Form 4: Arbor Realty Trust CEO Ivan Kaufman Reports Changes in Beneficial Ownership

Ivan Kaufman, CEO of Arbor Realty Trust, reports a transaction involving the withholding of shares to cover tax obligations and disclaims beneficial ownership of shares held by Arbor Commercial Mortgage, LLC except to the extent of his pecuniary interest.

Summary

• On July 28, 2024, Ivan Kaufman, the CEO, President, and COB of Arbor Realty Trust, had shares withheld by the company to satisfy tax obligations related to the vesting of common stock.
• A total of 84,614 shares were withheld at a price of $13.44 per share.
• Following this transaction, Kaufman directly owns 1,609,142 shares of Arbor Realty Trust.
• Kaufman also disclaims beneficial ownership of 2,535,870 shares held by Arbor Commercial Mortgage, LLC, except to the extent of his pecuniary interest.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing, indicating standard corporate governance practices. The sentiment is neutral as it reports factual transactions without expressing positive or negative outlooks.

Management Comments

• Mr. Kaufman disclaims beneficial ownership of these shares of Common Stock except to the extent of his pecuniary interest therein.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The filing provides transparency to shareholders regarding insider transactions.

Key Dates