Ganzi Marc C 4
Research Summary
AI-generated summary
DigitalBridge (DBRG) CEO Marc Ganzi Withholds 40,330 Shares for Taxes
What Happened
Marc C. Ganzi, CEO and director of DigitalBridge Group, Inc. (DBRG), had 40,330 shares of Class A common stock withheld by the company to satisfy tax withholding obligations related to the vesting of previously granted shares. The withholding was processed at a per-share value of $15.37, totaling approximately $619,872. This was a tax-withholding disposition rather than an open-market sale.
Key Details
- Transaction date: 2026-03-15; filing date: 2026-03-17 (appears timely).
- Type/code: F — shares withheld to cover taxes (disposition).
- Shares withheld/disposed: 40,330 at $15.37 each; total ~ $619,872.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: Issuer withheld shares to satisfy withholding taxes incurred on vested Class A common stock from prior grants.
Context
Share withholding to cover taxes is a common administrative step when restricted stock vests; it reduces the insider's share count but is routine and doesn't necessarily signal a change in the insider's view of the company. This was not an open-market sale or a purchase; it reflects fulfillment of tax liabilities on vested awards.