock unit financial
Effective Time technical
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How many DBRG deferred stock units did director James Keith Brown dispose of?
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