Arbor Realty Trust (ABR) Director Melvin Lazar Receives RSU Award

What Happened

• Melvin F. Lazar, a director of Arbor Realty Trust, received 1,842 fully vested Restricted Stock Units (RSUs) on August 28, 2026. The filing reports a per-share value of $5.02, for a total reported value of $9,247. This was recorded as an award/acquisition (Form 4 code A) and represents a derivative equity grant rather than an open-market purchase.

Key Details

• Transaction date: 2026-08-28; Form 4 filed: 2026-09-01 (filed within the typical 2-business-day window).
• Instrument: 1,842 RSUs, valued at $5.02 each; total reported value $9,247.
• Shares owned after transaction: not specified in this filing.
• Footnote: These 1,842 RSUs were issued in lieu of dividend equivalents on Mr. Lazar’s existing RSUs. He elected to defer receipt of the underlying common stock (and dividend equivalents) until his director service ends or sooner upon a change in control, per a pre-established deferral election.
• Transaction type: Award/derivative (not an outright purchase or sale).

Context

• RSUs are compensation-based equity awards; because delivery of the underlying shares is deferred, this filing does not reflect immediate stock ownership or a market buy/sell signal. The reported value is modest and appears to reflect routine director compensation adjustments rather than transactional sentiment.