Ganzi Marc C 4

What Happened

• Marc C. Ganzi, CEO and a director of DigitalBridge Group, Inc. (DBRG), converted derivative securities (OP Units) into 2,358,601 shares of Class A Common Stock on 2026-05-28. The filing reports the shares as acquired upon conversion and the derivative securities as disposed — a common reporting pattern when units are redeemed for shares.
• No cash consideration was paid in connection with the redemption; the filing does not list a per-share price or a total dollar value for the transaction.

Key Details

• Transaction date: 2026-05-28 (reported on Form 4 filed 2026-06-01 — timely filed)
• Shares acquired: 2,358,601 Class A shares; derivative converted/disposed: 2,358,601 units
• Price/Value: N/A (shares issued upon redemption; no cash paid)
• Footnote: F1 — Shares issued upon redemption of an equivalent number of OP Units in DigitalBridge Operating Company, LLC; OP Units were redeemable one-for-one for cash or, at issuer’s election, shares of Class A Common Stock. No consideration was paid.
• Shares owned after the transaction: not specified in the provided excerpt

Context

• This was a conversion of membership/OP units into common stock (not an open-market purchase or sale). Filings often record both an acquisition of common stock and a disposition of the derivative/unity interest when units are redeemed.
• Such conversions are generally administrative/capital-structure events rather than directional insider buys or sells; they do not, by themselves, indicate CEO sentiment about the stock price.