LAZAR MELVIN F 4
4 · ARBOR REALTY TRUST INC · Filed Jun 16, 2026
Research Summary
AI-generated summary of this filing
Arbor Realty (ABR) Director Melvin F. Lazar Receives Award
What Happened
- Melvin F. Lazar, a director of Arbor Realty Trust, received an award of 1,730 fully vested Restricted Stock Units (RSUs) on June 15, 2026. The filing lists a per-share value of $5.18, for a total reported value of $8,961. This was an award (derivative acquisition), not an open-market purchase or sale.
Key Details
- Transaction date and reported value: 2026-06-15; 1,730 RSUs at $5.18 each, total ~$8,961.
- Transaction code: A (award/grant or other acquisition — derivative).
- Shares owned after transaction: Not specified in the filing.
- Footnote: Lazar received these RSUs in lieu of dividend equivalents on existing RSUs; the RSUs are fully vested but receipt of the underlying common stock is deferred until his director service ends or sooner upon a change in control, per a pre-established deferral election.
- Filing timeliness: Report filed 2026-06-16 (appears timely).
Context
- RSUs are a form of compensation/derivative award; because the stock delivery is deferred, this is not an immediate purchase or sale and does not reflect an active market trade. The dollar value is modest (~$9k), so this is likely routine compensation-related activity rather than a signal of major insider buying or selling.
Insider Transaction Report
Form 4
LAZAR MELVIN F
Director
Transactions
- Award
Restricted Stock Units
[F1]2026-06-15$5.18/sh+1,730$8,961→ 54,424 total→ Common Stock, par value $0.01 per share (1,730 underlying)
Footnotes (1)
- [F1]On June 15, 2026, Mr. Lazar received 1,730 fully vested Restricted Stock Units ("RSUs") of Arbor Realty Trust, Inc. in lieu of the dividend equivalent due on Mr. Lazar's existing RSUs. Mr. Lazar has elected to defer his dividend equivalents and 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.
Signature
/s/ Maysa Vahidi, Attorney-in-Fact for Melvin F. Lazar|2026-06-16