Form 4: DigitalBridge President's Stock Withheld for Taxes
Insider Transaction Report
DigitalBridge Group, Inc. President and CIO Benjamin J. Jenkins had 22,656 shares of Class A Common Stock withheld by the issuer to cover tax obligations.
Summary
- Benjamin J. Jenkins, President & CIO of DigitalBridge Group, Inc. (DBRG), reported a transaction involving Class A Common Stock.
- 22,656 shares of Class A Common Stock were withheld by the issuer on March 15, 2026.
- The purpose of the withholding was to satisfy tax obligations incurred in connection with the vesting of certain prior equity grants.
- The deemed price per share for the withheld stock was $15.37.
- Following this transaction, Benjamin J. Jenkins beneficially owns 169,313 shares of Class A Common Stock directly.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, representing a routine administrative transaction related to executive compensation rather than a strategic move or a reflection of company performance.
Future Outlook
NA
Industry Context
StockSavvy.ai notes that insider transactions, particularly those related to tax withholdings upon vesting of equity awards, are common and generally do not reflect a change in management's outlook on the company's fundamentals or future performance. DigitalBridge operates in the digital infrastructure sector, where executive compensation often includes equity grants.
Stakeholder Impact
- Shareholders: Minimal impact as this is a routine, non-discretionary transaction related to executive compensation.
- Employees: No direct impact mentioned.
- Customers: No direct impact mentioned.
- Suppliers: No direct impact mentioned.
- Creditors: No direct impact mentioned.
Key Dates
| Date | Description |
|---|---|
| 03/15/2026 | Date of earliest transaction (shares withheld for taxes) |
| 03/17/2026 | Date Form 4 was signed |
Keywords
DigitalBridge Group, DBRG, Benjamin J. Jenkins, Insider Transaction, Form 4, Stock Withholding, Tax Obligation, Class A Common Stock, Officer Transaction
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