Form 4: DigitalBridge Group Director Nancy Ann Curtin Reports Acquisition of Deferred Stock Units
SEC Form 4 Filing
Director Nancy Ann Curtin reported the acquisition of 69 deferred stock units of DigitalBridge Group, Inc. due to dividend equivalent rights.
Summary
- On October 15, 2024, Nancy Ann Curtin, a director of DigitalBridge Group, Inc., acquired 69 deferred stock units.
- These units were granted pursuant to dividend equivalent rights on previously granted deferred stock.
- The deferred stock is payable in Class A Common Stock on a one-for-one basis after Ms. Curtin's separation from service with the Issuer.
- As of the transaction, Ms. Curtin directly owns 105,918 shares of Class A Common Stock.
- 7 of the deferred stock units are scheduled to vest on April 30, 2025.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It simply reports a transaction.
Future Outlook
The deferred stock units will be payable in Class A Common Stock after Ms. Curtin'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.
Stakeholder Impact
- The transaction may have a minor impact on shareholders due to the increase in deferred stock units, but it is unlikely to be significant.
Key Dates
| Date | Description |
|---|---|
| 10/15/2024 | Date of transaction: Nancy Ann Curtin acquired 69 deferred stock units. |
| 10/17/2024 | Date of signature on the Form 4 filing. |
| 04/30/2025 | 7 of the deferred stock units are scheduled to vest. |
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