Form 4: DigitalBridge Group Director Dale Anne Reiss Receives Restricted Stock Grant Following Re-election

Sentiment:

Insider Transaction Report


DigitalBridge Group, Inc. Director Dale Anne Reiss was granted 15,271 shares of restricted Class A common stock valued at $175,000, vesting in May 2026, as part of her non-executive director compensation.

Summary

  • DigitalBridge Group, Inc. (DBRG) Director Dale Anne Reiss received a grant of 15,271 shares of restricted Class A common stock.
  • The grant was made on May 28, 2025, with a transaction price of $0, indicating it was a compensation grant rather than a purchase.
  • This grant is in accordance with the Issuer's non-executive compensation policy, following Ms. Reiss's recent re-election to the board of directors.
  • The restricted shares are scheduled to vest on May 28, 2026.
  • The number of shares granted was determined by dividing a fixed grant value of $175,000 by the closing price of DigitalBridge's common stock on the NYSE on the business day prior to the grant date.
  • Following this transaction, Dale Anne Reiss beneficially owns 81,636 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The filing indicates a standard, expected compensation event for a director, reflecting good corporate governance and alignment of interests. It is a neutral to slightly positive event as it shows stability in board composition and adherence to compensation policies.

Positives

  • The grant aligns the director's interests with those of shareholders through equity ownership.
  • It reflects the company's adherence to its established non-executive compensation policy.
  • Dale Anne Reiss's re-election to the board indicates continued confidence in her role and contributions.

Future Outlook

The restricted shares granted to Director Dale Anne Reiss are scheduled to vest on May 28, 2026, indicating a future milestone for her equity compensation.

Management Comments

  • The grant represents the receipt of restricted Class A common stock granted by the Issuer to the reporting person 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 disclosure for public companies, reflecting standard compensation practices for non-executive directors, which often include equity grants to align their interests with long-term shareholder value. Such grants are common across various industries, particularly in the technology and real estate sectors where DigitalBridge operates.

Comparison to Industry Standards

  • The practice of compensating non-executive directors with restricted stock grants is a common corporate governance practice across publicly traded companies, including those in the digital infrastructure and real estate investment trust (REIT) sectors like DigitalBridge Group, Inc.
  • Companies such as American Tower Corporation (AMT), Crown Castle International Corp. (CCI), and Equinix, Inc. (EQIX), which operate in similar digital infrastructure or data center spaces, typically utilize a mix of cash and equity compensation for their independent directors to foster alignment with shareholder interests and long-term performance.
  • The grant value of $175,000 for a non-executive director is generally within the typical range for large-cap companies, though specific amounts can vary based on company size, industry, and board responsibilities.

Management Changes

RolePrevious PersonNew PersonEffective DateReason
DirectorNADale Anne Reiss (re-elected)Prior to 05/28/2025Re-election to the Issuer's board of directors.

Corporate Governance

Change TypeDescriptionEffective DateImpact Assessment
Compensation Policy ApplicationThe grant of restricted stock to Director Dale Anne Reiss is in accordance with the Issuer's non-executive compensation policy.05/28/2025Reinforces transparency and adherence to established compensation frameworks for independent directors, promoting alignment with shareholder interests.

Stakeholder Impact

  • Shareholders: The equity grant aligns the director's financial interests with the long-term performance of the company, potentially benefiting shareholders through improved governance and strategic oversight.
  • Employees: No direct impact mentioned for general employees.

Next Steps

  • The restricted shares granted to Dale Anne Reiss are scheduled to vest on May 28, 2026.

Key Dates

DateDescription
05/28/2025Date of transaction: Grant of restricted Class A common stock to Dale Anne Reiss.
05/30/2025Date the Form 4 filing was signed.
05/28/2026Scheduled vesting date for the restricted shares granted to Dale Anne Reiss.

Keywords

DigitalBridge Group, DBRG, SEC Form 4, Insider Transaction, Restricted Stock, Director Compensation, Equity Grant, Corporate Governance, Stock Ownership

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