How does the 1,000,000-share award to Kirkland J Bryant III vest at Douglas Elliman (DOUG)?

The 1,000,000-share restricted stock award vests in three equal annual installments starting on December 15, 2026. Each tranche requires his continued employment through the applicable vesting date, aligning the compensation with multi-year service at the company.

Under which plan was the 1,000,000-share Douglas Elliman (DOUG) award granted?

The 1,000,000-share restricted stock award was granted under Douglas Elliman’s 2021 Management Incentive Plan. This plan provides equity-based compensation to management, with vesting schedules and conditions tied to employment and potential corporate events.

Douglas Elliman (DOUG) grants 1,000,000-share restricted stock award to officer

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

KIRKLAND J BRYANT III reported acquisition or exercise transactions in this Form 4 filing.

Douglas Elliman Inc. granted officer KIRKLAND J BRYANT III a restricted stock award of 1,000,000 shares of common stock at no cash cost on April 10, 2026, under the company’s 2021 Management Incentive Plan.

The award will vest in three equal annual installments beginning December 15, 2026, provided he remains employed, with provisions for earlier vesting upon a change-of-control and partial acceleration if his employment ends without cause or for good reason. Following this grant, he directly holds 1,877,274 common shares.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider KIRKLAND J BRYANT III

Role See Remarks

Type	Security	Shares	Price	Value
Grant/Award	Common Stock	1,000,000	$0.00	--

Holdings After Transaction: Common Stock — 1,877,274 shares (Direct)

Footnotes (1)

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Key Figures

Restricted stock award size: 1,000,000 shares Grant price: $0.0000 per share Post-transaction holdings: 1,877,274 shares +1 more

4 metrics

Restricted stock award size 1,000,000 shares Grant of common stock on April 10, 2026

Grant price $0.0000 per share Equity compensation, no cash paid by insider

Post-transaction holdings 1,877,274 shares Total common shares directly held after grant

Vesting schedule 3 equal annual installments Starting December 15, 2026, subject to continued employment

Key Terms

restricted stock award, 2021 Management Incentive Plan, change-of-control, termination without cause, +1 more

5 terms

restricted stock award financial

"the Issuer granted the Reporting Person a restricted stock award of 1,000,000 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 a change-of-control as well as, in the event of termination"

termination without cause financial

"in the event of termination without cause or for good reason, an accelerated vesting"

good reason financial

"termination without cause or for good reason, an accelerated vesting of the next tranche"

Form 4 Insider Transactions: What Each Field Means →

04/10/2026 - 05:42 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^*

KIRKLAND J BRYANT III

(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)

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

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		1,000,000	A	$0⁽¹⁾	1,877,274	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 1,000,000 shares of Issuer Common Stock pursuant to Issuer's 2021 Management Incentive Plan. The award will vest in three equal annual installments commencing on December 15, 2026, subject to the Reporting Person's continued employment through each such vesting date or earlier vesting upon a change-of-control as well as, in the event of termination without cause or for good reason, an accelerated vesting of the next tranche, if applicable.

Remarks:

Executive Vice President, Treasurer and CFO

	/s/ J Bryant Kirkland III	04/10/2026
	** 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 insider transaction did Douglas Elliman (DOUG) report for Kirkland J Bryant III?

Douglas Elliman reported that officer Kirkland J Bryant III received a grant of 1,000,000 shares of common stock as a restricted stock award. The award was issued at no cash cost under the company’s 2021 Management Incentive Plan as part of his compensation.

Are there change-of-control protections for the Douglas Elliman (DOUG) restricted stock award?

Yes. The restricted stock award provides for earlier vesting upon a change-of-control of Douglas Elliman. This means some or all of the 1,000,000 shares can vest sooner if a qualifying change-of-control event occurs under the plan’s defined terms.

What happens to the Douglas Elliman (DOUG) award if Kirkland J Bryant III is terminated?

If his employment is terminated without cause or for good reason, the next vesting tranche of the restricted stock award accelerates. This allows one additional installment, if applicable, to vest despite the termination, while remaining unvested shares would not vest.

How many Douglas Elliman (DOUG) shares does Kirkland J Bryant III hold after this grant?

After the grant, Kirkland J Bryant III directly holds 1,877,274 shares of Douglas Elliman common stock. This total includes the newly awarded 1,000,000 restricted shares, which are subject to the described vesting, employment, and change-of-control conditions.