DigitalBridge (DBRG) President & CIO receives 101,976 restricted stock shares in equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Jenkins Benjamin J. reported acquisition or exercise transactions in this Form 4 filing.
DigitalBridge Group, Inc. reported that President & CIO Benjamin J. Jenkins received an equity grant of Class A Common Stock. He was awarded 101,976 shares of restricted Class A Common Stock at no purchase price, increasing his direct holdings to 271,289 shares after the grant.
The restricted shares vest over time in three equal annual installments. One-third vests on June 1, 2027, another third on March 15, 2028, and the final third on March 15, 2029. This is a compensation-related award rather than an open-market stock purchase.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Jenkins Benjamin J.
Role
President & CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 101,976 | $0.00 | -- |
Holdings After Transaction:
Class A Common Stock — 271,289 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Restricted stock grant: 101,976 shares
Price per share: $0.00 per share
Holdings after grant: 271,289 shares
+3 more
6 metrics
Restricted stock grant
101,976 shares
Class A Common Stock granted to President & CIO
Price per share
$0.00 per share
Grant of restricted Class A Common Stock
Holdings after grant
271,289 shares
Total direct Class A Common Stock following transaction
First vesting date
June 1, 2027
One-third of restricted shares vest
Second vesting date
March 15, 2028
Second third of restricted shares vest
Final vesting date
March 15, 2029
Final third of restricted shares vest
Key Terms
restricted Class A Common Stock, vest, grant, award, or other acquisition, Form 4
4 terms
restricted Class A Common Stock financial
"Represents shares of restricted Class A Common Stock granted to the reporting person"
vest financial
"which vest annually in three equal installments on June 1, 2027, March 15, 2028 and March 15, 2029"
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.
grant, award, or other acquisition financial
"transaction code description: Grant, award, or other acquisition"
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What did Benjamin J. Jenkins report in this DigitalBridge (DBRG) Form 4?
Benjamin J. Jenkins reported receiving 101,976 shares of restricted Class A Common Stock as a compensation grant. The award increased his direct holdings to 271,289 shares and did not involve any open-market purchase or sale of DigitalBridge stock.
Is the DigitalBridge (DBRG) Form 4 transaction a stock purchase or sale?
The Form 4 transaction is not a stock purchase or sale; it is a grant of restricted Class A Common Stock. Jenkins received 101,976 shares at no cost as part of his compensation, classified as a grant, award, or other acquisition by the company.
What role does Benjamin J. Jenkins hold at DigitalBridge (DBRG) in this Form 4?
In this Form 4, Benjamin J. Jenkins is identified as President & Chief Investment Officer of DigitalBridge. The reported transaction reflects a compensation-related equity grant tied to his executive role, rather than discretionary trading in the company’s shares.