Douglas Elliman (DOUG) director Perry Weitz granted 90,910 restricted stock shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Weitz Perry
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 90,910 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 149,504 shares (Direct)
Footnotes (1)
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Key Figures
Restricted stock grant: 90,910 shares
Transaction price per share: $0.0000
Shares owned after grant: 149,504 shares
+1 more
4 metrics
Restricted stock grant
90,910 shares
Awarded on April 10, 2026 under 2021 Management Incentive Plan
Transaction price per share
$0.0000
Grant/award acquisition, no purchase price
Shares owned after grant
149,504 shares
Total direct common stock holdings following the transaction
Vesting date
April 10, 2027
Scheduled vesting date for the restricted stock award
Key Terms
restricted stock award, 2021 Management Incentive Plan, change-of-control, Form 4
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"
change-of-control financial
"earlier vesting upon the Reporting Person's death or disability or a change-of-control"
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 insider transaction did Douglas Elliman (DOUG) director Perry Weitz report?
Perry Weitz reported receiving a grant of 90,910 shares of Douglas Elliman common stock. The shares are a restricted stock award issued under the 2021 Management Incentive Plan and represent equity-based compensation rather than an open-market purchase or sale.
When does Perry Weitz’s restricted stock award in Douglas Elliman (DOUG) vest?
The 90,910-share restricted stock award is scheduled to vest on April 10, 2027. Vesting requires his continued service through that date, with earlier vesting possible upon death, disability, or a qualifying change-of-control event specified in the award terms.
Was cash involved in Perry Weitz’s Douglas Elliman (DOUG) stock grant?
No purchase price was paid for this grant; the transaction price per share is reported as 0.0000. The 90,910 shares were awarded as equity compensation under the company’s 2021 Management Incentive Plan instead of being bought on the open market.
What plan governs Perry Weitz’s restricted stock award in Douglas Elliman (DOUG)?
The 90,910-share restricted stock award was granted under Douglas Elliman’s 2021 Management Incentive Plan. This plan provides a framework for equity-based compensation, including restricted stock that vests over time or upon specified events such as change-of-control.