BACON KENNETH J 4
4 · ARBOR REALTY TRUST INC · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Arbor Realty (ABR) Director Kenneth Bacon Receives Award of 3,947 RSUs
What Happened Kenneth J. Bacon, a director of Arbor Realty Trust, received 3,947 restricted stock units (RSUs) on March 31, 2026. The award is treated as a derivative acquisition at an implied price of $7.60 per share, with a total value of $29,997. These RSUs were issued in lieu of cash compensation under a pre-established director deferred compensation election.
Key Details
- Transaction date: March 31, 2026; Filing date (Form 4): April 2, 2026 (timely).
- Instrument: 3,947 fully vested Restricted Stock Units (derivative award) at $7.60/share — total ~$29,997.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Mr. Bacon elected to defer his cash director compensation; the Company paid that deferred amount in RSUs on the payout date per the director deferred compensation plan.
- Filing status: Reported via Form 4 on April 2, 2026 (no late-filing indication).
Context RSUs issued under deferred compensation plans are a common way for directors to accept equity instead of cash; because these RSUs are fully vested on issuance, they represent immediate economic ownership in the company (and potential tax consequences), not an exercised option or open-market purchase. This type of routine director compensation award is informational and does not by itself signal a change in insider sentiment.
Insider Transaction Report
- Award
Restricted Stock Units
[F1]2026-03-31$7.60/sh+3,947$29,997→ 29,933 total→ Common Stock, par value $0.01 per share (3,947 underlying)
Footnotes (1)
- [F1]Mr. Bacon has elected to defer his cash compensation earned for his service as a director until January 2028, or sooner upon a change in control or his service as a director is terminated, pursuant to a pre-established deferral election. Therefore, Mr. Bacon received 3,947 fully vested Restricted Stock Units of Arbor Realty Trust, Inc. (the "Company") on March 31, 2026 (the date the Company paid out the cash compensation to its directors), pursuant to the terms of the director deferred compensation plan, in lieu of his cash compensation earned.