Form 4: Arbor Realty Trust Chief Accounting Officer Reports Stock Transaction
SEC Filing
Thomas J. Ridings, Chief Accounting Officer of Arbor Realty Trust, reports the disposal of 1,356 shares to cover tax obligations.
Summary
- On March 11, 2024, Thomas J. Ridings, the Chief Accounting Officer of Arbor Realty Trust, disposed of 1,356 shares of common stock.
- The shares were withheld by the company to satisfy tax-withholding obligations related to the vesting of previously granted common stock.
- The transaction price was $12.88 per share.
- Following the transaction, Ridings directly owns 113,219 shares of Arbor Realty Trust.
Sentiment
Score: 5
Explanation: This is a neutral transaction related to tax obligations, so it doesn't significantly impact sentiment.
Industry Context
Form 4 filings are routine disclosures required by the SEC when company insiders trade their company's stock. This provides transparency to the market.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of stock transaction |
| 03/13/2024 | Date of signature on the Form 4 filing |
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