Jenkins Benjamin J. 4
Research Summary
AI-generated summary
DigitalBridge (DBRG) President Benjamin Jenkins Receives 101,976-Share Award
What Happened
- Benjamin J. Jenkins, President and Chief Investment Officer of DigitalBridge Group, Inc. (DBRG), received a grant of 101,976 restricted Class A common shares on June 1, 2026. The reported acquisition price is $0.00 (i.e., a compensatory award rather than a purchase).
Key Details
- Transaction date: 2026-06-01; Form 4 filed on 2026-06-03 (timely filing).
- Transaction type: Award/Grant (code A).
- Shares granted: 101,976 restricted Class A common shares; reported value on Form 4: $0.00 (compensatory grant).
- Vesting: Shares vest annually in three equal installments on June 1, 2027; March 15, 2028; and March 15, 2029 (per footnote).
- Shares owned after the transaction: not specified in the provided filing.
- No 10b5-1 plan, tax-withholding, or sale noted in this report.
Context
- This was a restricted stock award as part of compensation rather than an open-market purchase or sale. Such awards are common for executives and typically vest over time to align incentives with the company’s performance and retention goals.
- Because no cash was paid and the award vests over several dates, the grant alone does not signal immediate buying or selling pressure in the market.