Form 4: Douglas Elliman CFO's Tax-Related Stock Disposition

Douglas Elliman's CFO, J Bryant Kirkland III, disposed of 75,256 common shares to cover payroll tax liabilities related to restricted stock vesting.

Summary

• J Bryant Kirkland III, Executive Vice President, Treasurer, and CFO of Douglas Elliman Inc., disposed of 75,256 shares of common stock.
• The transaction occurred on December 15, 2025, at a price of $2.755 per share.
• This disposition was made to satisfy payroll tax liabilities incident to the vesting of an aggregate of 191,250 shares of restricted stock.
• The restricted stock awards were granted to the Reporting Person on December 31, 2021, March 14, 2023, February 29, 2024, and October 30, 2024.
• The valuation of $2.755 per share was derived from the average of the low ($2.66) and high ($2.85) stock prices of Douglas Elliman's Common Stock on the vesting date.
• Following this reported transaction, J Bryant Kirkland III beneficially owns 877,274 shares of Douglas Elliman Inc. common stock.

Sentiment

Score: 5

Explanation: The transaction is a routine, non-discretionary event related to executive compensation and tax obligations, indicating a neutral sentiment regarding company performance or future outlook.

Positives

• The underlying event involves the vesting of 191,250 shares of restricted stock, indicating a significant compensation event for the CFO.
• The vesting of restricted stock aligns the executive's interests with those of shareholders by increasing their equity stake in the company.

Negatives

• The disposition of 75,256 shares of common stock, even for tax purposes, reduces the direct shareholdings of the CFO.

Future Outlook

NA

Industry Context

This filing details a routine insider transaction related to executive compensation, which is a standard practice across various industries for publicly traded companies.

Stakeholder Impact

• Shareholders: Minimal direct impact as this is a routine tax-related transaction by an insider, not indicative of a change in company fundamentals or executive sentiment.
• Employees: No direct impact mentioned.

Key Dates

Keywords

Douglas Elliman, DOUG, Form 4, insider transaction, stock disposition, CFO, J Bryant Kirkland III, restricted stock, tax withholding, equity compensation