Form 4: DigitalBridge Group Director Nancy Ann Curtin Reports Acquisition of Deferred Stock Units

Nancy Ann Curtin, a director at DigitalBridge Group, acquired deferred stock units as part of her director compensation, which will vest in Class A Common Stock after her separation from service.

Summary

• On April 30, 2024, Nancy Ann Curtin, a director of DigitalBridge Group, Inc., acquired 10,258 deferred stock units.
• These units were granted as part of her election to defer equity compensation related to her re-election to the board.
• Additionally, she acquired 52 deferred stock units pursuant to dividend equivalent rights on previously granted deferred stock.
• The deferred stock has no expiration date and is payable in Class A Common Stock on a one-for-one basis after her separation from service.
• The initial 10,258 deferred stock units are scheduled to vest on April 30, 2025.
• The amount of Deferred Stock was determined by dividing the fixed grant value of $175,000 by the closing price of the Issuer's common stock on the New York Stock Exchange on the business day prior to the grant date.
• Following these transactions, Curtin directly owns 105,772 deferred stock units.

Sentiment

Score: 7

Explanation: The document reflects a routine transaction related to director compensation, indicating a stable and ongoing relationship between the director and the company. The sentiment is neutral to slightly positive as it reflects standard corporate governance practices.

Positives

• The acquisition of deferred stock units aligns the director's interests with the long-term performance of the company.
• The dividend equivalent rights on deferred stock provide additional value to the director.

Future Outlook

The deferred stock units will vest into Class A Common Stock after the director's separation from service, with the initial grant vesting on April 30, 2025.

Industry Context

Director compensation in the form of deferred stock units is a common practice in publicly traded companies to align the interests of directors with those of shareholders.

Stakeholder Impact

• The acquisition of deferred stock units aligns the director's interests with those of the shareholders, potentially leading to decisions that benefit the company's long-term performance.

Key Dates