Form 4: DigitalBridge Group Director Dale Anne Reiss Receives Stock Grant

Director Dale Anne Reiss received 10,258 shares of DigitalBridge Group Class A common stock as part of the company's non-executive compensation policy.

Summary

• Dale Anne Reiss, a director at DigitalBridge Group, Inc., received 10,258 shares of Class A common stock on April 30, 2024.
• The shares were granted as part of the Issuer's non-executive compensation policy, related to Reiss's 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 Group's common stock on the New York Stock Exchange the day before the grant date.
• The restricted shares are scheduled to vest on April 30, 2025.
• Following the transaction, Reiss directly owns 66,365 shares of DigitalBridge Group, Inc.

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 long-term commitment to the company's success.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

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

Comparison to Industry Standards

• Stock grants to non-executive directors are a common practice across the industry.
• The value of the grant ($175,000) is within the typical range for companies of DigitalBridge's size and market capitalization.
• Companies like American Tower and Crown Castle also utilize stock grants as part of their director compensation packages.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders, potentially leading to better decision-making.
• The vesting schedule encourages long-term commitment to the company's success.

Key Dates