Form 4: DigitalBridge Group Director James Keith Brown Reports Changes in Beneficial Ownership

Director James Keith Brown reports acquisition of deferred stock units due to dividend equivalent rights, increasing his holdings in DigitalBridge Group.

Summary

• On October 15, 2024, James Keith Brown, a director of DigitalBridge Group, Inc., acquired 18 deferred stock units due to dividend equivalent rights on previously granted deferred stock.
• These deferred stock units are payable in Class A Common Stock on a one-for-one basis after Mr. Brown's separation from service with the Issuer.
• The price of the derivative security is $15.48.
• Following the transaction, Mr. Brown directly owns 26,335 shares of DigitalBridge Group's Class A Common Stock.
• 7 of the deferred stock units are scheduled to vest on April 30, 2025.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard compensation practices and insider confidence, but it's not a major event.

Positives

• The acquisition of deferred stock units through dividend equivalent rights suggests confidence in the company's future performance.

Future Outlook

The deferred stock units are payable in Class A Common Stock after the reporting person's separation from service, indicating a long-term alignment of interests.

Industry Context

Form 4 filings are routine disclosures required by the SEC to ensure transparency in insider trading activities. This filing indicates changes in the holdings of a key executive at DigitalBridge Group.

Stakeholder Impact

• The change in beneficial ownership may have a minor impact on shareholders, reflecting the director's continued investment in the company.

Key Dates