Form 4: Arbor Realty Trust Executive John Natalone Reports Changes in Beneficial Ownership
SEC Form 4 Filing
EVP John Natalone reports disposition of shares to cover tax obligations and disclaims beneficial ownership of shares held by estate planning vehicles associated with the CEO.
Summary
- On March 11, 2024, John Natalone, EVP, Treasury and Servicing at Arbor Realty Trust, reported a transaction involving the disposition of 1,210 shares of common stock to cover tax withholding obligations.
- The shares were reacquired by the company at a price of $12.88 per share.
- Following the transaction, Natalone directly owns 108,373 shares.
- Natalone also disclaims beneficial ownership of 100,000 shares held by The KFT 2018 NY Trust and 40,000 shares held by The KFT DT LLC, both estate planning vehicles for the benefit of CEO Ivan Kaufman's family.
- John Bishar, Attorney-in-Fact, signed the report on March 13, 2024.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a routine transaction. It doesn't contain information that would significantly impact investor sentiment positively or negatively.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a standard transaction related to tax obligations upon vesting of stock.
Key Dates
| Date | Description |
|---|---|
| 03/11/2024 | Date of transaction (disposition of shares). |
| 03/13/2024 | Date of signature by Attorney-in-Fact. |
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