Form 4: Arbor Realty Trust CEO Ivan Kaufman Reports Transaction in Special Voting Preferred Stock
SEC Form 4 Filing
Arbor Realty Trust's CEO, Ivan Kaufman, reports a transaction involving Special Voting Preferred Stock and Partnership Common Units on February 26, 2025.
Summary
- On February 26, 2025, Ivan Kaufman, the CEO, President, and COB of Arbor Realty Trust, reported a transaction involving Special Voting Preferred Stock and Partnership Common Units.
- Arbor Commercial Mortgage, LLC ('ACM') distributed 113,636 Partnership Common Units and Special Voting Preferred Stock to one of its members.
- The distribution was valued at approximately $1,500,000.
- The fair market value was determined using the average closing stock price of Arbor Realty Trust, Inc. from February 11, 2025, through February 25, 2025, which was $13.20 per share.
- Following the transaction, Mr. Kaufman directly owns 80,161 shares of Special Voting Preferred Stock.
- Mr. Kaufman indirectly owns 10,483,930 shares of Special Voting Preferred Stock through Arbor Commercial Mortgage, LLC, but disclaims beneficial ownership except to the extent of his pecuniary interest.
Sentiment
Score: 6
Explanation: The document is a standard regulatory filing, so the sentiment is neutral. It reports a transaction but doesn't inherently indicate positive or negative performance for the company.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transaction provides transparency to shareholders regarding insider transactions.
Key Dates
| Date | Description |
|---|---|
| 02/11/2025 | Start date for calculating average closing stock price. |
| 02/25/2025 | End date for calculating average closing stock price. |
| 02/26/2025 | Date of the transaction involving Special Voting Preferred Stock and Partnership Common Units. |
| 02/28/2025 | Date of signature on the Form 4 filing. |
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