Form 4: DigitalBridge Director Jeannie Diefenderfer Receives Stock Grant

Director Jeannie Diefenderfer received 10,258 shares of DigitalBridge Group, Inc. Class A common stock as part of a non-executive compensation policy.

Summary

• Jeannie Diefenderfer, a director of DigitalBridge Group, Inc., received 10,258 shares of Class A common stock on April 30, 2024.
• The shares were granted as part of the company's non-executive compensation policy, related to her re-election to the board.
• The grant's value was determined by dividing a fixed grant value of $175,000 by the closing price of DigitalBridge's common stock on the New York Stock Exchange the day before the grant.
• These restricted shares are scheduled to vest on April 30, 2025.
• Following the transaction, Diefenderfer directly owns 59,613 shares.

Sentiment

Score: 7

Explanation: The document reflects a routine compensation practice, indicating stability and alignment of interests. It's a neutral-positive event.

Positives

• The stock grant aligns the director's interests with those of the shareholders.
• The vesting schedule encourages continued service on the board.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance.

Industry Context

Stock grants to board members are a common practice in publicly traded companies to align their interests with shareholders and incentivize their service.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders, potentially leading to better decision-making.
• The grant does not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates