Green William C 4

What Happened

William C. Green, a director of Arbor Realty Trust, Inc. (ABR), was granted 1,846 fully vested Restricted Stock Units (RSUs) on March 24, 2026. The filing lists the per-share value as $7.46, for a total economic value of $13,771. This transaction is recorded as a derivative award (transaction code A) rather than an open-market purchase or sale.

Key Details

• Transaction date: March 24, 2026; filing date: March 25, 2026 (timely filing).
• Instrument and amount: 1,846 RSUs granted; per-share value $7.46; total value $13,771.
• Transaction type: Award/Grant (derivative), not a purchase or sale.
• Shares owned after transaction: Not disclosed in this Form 4.
• Footnote: The RSUs were issued in lieu of dividend equivalents on Mr. Green’s existing RSUs. He has elected to defer receipt of the underlying common stock until his director service ends or upon a change in control (pre-established deferral election).

Context

RSU awards and dividend-equivalent issuances are compensation events and do not necessarily signal insider buying or selling intent. Because Mr. Green has elected to defer delivery of the underlying shares, the RSUs remain a deferred, derivative compensation right until termination or a change in control triggers distribution.