Form 4: DigitalBridge Director Acquires Deferred Stock Units
SEC Form 4 Filing
DigitalBridge Group director Nancy Ann Curtin acquired 100 deferred stock units through dividend equivalent rights, scheduled to vest partially on April 30, 2025.
Summary
- Nancy Ann Curtin, a director at DigitalBridge Group, Inc., acquired 100 deferred stock units.
- These units were granted as dividend equivalents on previously granted deferred stock.
- The acquisition is a result of her election to defer equity compensation.
- 10 of the deferred stock units are scheduled to vest on April 30, 2025.
- The deferred stock units are payable in Class A Common Stock on a one-for-one basis after her separation from service with the Issuer.
- The price of the underlying Class A Common Stock was $10.63.
Sentiment
Score: 7
Explanation: The document reflects a routine transaction related to director compensation, which is generally viewed neutrally to slightly positive as it aligns director interests with the company's performance.
Positives
- The acquisition of deferred stock units indicates continued alignment of interests between the director and the company.
- The vesting schedule provides a future incentive for the director.
Future Outlook
The deferred stock units will be payable in Class A Common Stock after the director's separation from service, with 10 units vesting on April 30, 2025.
Industry Context
This is a routine filing related to director compensation and is common practice for publicly traded companies.
Comparison to Industry Standards
- The use of deferred stock units as part of director compensation is a common practice among publicly listed companies.
- Many companies use similar mechanisms to align director interests with shareholder value.
- The vesting schedule is typical for equity-based compensation plans.
Stakeholder Impact
- The transaction has a minor positive impact on shareholders as it aligns director interests with the company's long-term performance.
Key Dates
| Date | Description |
|---|---|
| 01/15/2025 | Date of the transaction where deferred stock units were acquired. |
| 01/17/2025 | Date the form was signed. |
| 04/30/2025 | Date when 10 of the deferred stock units are scheduled to vest. |
Keywords
DigitalBridge Group, deferred stock units, director, equity compensation, dividend equivalents, Class A Common Stock, insider transaction
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