Form 4: DigitalBridge Director Gregory McCray Receives Restricted Stock Grant Following Re-election

DigitalBridge Group, Inc. Director Gregory James McCray was granted 15,271 shares of restricted Class A common stock on May 28, 2025, as part of his non-executive compensation following re-election to the board.

Summary

• Gregory James McCray, a Director of DigitalBridge Group, Inc. (DBRG), received a grant of 15,271 shares of restricted Class A common stock.
• The transaction occurred on May 28, 2025, and was filed on May 30, 2025.
• This grant is part of the Issuer's non-executive compensation policy, related to his recent re-election to the board of directors.
• The restricted shares are scheduled to vest on May 28, 2026.
• The number of shares was determined by dividing a fixed grant value of $175,000 by the closing price of the Issuer's common stock on the New York Stock Exchange on the business day prior to the grant date.
• Following this transaction, Mr. McCray beneficially owns 57,561 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The filing reports a standard, expected compensation event for a director, reflecting normal corporate governance and compensation practices. It is a neutral to slightly positive event as it indicates continuity in board membership and adherence to compensation policies.

Positives

• The grant of restricted stock aligns with the company's non-executive compensation policy, indicating standard corporate governance practices.
• The re-election of Gregory James McCray to the board suggests continuity in governance and leadership.

Risks

• The ultimate value of the restricted stock granted is subject to the future performance of DigitalBridge Group, Inc.'s stock price until the vesting date of May 28, 2026.

Future Outlook

The restricted shares granted to Director Gregory James McCray are scheduled to vest on May 28, 2026, indicating a future milestone for this compensation and continued alignment of director incentives with long-term company performance.

Management Comments

• The filing indicates the grant was in accordance with the Issuer's non-executive compensation policy in connection with the reporting person's recent re-election to the Issuer's board of directors.

Industry Context

This transaction is a routine insider filing for director compensation, common across publicly traded companies, particularly in the digital infrastructure sector where DigitalBridge operates. It reflects standard practices for attracting and retaining board talent and aligning their interests with shareholders.

Comparison to Industry Standards

• The grant of restricted stock as part of non-executive director compensation is a common practice across various industries, including the digital infrastructure and real estate investment trust (REIT) sectors where DigitalBridge operates, aligning with typical corporate governance and incentive structures.
• The fixed grant value of $175,000 for a non-executive director's annual equity compensation is generally within the range observed for directors at companies of similar market capitalization and complexity in the technology and infrastructure sectors, though specific benchmarks would require detailed peer analysis.

Management Changes

Corporate Governance

Stakeholder Impact

• Shareholders: The grant of restricted stock aligns the director's interests with shareholders by providing equity-based compensation, which vests over time, potentially encouraging long-term value creation.
• Employees: No direct impact on general employees is indicated by this filing, as it pertains specifically to director compensation.

Next Steps

• The restricted shares granted to Gregory James McCray are scheduled to vest on May 28, 2026.

Key Dates

Recommendation

Keywords

DigitalBridge Group, DBRG, Form 4, SEC filing, restricted stock, stock grant, director compensation, corporate governance, insider transaction