Welcome to our dedicated page for Douglas Elliman SEC filings (Ticker: DOUG), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Douglas Elliman Inc. filings document the public-company record for a NYSE-listed real estate services company centered on Douglas Elliman Realty. Form 8-K reports furnish quarterly and annual financial results and disclose material agreements, completed asset sales, convertible-note redemption activity, changes in the company’s independent registered public accounting firm, officer compensation arrangements, board appointments, and Regulation FD matters.
Definitive proxy materials describe board composition, committee structure, executive compensation, equity awards, shareholder voting items, and governance practices. The filings also identify Douglas Elliman’s common stock registered on the New York Stock Exchange under DOUG and provide formal disclosure on legal proceedings, capital structure, and business areas including residential brokerage, development marketing, mortgage, settlement and escrow services, property technology investments, and the company’s former property management business.
Weitz Perry reported acquisition or exercise transactions in this Form 4 filing.
Douglas Elliman Inc. director Perry Weitz received a grant of restricted stock. On April 10, 2026, the company awarded him 90,910 shares of common stock under its 2021 Management Incentive Plan at no purchase price. Following this grant, he directly holds 149,504 common shares.
The restricted stock award will vest on April 10, 2027, as long as Weitz continues his service through that date. The award can vest earlier if he dies, becomes disabled, or if a change-of-control of the company occurs.
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.
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.
Brodie Bradley Harris reported acquisition or exercise transactions in this Form 4 filing.
Douglas Elliman Inc. granted its SVP, General Counsel and Secretary, Brodie Bradley Harris, a restricted stock award of 175,000 shares of common stock as equity compensation. The grant was made under the company’s 2021 Management Incentive Plan at no cash cost to Harris.
The award will vest in three equal annual installments starting on December 15, 2026, contingent on his continued employment, with provisions for earlier vesting upon a change-of-control and accelerated vesting of the next tranche if he is terminated without cause or resigns for good reason. Following this grant, Harris directly holds 425,000 shares of Douglas Elliman common stock.
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.
Liebowitz Michael reported acquisition or exercise transactions in this Form 4 filing.
Douglas Elliman Inc. President and CEO Michael Liebowitz received a grant of 1,250,000 shares of common stock as a restricted stock award. The award was granted on April 10, 2026 under the company’s 2021 Management Incentive Plan at no cash cost to him.
The restricted stock will vest in three equal annual installments beginning on December 15, 2026, conditioned on his continued employment, with provisions for earlier vesting upon a change-of-control and partial acceleration if he is terminated without cause or leaves for good reason. Following this grant, he holds 2,290,780 shares directly and 1,838,162.149 shares indirectly through MSL18 Holdings LLC, a single‑member LLC he owns, which includes 303,250 shares transferred from his prior direct holdings.
Douglas Elliman Inc. changed its independent auditor, dismissing Deloitte & Touche LLP and appointing EisnerAmper LLP as principal accountant effective April 6, 2026. Deloitte’s reports on the company’s 2025 and 2024 financial statements had clean opinions with no qualifications.
The company states there were no disagreements with Deloitte on accounting principles, financial disclosures, or audit scope, and no reportable events under Regulation S-K during the covered periods. The Audit Committee recommended, and the Board approved, the change. EisnerAmper had not previously advised the company on accounting or audit matters described in Item 304.
Douglas Elliman Inc. updated executive employment agreements for its Chief Financial Officer, J. Bryant Kirkland III, and General Counsel, Bradley H. Brodie.
Mr. Kirkland’s base salary was increased to $650,000 per year from January 1, 2026, with a target bonus set at 65% of base salary. He will receive a one-time $150,000 retention bonus if he remains employed through December 15, 2026 or experiences a qualifying termination, and his severance terms now provide 12 months of severance and bonus based on target, with enhanced benefits if termination occurs within 12 months after a change in control.
Mr. Brodie’s base salary was increased to $575,000 per year from January 1, 2026, with a target bonus equal to 50% of base salary. His severance now includes 12 months of severance and target-based prorated bonus for a qualifying termination, and, if this occurs within 12 months following a change in control, he will receive a lump sum equal to 1.5 times base salary, a full target bonus for that year, and 12 months of subsidized COBRA premiums.
Douglas Elliman Inc. filed its Form 10-K outlining its 2025 performance and risks as a luxury-focused real estate services company. The firm operates 114 offices with about 5,800 agents across major U.S. markets and launched Elliman International to extend its brand to Europe and other regions.
The company emphasizes a technology-enabled, asset-light model, with an average 2025 transaction value of roughly $1.86 million, up from $1.67 million in 2024, and strong positioning in New York, which generated about 50% of revenue. Total assets were about $444 million, including $11.4 million in PropTech investments.
In October 2025, Douglas Elliman sold its property management business (DEPM) for $85 million to sharpen its focus on pure-play luxury brokerage. It also expanded ancillary services such as title, escrow and a new Elliman Capital mortgage platform. The filing highlights extensive market, regulatory, litigation and technology risks, including industry commission litigation settlements and evolving AI and cybersecurity threats.
Douglas Elliman Inc. reported a sharp turnaround in 2025 results. Full-year revenues rose to $1.033 billion from $995.6 million, while operating results swung from a $68.8 million loss to $45.5 million of operating income. Net income attributed to Douglas Elliman improved from a $76.3 million loss to a $15.2 million profit, or $0.17 per diluted share, helped by an $81.7 million gain on disposal of its property management business.
Fourth-quarter 2025 revenues were $245.4 million, with net income of $68.6 million versus a $6.0 million loss a year earlier. On a non-GAAP basis, the company still posted an Adjusted EBITDA loss of $14.0 million and an adjusted net loss of $27.1 million for the year, though both improved versus 2024. Douglas Elliman ended 2025 with $115.5 million of cash and cash equivalents and no long-term debt, and its brokerage subsidiary generated $39.8 billion of gross transaction value for the year.