Form 4: DigitalBridge Director Shaka Rasheed Receives Deferred Stock Units as Re-election Compensation

DigitalBridge Group, Inc. Director Shaka Rasheed was granted 15,271 deferred stock units as part of his compensation for re-election to the board, aligning his interests with the company's long-term performance.

Summary

• Shaka Rasheed, a Director of DigitalBridge Group, Inc. (DBRG), received 15,271 deferred stock units on May 28, 2025.
• This grant serves as compensation for his recent re-election to the Issuer's board of directors, consistent with the company's non-executive director compensation policy.
• The deferred stock units represent a fixed grant value of $175,000, determined by the closing price of the Issuer's common stock on the New York Stock Exchange the business day prior to the grant date.
• These units are convertible into DigitalBridge's Class A Common Stock on a one-for-one basis.
• The deferred stock units are scheduled to vest on May 28, 2026, and will be payable after Mr. Rasheed's separation from service with the Issuer.
• Following this transaction, Mr. Rasheed beneficially owns a total of 54,823 derivative securities (deferred stock).

Sentiment

Score: 7

Explanation: The filing indicates a routine director compensation event and continued board service, which is generally positive for corporate governance and stability. It does not contain any negative operational or financial news.

Positives

• The grant of deferred stock units aligns Director Shaka Rasheed's financial interests directly with the long-term performance of DigitalBridge Group, Inc. and its shareholders.
• Mr. Rasheed's re-election to the board and acceptance of equity compensation signals his continued commitment and confidence in the company's future.
• The compensation is in accordance with the Issuer's established non-executive director compensation policy, indicating structured and transparent corporate governance practices.

Future Outlook

This Form 4 primarily reports a past compensation grant and a future vesting date. It does not provide broader forward-looking statements or guidance regarding DigitalBridge Group, Inc.'s operational or financial performance.

Management Comments

• "Represents the receipt of deferred stock units ('Deferred Stock') granted by the Issuer 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 the reporting person's recent re-election to the Issuer's board of directors."
• "Deferred Stock has no expiration date and is payable in the Issuer's Class A Common Stock, on a one-for-one basis, after the reporting person's separation from service with the Issuer. The Deferred Stock is scheduled to vest on May 28, 2026."

Industry Context

The granting of deferred stock units as compensation for non-executive directors is a common and widely accepted practice across various industries, including the digital infrastructure sector where DigitalBridge operates. This method aligns the interests of board members with those of shareholders by tying compensation to the company's stock performance.

Comparison to Industry Standards

• The practice of compensating non-executive directors with equity, such as deferred stock units, is a standard industry practice observed in major companies like American Tower (AMT) and Crown Castle (CCI) within the digital infrastructure and REIT sectors.
• The one-for-one conversion ratio of deferred stock to common stock upon separation from service is a typical structure for such equity awards, ensuring direct alignment with shareholder value.
• The vesting schedule, approximately one year from the grant date, is consistent with common industry norms for director equity compensation, balancing immediate recognition with long-term retention incentives.

Management Changes

Corporate Governance

Related Party Transactions

• The grant of deferred stock units to Director Shaka Rasheed is a related party transaction, representing compensation for his service on the board, which is a standard and disclosed practice.

Stakeholder Impact

• **Shareholders**: The grant of deferred stock units aligns the director's interests with shareholders, as the value is tied to the company's stock performance. It also signals continued stability in board composition.
• **Employees**: No direct impact on employees is mentioned in this filing.
• **Customers/Suppliers/Creditors**: No direct impact on customers, suppliers, or creditors is mentioned in this filing.

Next Steps

• Vesting of the 15,271 deferred stock units on May 28, 2026.
• Conversion of deferred stock into Class A Common Stock upon the reporting person's separation from service with the Issuer.

Key Dates

Recommendation

Keywords

DigitalBridge Group, DBRG, SEC Form 4, Deferred Stock Units, Director Compensation, Equity Compensation, Insider Transaction, Shaka Rasheed, Corporate Governance