Arbor Realty (ABR) Director Kenneth Bacon Receives RSU Award

What Happened Kenneth J. Bacon, a director of Arbor Realty Trust, received an award of 6,029 fully vested Restricted Stock Units (RSUs) on September 30, 2026. The RSUs were valued at $3.94 each, totaling $23,754, and were issued in lieu of cash director compensation under a pre-established deferral election. This was an award (derivative transaction), not an open-market purchase or sale.

Key Details

• Transaction date: 2026-09-30; filing date: 2026-10-01 (timely Form 4).
• Instrument: 6,029 RSUs (derivative award) at $3.94 per share; aggregate value $23,754.
• Shares owned after transaction: not specified in the filing.
• Footnote: Mr. Bacon elected to defer his 2026 cash director compensation; the RSUs were issued pursuant to the director deferred compensation plan and are fully vested.
• Transaction type code: A (award/grant).

Context RSU awards to outside directors typically reflect routine compensation arrangements and are not direct purchases or sales of stock by the insider. Because these RSUs were issued in lieu of deferred cash compensation and are fully vested, they increase Mr. Bacon’s economic exposure to the company but do not necessarily indicate a bullish or bearish trading signal.