Form 4: Arbor Realty Trust EVP Natalone Acquires and Disposes of Special Voting Preferred Stock and Partnership Units

John Natalone, EVP of Treasury and Servicing at Arbor Realty Trust, reports acquiring and disposing of Special Voting Preferred Stock and Partnership Common Units on February 26, 2025, related to a distribution and redemption by Arbor Commercial Mortgage, LLC.

Summary

• On February 26, 2025, John Natalone, EVP of Treasury and Servicing at Arbor Realty Trust, engaged in transactions 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 Natalone, valued at $1,500,000, as part of his membership interest in ACM.
• The fair 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.
• Concurrently, the company redeemed these distributed shares from Natalone for approximately $1.5 million, based on the same $13.20 fair market value.
• Natalone also has indirect beneficial ownership of Special Voting Preferred Stock and Partnership Common Units through The KFT 2018 NY Trust and The KFT DT LLC, estate planning vehicles for the family of Arbor Realty Trust's CEO, Ivan Kaufman, but disclaims beneficial ownership.
• Following these transactions, Natalone directly owns 36,674 shares of Special Voting Preferred Stock and 150,310 Partnership Common Units.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing transactions by a company executive. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about stock ownership changes.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade in their company's securities. This filing indicates transactions by an executive at Arbor Realty Trust, providing transparency into their investment activities.

Stakeholder Impact

• The transactions may provide shareholders with insight into management's perspective on the company's value.
• The distribution and redemption of shares could have a minor impact on the company's capital structure.

Key Dates