Form 4: Arbor Realty CFO Elenio Increases Stake with Stock Grant

Arbor Realty Trust's Chief Financial Officer, Paul Elenio, received a significant stock grant, partially offset by shares withheld for tax obligations.

Summary

• Paul Elenio, Chief Financial Officer of Arbor Realty Trust Inc. (ABR), acquired 64,432 shares of common stock on March 13, 2026.
• The shares were granted under the Company's 2024 Amended Omnibus Stock Incentive Plan.
• The vesting schedule for the granted shares is one-third on the grant date, one-third in one year, and one-third in two years.
• Elenio disposed of a total of 24,520 shares (10,965 on March 13, 2026; 6,912 on March 14, 2026; and 6,643 on March 14, 2026) at a price of $7.67 per share.
• These dispositions were to satisfy tax-withholding obligations related to the vesting of common stock.
• Following these transactions, Elenio beneficially owns 374,553 shares of common stock directly.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event. While there are tax-related dispositions, the net effect is an increase in the CFO's beneficial ownership, aligning management incentives with shareholder value.

Positives

• The grant of 64,432 shares aligns the Chief Financial Officer's interests more closely with shareholders, incentivizing long-term performance.
• The stock grant is part of a formal incentive plan (2024 Amended Omnibus Stock Incentive Plan), indicating structured executive compensation.

Negatives

• A total of 24,520 shares were disposed of to cover tax-withholding obligations, which reduces the immediate net increase in beneficial ownership from the grant.

Future Outlook

The granted shares will vest in a staggered manner, with one-third vesting on the grant date, one-third in one year, and the final third in two years, providing a future incentive for the CFO.

Industry Context

StockSavvy.ai notes that executive stock grants are a standard component of compensation packages across the real estate investment trust (REIT) sector and broader industries. These grants are designed to align management's long-term interests with those of shareholders, fostering a focus on sustained company performance and value creation.

Stakeholder Impact

• Shareholders: The increase in the CFO's beneficial ownership through a stock grant generally aligns management's interests with shareholder value, potentially leading to more shareholder-friendly decisions.

Next Steps

• The remaining two-thirds of the granted shares will vest in one and two years from the grant date.

Key Dates

Recommendation

This Form 4 filing details a routine executive compensation event involving a stock grant and subsequent tax-related dispositions. While it indicates continued alignment of management interests, it does not present new information significant enough to warrant a change in investment recommendation based solely on this filing. It is an expected part of executive compensation.

Keywords

Arbor Realty Trust, ABR, Paul Elenio, CFO, Stock Grant, Beneficial Ownership, SEC Form 4, Executive Compensation, Stock Incentive Plan, Insider Transaction