Form 4: DigitalBridge Group Director James Keith Brown Reports Acquisition of Deferred Stock Units
SEC Form 4
Director James Keith Brown reports the acquisition of 36 deferred stock units in DigitalBridge Group, Inc. due to dividend equivalent rights.
Summary
- On April 15, 2025, James Keith Brown, a director of DigitalBridge Group, Inc., acquired 36 deferred stock units.
- These units were granted pursuant to dividend equivalent rights on previously granted deferred stock.
- 14 of these units are scheduled to vest on April 30, 2025.
- The deferred stock is payable in Class A Common Stock on a one-for-one basis after separation from service with the Issuer.
- Following the transaction, Brown directly owns 26,397 shares of DigitalBridge Group, Inc. Class A Common Stock.
Sentiment
Score: 5
Explanation: This is a neutral report of a routine transaction. It doesn't indicate positive or negative sentiment.
Future Outlook
The deferred stock units are payable in Class A Common Stock on a one-for-one basis after the reporting person's separation from service with the Issuer.
Industry Context
This Form 4 filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common practice in publicly traded companies.
Key Dates
| Date | Description |
|---|---|
| 04/15/2025 | Date of transaction: James Keith Brown acquired 36 deferred stock units. |
| 04/30/2025 | 14 of the deferred stock units are scheduled to vest. |
| 04/17/2025 | Date of signature for the Form 4 filing. |
Keywords
DigitalBridge Group, Director, Deferred Stock Units, Form 4, Beneficial Ownership, Dividend Equivalent Rights, Class A Common Stock, Equity Compensation
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