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

Rhea-AI Filing Summary

ZEITCHICK MARK reported acquisition or exercise transactions in this Form 4 filing.

Douglas Elliman Inc. director Mark Zeitchick 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 holds 388,220 shares directly. The award will fully vest on April 10, 2027, if he continues his service, with earlier vesting possible in the event of death, disability, or a change-of-control.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider ZEITCHICK MARK

Role Director

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

Holdings After Transaction: Common Stock — 388,220 shares (Direct)

Footnotes (1)

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Key Figures

Restricted stock award: 90,910 shares Holdings after transaction: 388,220 shares Grant price per share: $0.00 per share +1 more

4 metrics

Restricted stock award 90,910 shares Granted on April 10, 2026 under 2021 Management Incentive Plan

Holdings after transaction 388,220 shares Total Douglas Elliman common shares held directly by Mark Zeitchick after grant

Grant price per share $0.00 per share Award coded as grant/award acquisition with no purchase price

Vesting date April 10, 2027 Restricted stock vests if service continues to this date or earlier on specified events

Key Terms

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

4 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"

vest financial

"The award will vest on April 10, 2027"

A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.

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 →

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^*

ZEITCHICK MARK

(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)	388,220	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)
				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.

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)

FAQ

What insider transaction did Douglas Elliman (DOUG) report for Mark Zeitchick?

Douglas Elliman reported that director Mark Zeitchick received a restricted stock award of 90,910 common shares. This is a compensation-related equity grant rather than an open-market purchase, increasing his direct holdings to 388,220 shares after the transaction.

Is the recent Form 4 transaction for Douglas Elliman (DOUG) a stock purchase or a grant?

The Form 4 shows a stock grant, not a market purchase. Director Mark Zeitchick was awarded 90,910 restricted shares at no stated purchase price under the 2021 Management Incentive Plan, reflecting equity-based compensation instead of an open-market buy.

When will Mark Zeitchick’s 90,910 restricted Douglas Elliman (DOUG) shares vest?

The 90,910 restricted shares granted to Mark Zeitchick are scheduled to vest on April 10, 2027. Vesting requires his continued service, though the award can vest earlier upon death, disability, or a change-of-control under the plan’s terms.

How many Douglas Elliman (DOUG) shares does Mark Zeitchick hold after this award?

Following the restricted stock award, Mark Zeitchick holds 388,220 Douglas Elliman common shares directly. This total includes the newly granted 90,910 restricted shares, which are subject to vesting conditions tied to continued service and certain triggering events.

Under which plan was the Douglas Elliman (DOUG) restricted stock granted to Mark Zeitchick?

The 90,910-share restricted stock award to director Mark Zeitchick was granted under Douglas Elliman’s 2021 Management Incentive Plan. This plan is designed to deliver equity-based compensation, aligning management and director incentives with long-term shareholder interests.