Curtin Nancy Ann 4
Research Summary
AI-generated summary
DigitalBridge (DBRG) Director Nancy Ann Curtin Receives Award of 11,190 Deferred Shares
What Happened
Nancy Ann Curtin, a director of DigitalBridge Group, Inc. (DBRG), was granted 11,190 deferred stock units on June 1, 2026 as part of the company's non-executive director compensation. The grant was a fixed-value award of $175,000 that was converted into Deferred Stock units by dividing the grant value by the closing price of DBRG common stock on the prior business day. The filing reports this as a derivative award (code A); no cash purchase or sale occurred.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (timely filing).
- Award: 11,190 Deferred Stock units; grant value: $175,000 (amount of units derived from dividing $175,000 by prior trading-day closing price).
- Price per share: N/A for the unit grant (value set as $175,000).
- Vesting/payment: Deferred Stock has no expiration, is payable one-for-one in Class A common stock after the reporting person’s separation from service, and is scheduled to vest on June 1, 2027.
- Shares owned after transaction: not disclosed in this Form 4.
- Footnotes: F1 explains this is deferred equity from the director compensation policy; F2 describes payout mechanics, vesting date, and that units convert to common stock one-for-one after departure.
Context
This was a routine compensation award to a newly elected non-executive director (an A-type derivative grant), not an open-market purchase or sale. Deferred stock units are common for director pay and do not represent immediate share ownership or a market-directional trade; they are payable in stock after the director leaves the company or upon vesting as specified.