Arbor Realty (ABR) Director Kenneth Bacon Receives 379-Share RSU Award

What Happened
Kenneth J. Bacon, a director of Arbor Realty Trust, received an award of 379 restricted stock units (RSUs) on August 28, 2026. The filing values the award at $5.02 per share for a total of $1,903 (transaction code A — award/other acquisition). These RSUs were issued in lieu of dividend equivalents on existing RSUs.

Key Details

• Transaction date: August 28, 2026; Form 4 filed September 1, 2026 (timely within the two-business-day window).
• Securities: 379 RSUs granted/issued; price used for reporting $5.02; total reported value $1,903.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Mr. Bacon elected to defer dividend equivalents and the receipt of the underlying common stock until January 1, 2027 (or earlier upon a change in control or termination of his director service) under a pre-established deferral election.
• Transaction type: Derivative award (RSU); not an open-market purchase or sale.

Context
RSUs are a form of compensation that convert into shares (or cash equivalent) under plan terms. Because these RSUs were fully vested but the receipt of the underlying common stock is deferred per Mr. Bacon’s election, this grant does not represent an immediate open-market purchase or sale and should be viewed as compensation rather than a direct insider market signal.