Form 4: Arbor Realty Trust EVP Fred Weber Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Fred Weber, EVP-Structured Finance at Arbor Realty Trust, reports a transaction involving common stock due to tax-withholding obligations.
Summary
- On March 11, 2024, Fred Weber, EVP-Structured Finance at Arbor Realty Trust, reported a change in beneficial ownership of Arbor Realty Trust common stock.
- The transaction involved the withholding of 2,097 shares by the company to satisfy tax-withholding obligations related to the vesting of previously granted common stock.
- Following the transaction, Weber directly owns 485,423 shares of Arbor Realty Trust common stock.
- Weber also indirectly owns 1,211 shares each as custodian for his daughters Anne Weber and Janet Weber, and his son Steven Weber.
- Additionally, Weber indirectly owns 1,211 shares held by his son Nathan Weber.
Sentiment
Score: 7
Explanation: Neutral sentiment as it's a standard reporting of stock transactions for tax purposes.
Industry Context
This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it relates to tax obligations on existing stock grants.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction |
| 03/13/2024 | Date of signature |
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