Douglas Elliman (NYSE: DOUG) director granted 90,910 restricted shares as compensation
Rhea-AI Filing Summary
LAMPEN RICHARD reported acquisition or exercise transactions in this Form 4 filing.
Douglas Elliman Inc. director Richard Lampen received a restricted stock award of 90,910 shares of common stock on April 10, 2026 under the company’s 2021 Management Incentive Plan. The award carries no purchase price and represents equity-based compensation rather than an open-market transaction.
The restricted shares will vest on April 10, 2027, provided Lampen continues in service, with earlier vesting possible upon death, disability, or a change-of-control. Following this grant, he directly holds 1,244,447 shares of common stock. An additional 3,243 shares are held indirectly by his spouse, for which he disclaims beneficial ownership.
Positive
- None.
Negative
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Insider Trade Summary
Net Buyer: 90,910 shares
Net Buy
2 txns
Insider
LAMPEN RICHARD
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 90,910 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,244,447 shares (Direct);
Common Stock — 3,243 shares (Indirect, By spouse)
Footnotes (2)
- F1. 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.
- F2. The Reporting Person disclaims beneficial ownership of these securities, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for purposes of Section 16 or for any other purpose.
Key Figures
Restricted stock award: 90,910 shares
Award price per share: $0.00 per share
Vesting date: April 10, 2027
+2 more
5 metrics
Restricted stock award
90,910 shares
Granted April 10, 2026 under 2021 Management Incentive Plan
Award price per share
$0.00 per share
Restricted stock compensation grant
Vesting date
April 10, 2027
Restricted stock award vesting, subject to continued service
Direct holdings after grant
1,244,447 shares
Douglas Elliman common stock held directly by Lampen
Indirect spouse holdings
3,243 shares
Common stock held by spouse; beneficial ownership disclaimed
Key Terms
restricted stock award, 2021 Management Incentive Plan, change-of-control, beneficial ownership
4 terms
restricted stock award financial
"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
"Common Stock 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"
A change-of-control is when ownership or effective control of a company shifts—for example through a sale, merger, acquisition, or transfer of voting power. It matters to investors because such a change can activate contract provisions (like early loan repayment, accelerated stock vesting, or severance pay), replace management and strategy, and quickly change the stock’s risk and value; think of it as a new captain taking the helm and steering the ship in a different direction.
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership of these securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What did Douglas Elliman (DOUG) director Richard Lampen receive in this transaction?
Richard Lampen received a restricted stock award of 90,910 shares of Douglas Elliman common stock on April 10, 2026 as equity compensation. The shares were granted with a per-share price of $0.00, reflecting a compensation award rather than a market purchase.
Under which plan was Richard Lampen’s Douglas Elliman (DOUG) stock award granted?
The 90,910-share restricted stock award was granted under Douglas Elliman’s 2021 Management Incentive Plan. This plan is used by the company to deliver equity-based compensation to management and directors, aligning their interests with long-term shareholder value.