van der Reis Dennis 4

What Happened
Dennis van der Reis, Executive Vice President, Structured Asset Management at Arbor Realty Trust (ABR), was granted 70,876 shares under the company's 2024 Amended Omnibus Stock Incentive Plan on 2026-03-13. One-third of the award vested immediately (per footnote). To satisfy tax-withholding obligations, the company withheld 20,237 of those shares in transactions on 2026-03-13 and 2026-03-14; the withheld shares were reported as disposals at $7.67 per share, totaling $155,218.

Key Details

• Grant date: 2026-03-13 — 70,876 shares awarded under the 2024 Amended Omnibus Stock Incentive Plan (F1).
• Withholding (tax) disposals:
  • 2026-03-13: 9,297 shares @ $7.67 = $71,308 (F2)
  • 2026-03-14: 4,795 shares @ $7.67 = $36,778 (F2)
  • 2026-03-14: 6,145 shares @ $7.67 = $47,132 (F2)
• Total shares withheld: 20,237; total cash value reported from withheld shares: $155,218.
• Shares owned after the transaction: not specified in the filing.
• Filing date: 2026-03-17 — appears to be filed within the usual Form 4 timing requirements.
• Footnotes: F1 = grant under 2024 plan with a 1/3 now, 1/3 in one year, 1/3 in two years; F2 = shares withheld by the company to satisfy tax-withholding.

Context
This was primarily an equity award (an acquisition) with a routine share-withholding to cover taxes (reported as dispositions under code F). Share withholding is a common way to meet tax obligations on vested awards and is not the same as an open-market sale; it does not necessarily indicate a change in the insider’s investment stance.