Is the 90,910-share transaction in Douglas Elliman (DOUG) a market buy or sell?

The 90,910-share transaction is a grant of restricted stock, not a market buy or sell. The shares were awarded at a reported price of $0.00 per share, reflecting equity compensation under the 2021 Management Incentive Plan rather than a cash investment or disposal.

Douglas Elliman (NYSE: DOUG) director receives 90,910-share restricted stock award

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

WHITE WILSON reported acquisition or exercise transactions in this Form 4 filing.

Douglas Elliman Inc. director Wilson White received a grant of 90,910 shares of common stock as a restricted stock award under the company’s 2021 Management Incentive Plan. After this equity award, he directly holds 299,290 shares. The restricted shares are compensation, not an open-market purchase.

The award will vest on April 10, 2027, if White continues in service until that date, or earlier if he dies, becomes disabled, or if a change-of-control occurs. Until vesting, the shares remain subject to these conditions, so the economic benefit is realized over time.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider WHITE WILSON

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	90,910	$0.00	--

Holdings After Transaction: Common Stock — 299,290 shares (Direct)

Footnotes (1)

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Key Figures

Restricted stock award: 90,910 shares Post-grant holdings: 299,290 shares Grant price: $0.00 per share +1 more

4 metrics

Restricted stock award 90,910 shares Grant of common stock on April 10, 2026

Post-grant holdings 299,290 shares Total common stock directly held after award

Grant price $0.00 per share Reported transaction price for restricted stock award

Vesting date April 10, 2027 Scheduled vesting of restricted stock award

Key Terms

restricted stock award, 2021 Management Incentive Plan, change-of-control

3 terms

restricted stock award financial

"the Issuer granted the Reporting Person a restricted stock award of 90,910 shares"

A restricted stock award is company shares given to an employee or executive that cannot be sold or fully owned until certain conditions—like staying with the company for a set time or hitting performance targets—are met. Think of it as a gift that only becomes yours after you fulfill specific obligations; for investors, these awards matter because they can increase the total shares outstanding when they vest, reveal how management is being paid and motivated, and create potential selling pressure when restrictions lift.

2021 Management Incentive Plan financial

"pursuant to Issuer's 2021 Management Incentive Plan"

change-of-control financial

"earlier vesting upon the Reporting Person's death or disability or a change-of-control"

Form 4 Insider Transactions: What Each Field Means →

04/14/2026 - 05:15 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

WHITE WILSON

(Last)

(First)

(Middle)

C/O DOUGLAS ELLIMAN INC.

4400 BISCAYNE BLVD; 10TH FLOOR

(Street)

MIAMI

FLORIDA

33137

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Douglas Elliman Inc. [ DOUG ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/10/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock	04/10/2026		A		90,910	A	$0⁽¹⁾	299,290	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)

Explanation of Responses:

1. On April 10, 2026 the Issuer granted the Reporting Person a restricted stock award of 90,910 shares of Issuer Common Stock pursuant to Issuer's 2021 Management Incentive Plan. The award will vest on April 10, 2027, subject to the Reporting Person's continued service through such vesting date or earlier vesting upon the Reporting Person's death or disability or a change-of-control.

Remarks:

	/s/ J Bryant Kirkland III, Attorney in Fact	04/14/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did Douglas Elliman (DOUG) director Wilson White report on this Form 4?

Director Wilson White reported receiving a grant of 90,910 shares of Douglas Elliman common stock as a restricted stock award. This represents equity compensation under the company’s 2021 Management Incentive Plan, rather than an open-market stock purchase or sale.

How many Douglas Elliman (DOUG) shares does Wilson White hold after this award?

After the reported grant, Wilson White directly holds 299,290 shares of Douglas Elliman common stock. This total includes the newly granted 90,910 restricted shares, which will vest over time subject to continued service and certain specified triggering events.

When do Wilson White’s restricted Douglas Elliman (DOUG) shares vest?

The 90,910 restricted shares are scheduled to vest on April 10, 2027, if Wilson White remains in service through that date. The award may also vest earlier upon his death, disability, or a change-of-control, according to the disclosed terms.

Under which plan was the Douglas Elliman (DOUG) restricted stock granted to Wilson White?

The restricted stock award to Wilson White was granted under Douglas Elliman’s 2021 Management Incentive Plan. This plan provides equity-based compensation, aligning director and executive pay with shareholder interests through stock awards that vest over a defined period.