Form 4: DigitalBridge Group Director Receives Stock Grant Following Re-election

David Tolley, a director at DigitalBridge Group, received 10,258 shares of restricted Class A common stock as part of the company's non-executive compensation policy following his re-election to the board.

Summary

• David Tolley, a director of DigitalBridge Group, Inc., received 10,258 shares of restricted Class A common stock on April 30, 2024.
• This grant was made in accordance with the company's non-executive compensation policy following Tolley's re-election to the board of directors.
• The restricted shares will vest on April 30, 2025.
• The number of shares was calculated by dividing a fixed grant value of $175,000 by the closing price of DigitalBridge's common stock on the New York Stock Exchange the day before the grant date.
• Following the transaction, Tolley directly owns 32,536 shares of Class A Common Stock.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive. It reflects a standard compensation practice, indicating stability and alignment of interests. There are no red flags or negative implications.

Positives

• The stock grant aligns the director's interests with those of the shareholders.
• The vesting schedule encourages long-term commitment to the company's success.

Future Outlook

The document does not contain any specific forward-looking statements or guidance.

Industry Context

This type of stock grant is a common practice for compensating non-executive directors in publicly traded companies, aligning their interests with shareholders and incentivizing long-term value creation.

Comparison to Industry Standards

• Stock grants to non-executive directors are a standard component of compensation packages in publicly traded companies.
• The size of the grant, valued at $175,000, appears to be within the typical range for companies of DigitalBridge's size and industry.
• Comparable companies in the real estate and technology infrastructure sectors often use similar equity-based compensation to attract and retain qualified board members.

Stakeholder Impact

• The stock grant aligns the director's interests with those of the shareholders, potentially leading to decisions that benefit shareholder value.
• The grant does not have a direct impact on employees, customers, suppliers, or creditors.

Key Dates