Form 4: DigitalBridge Director Nancy Ann Curtin Receives Deferred Stock as Equity Compensation
Insider Transaction Report
DigitalBridge Group, Inc. director Nancy Ann Curtin was granted 15,271 deferred stock units valued at $175,000 as part of her non-executive director compensation policy following her re-election to the board.
Summary
- Nancy Ann Curtin, a Director of DigitalBridge Group, Inc. (DBRG), received 15,271 deferred stock units on May 28, 2025.
- These deferred stock units represent equity compensation for her re-election to the Issuer's board of directors, in accordance with the company's non-executive director compensation policy.
- The amount of deferred stock 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.
- The deferred stock units are payable in the Issuer's Class A Common Stock on a one-for-one basis after Ms. Curtin's separation from service with the Issuer.
- The deferred stock is scheduled to vest on May 28, 2026.
- Following this transaction, Ms. Curtin beneficially owns 121,429 derivative securities (deferred stock units).
Sentiment
Score: 7
Explanation: The filing indicates a routine and expected compensation event for a director, aligning her interests with shareholders. This is a neutral to slightly positive event as it reflects standard corporate governance and commitment.
Positives
- The grant of deferred stock aligns the interests of Director Nancy Ann Curtin with those of the shareholders, as her compensation is tied to the company's equity performance.
- This transaction reflects the company's adherence to its established non-executive director compensation policy, indicating consistent corporate governance practices.
Future Outlook
The deferred stock units are scheduled to vest on May 28, 2026, and will be payable in Class A Common Stock on a one-for-one basis after the reporting person's separation from service with the Issuer.
Management Comments
- The deferred stock units were granted in respect of the reporting person's election to defer equity compensation payable in accordance with the Issuer's non-executive director compensation policy in connection with her recent re-election to the Issuer's board of directors.
Industry Context
The grant of deferred stock units as compensation for non-executive directors is a common practice across publicly traded companies, serving to align the interests of board members with long-term shareholder value.
Comparison to Industry Standards
- The practice of compensating non-executive directors with equity, such as deferred stock units, is a standard corporate governance practice widely adopted by publicly traded companies globally. This method is favored for aligning director incentives with long-term company performance and shareholder interests.
- While specific comparable companies or projects are not detailed in this filing, the structure of this compensation (fixed value converted to shares, vesting period, payment upon separation) is consistent with typical non-executive director compensation packages observed in the broader market.
Stakeholder Impact
- Shareholders: The equity compensation aligns the director's financial interests with the long-term performance of the company, potentially benefiting shareholders through improved governance and strategic oversight.
Next Steps
- The deferred stock units are scheduled to vest on May 28, 2026.
- The deferred stock will be payable in Class A Common Stock upon Nancy Ann Curtin's separation from service with DigitalBridge Group, Inc.
Key Dates
| Date | Description |
|---|---|
| 05/28/2025 | Date of transaction: Receipt of deferred stock units. |
| 05/30/2025 | Date the Form 4 was signed by Blake Clardy, as Attorney-in-fact. |
| 05/28/2026 | Scheduled vesting date for the deferred stock units. |
Keywords
DigitalBridge Group, DBRG, SEC Form 4, Insider Transaction, Equity Compensation, Deferred Stock Units, Director Compensation, Corporate Governance
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