Form 4: Arbor Realty Trust CFO Paul Elenio Reports Changes in Beneficial Ownership

Paul Elenio, CFO of Arbor Realty Trust, reports acquisition and disposal of common stock related to vesting and tax obligations.

Summary

• On March 14, 2025, Paul Elenio, the Chief Financial Officer of Arbor Realty Trust, acquired 40,617 shares of common stock.
• These shares were granted pursuant to the company's 2024 Amended Omnibus Stock Incentive Plan, vesting in three tranches: one-third immediately, one-third in one year, and one-third in two years.
• On the same day, Mr. Elenio disposed of 6,912 shares at a price of $12.31, and another 6,642 shares at $12.31 to cover tax-withholding obligations related to the vesting of common stock.
• On March 15, 2025, Mr. Elenio disposed of 7,386 shares at a price of $12.41 to cover tax-withholding obligations related to the vesting of common stock.
• Following these transactions, Mr. Elenio beneficially owns 324,641 shares of Arbor Realty Trust.

Sentiment

Score: 6

Explanation: The document reflects routine transactions related to executive compensation. It's neutral in sentiment as it doesn't indicate any significant positive or negative developments for the company.

Positives

• The acquisition of shares indicates confidence in the company's future performance.
• The vesting of shares in the stock incentive plan aligns management's interests with those of shareholders.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates changes in the CFO's holdings of Arbor Realty Trust stock.

Stakeholder Impact

• The transactions have a minor impact on shareholders as they involve the CFO's personal holdings and tax obligations.

Key Dates