Douglas Elliman director granted 90,910 shares

LAMPEN RICHARD reported acquisition or exercise transactions in this Form 4 filing.

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.

Insider Trade Summary

Grant/Award: 90,910 shares

Grant/Award 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)

1. 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.
2. 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.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

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.

When do Richard Lampen’s 90,910 restricted Douglas Elliman (DOUG) shares vest?

The 90,910 restricted shares are scheduled to vest on April 10, 2027. Vesting requires Lampen’s continued service through that date, with earlier vesting only upon death, disability, or a change-of-control, as described in the award terms.

How many Douglas Elliman (DOUG) shares does Richard Lampen hold after this award?

After the restricted stock award, Richard Lampen directly holds 1,244,447 shares of Douglas Elliman common stock. This figure reflects his direct ownership only and excludes shares held by related parties where he has disclaimed beneficial ownership.

Are any Douglas Elliman (DOUG) shares attributed to Richard Lampen’s spouse?

Yes. An additional 3,243 shares of Douglas Elliman common stock are reported as held indirectly "By spouse". Lampen formally disclaims beneficial ownership of these securities, meaning he does not concede they should be treated as his for ownership purposes.

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.

Does Richard Lampen pay anything for the 90,910 Douglas Elliman (DOUG) restricted shares?

No. The restricted stock award shows a price per share of $0.00, indicating Lampen is not paying cash for the shares. Instead, they represent compensation granted by the company under its 2021 Management Incentive Plan.

AI-generated analysis. How Rhea-AI works. Not financial advice.

Form 4 Insider Transactions: What Each Field Means →

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Accepted by SEC EDGAR 04/14/2026 - 05:17 PM EDT Learn about SEC filing dates

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^*

LAMPEN RICHARD

(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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/10/2026		A		90,910	A	$0(1)	1,244,447	D
Common Stock								3,243	I	By spouse(2)

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

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.

2. 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.

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)