LAMPEN RICHARD 4

What Happened
Richard Lampen, a director of Douglas Elliman Inc. (DOUG), reported an acquisition by award: a restricted stock grant of 90,910 shares on April 10, 2026. The Form 4 lists the acquisition price as $0 (total reported cost $0). The award was granted under the Issuer's 2021 Management Incentive Plan and will vest on April 10, 2027, subject to Lampen's continued service or earlier vesting upon his death, disability, or a change-of-control.

Key Details

• Transaction date: April 10, 2026; Form 4 filed April 14, 2026 (within the normal Form 4 filing window).
• Transaction type/code: A — Award/Grant (restricted stock).
• Shares granted: 90,910; price reported: $0.
• Shares owned after transaction: Not disclosed in the filing.
• Footnotes: (F1) Grant under the 2021 Management Incentive Plan; one-year vesting with standard service/death/disability/change-of-control provisions. (F2) Lampen disclaims beneficial ownership of these securities in the filing.
• No indication of a sale or exercise; this is a compensation award, not an open-market purchase.

Context
Restricted stock awards to directors are common compensation tools and typically vest over time based on continued service or specified events. Because the Form 4 reports an award (not a market purchase), it does not directly indicate buying interest by the insider. The filing’s disclaimer of beneficial ownership (F2) is included by the reporting person per the disclosure language and should be read as a statement in the filing, not as a valuation or market signal.