Form 4: DigitalBridge Group COO Liam Stewart Reports Stock Transactions
SEC Form 4 Filing
Liam Stewart, COO of DigitalBridge Group, reports the acquisition and disposal of Class A Common Stock on March 15, 2025, according to a Form 4 filing.
Summary
- On March 15, 2025, Liam Stewart, the Chief Operating Officer of DigitalBridge Group, Inc., reported transactions involving Class A Common Stock.
- 27,273 shares were disposed of to cover withholding taxes at a price of $9.56 per share.
- Stewart also acquired 83,112 shares of restricted Class A Common Stock with no cost.
- Following these transactions, Stewart beneficially owns 234,670 shares.
- The restricted stock vests annually in three equal installments starting March 15, 2026.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine filing detailing stock transactions related to compensation and tax obligations. There's no indication of unusual activity or concern.
Positives
- The grant of 83,112 restricted shares to the COO indicates a long-term incentive and alignment with the company's success.
Future Outlook
The restricted Class A Common Stock will vest annually in three equal installments on March 15, 2026, March 15, 2027 and March 15, 2028.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates stock-based compensation and tax-related disposals, which are common practices.
Stakeholder Impact
- The stock transactions may have a minor impact on shareholders due to the change in beneficial ownership, but the overall effect is likely minimal.
Key Dates
| Date | Description |
|---|---|
| 03/15/2025 | Date of stock transactions (disposal and acquisition). |
| 03/15/2026 | First vesting date for the restricted Class A Common Stock. |
| 03/15/2027 | Second vesting date for the restricted Class A Common Stock. |
| 03/15/2028 | Third vesting date for the restricted Class A Common Stock. |
| 03/19/2025 | Date of signature for the Form 4 filing. |
Keywords
Form 4, DigitalBridge Group, Liam Stewart, Class A Common Stock, Stock Transactions, Beneficial Ownership, Restricted Stock, COO
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