BACON KENNETH J 4
4 · ARBOR REALTY TRUST INC · Filed Jul 1, 2026
Research Summary
AI-generated summary of this filing
Arbor Realty (ABR) Director Kenneth Bacon Receives Award
What Happened
- Kenneth J. Bacon, a director of Arbor Realty Trust, received an award of 5,555 restricted stock units (RSUs) on June 30, 2026. The RSUs were reported at $5.40 each, for a total value of $29,997, and are recorded on the Form 4 as a derivative grant (code A). This award was granted in lieu of cash director compensation.
Key Details
- Transaction date and value: 2026-06-30; 5,555 RSUs @ $5.40 each = $29,997.
- Transaction type: Award/grant of fully vested RSUs (reported as derivative).
- Shares owned after transaction: Not disclosed in this Form 4.
- Footnote: Mr. Bacon elected to defer his 2026 cash director compensation; per the director deferred compensation plan he received 5,555 fully vested RSUs on the payout date (F1). RSUs were issued in lieu of cash and are tied to the pre-established deferral election.
- Timeliness: Form filed 2026-07-01 reporting the 6/30/2026 transaction (no late filing indicated).
Context
- RSU awards to non-employee directors are routine compensation and here were issued as deferred pay rather than an open-market purchase or sale. The filing notes the RSUs were fully vested when issued, so this is primarily a compensation event rather than an anticipatory purchase signaling a director’s market view.
Insider Transaction Report
Form 4
BACON KENNETH J
Director
Transactions
- Award
Restricted Stock Units
[F1]2026-06-30$5.40/sh+5,555$29,997→ 35,845 total→ Common Stock, par value $0.01 per share (5,555 underlying)
Footnotes (1)
- [F1]Mr. Bacon has elected to defer his cash compensation earned in 2026 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 5,555 fully vested Restricted Stock Units of Arbor Realty Trust, Inc. (the "Company") on June 30, 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.
Signature
/s/ John Bishar, Attomey-in-Fact for Kenneth J. Bacon|2026-07-01