Form 4: DigitalBridge Group Director Rasheed Shaka Reports Acquisition of Deferred Stock Units

Director Rasheed Shaka reported the acquisition of deferred stock units in DigitalBridge Group, Inc. due to dividend equivalent rights.

Summary

• On July 15, 2024, DigitalBridge Group, Inc. Director Rasheed Shaka acquired 29 deferred stock units.
• These units were granted pursuant to dividend equivalent rights on previously granted deferred stock.
• The price of the transaction was $13.98.
• Following the transaction, Shaka directly owns 39,435 shares of Class A Common Stock.
• 8 of the deferred stock units are scheduled to vest on April 30, 2025.
• The deferred stock units have no expiration date and are payable in Class A Common Stock on a one-for-one basis after separation from service with the Issuer.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to stock ownership. It doesn't inherently convey positive or negative sentiment.

Future Outlook

The deferred stock units are payable in Class A Common Stock on a one-for-one basis after separation from service with the Issuer.

Industry Context

This filing is a routine disclosure of a director's acquisition of deferred stock units, which is a common form of equity compensation in publicly traded companies.

Key Dates