Schwartz Elliot 4
4 · ARBOR REALTY TRUST INC · Filed Mar 17, 2026
Research Summary
AI-generated summary of this filing
Arbor Realty Trust (ABR) Director Elliot Schwartz Receives Award
What Happened
Elliot Schwartz, a director of Arbor Realty Trust, was granted 15,141 fully vested restricted stock units (RSUs) on March 13, 2026. The Form 4 reports the transaction as a derivative award (code A) at $0.00 (reported value $0), reflecting an RSU grant rather than an open‑market purchase or sale. This is a compensation/award transaction, not an immediate cash sale or purchase.
Key Details
- Transaction date: 2026-03-13; Form 4 filed: 2026-03-17 (appears timely under the 2-business-day rule).
- Instrument: 15,141 RSUs (reported as derivative grant) @ $0.00; reported value $0.
- Shares owned after transaction: not disclosed in this filing.
- Footnote: Mr. Schwartz elected to defer receipt of the underlying common stock until his director service terminates (or sooner upon a change in control) per a pre-established deferral election under the Company’s 2024 Amended Omnibus Stock Incentive Plan.
- Filing timeliness: filing date matches standard Form 4 timing and is not indicated as late.
Context: RSUs represent a right to receive company shares in the future — here the units are fully vested but delivery of the actual shares is deferred per the director’s election. Such awards are routine compensation for directors and do not necessarily signal immediate buying or selling intent.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-03-13+15,141→ 50,310 total→ Common Stock, par value $0.01 per share (15,141 underlying)
Footnotes (1)
- [F1]On March 13, 2026, Mr. Schwartz was granted 15,141 fully vested restricted stock units ("RSUs") of Arbor Realty Trust, Inc. (the "Company") pursuant to the Company's 2024 Amended Omnibus Stock Incentive Plan. Mr. Schwartz has elected to defer receipt of the common stock into which the RSUs are converted until his service as a director is terminated, or sooner upon a change in control, pursuant to a pre-established deferral election.