Brown James Keith 4
4 · DigitalBridge Group, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
DigitalBridge (DBRG) Director James K. Brown Receives Stock Award
What Happened
James K. Brown, a director of DigitalBridge Group, Inc. (DBRG), was granted 11,190 deferred stock units on 2026-06-01 as part of the issuer's non‑executive director compensation. The grant has a fixed grant value of $175,000 (implying an approximate per‑unit price of $175,000 / 11,190 ≈ $15.64). This transaction is an award (code A), not an open‑market buy or sale.
Key Details
- Transaction date: 2026-06-01; Form 4 filed 2026-06-03 (timely).
- Grant: 11,190 Deferred Stock units; no per‑share trade price reported (value set at $175,000).
- Vesting/payable: Scheduled to vest on 2027-06-01. Deferred Stock is payable one‑for‑one in the Issuer’s Class A Common Stock after the reporting person’s separation from service. Deferred Stock has no expiration date.
- Shares owned after transaction: not specified in the filing.
- Footnotes: F1 explains these are deferred stock units from an election to defer director compensation; F2 describes payout mechanics (one‑for‑one in Class A shares after separation, vesting date).
- Transaction code: A = Award/Grant (derivative units).
Context
This is a routine director compensation award (deferred units), not a purchase or sale. Deferred stock units do not represent immediately tradable shares; they convert to common stock per the terms (after vesting and upon separation as noted). Such grants are common for non‑executive directors and should be viewed as compensation rather than a direct buy/sell signal about the insider’s view of the company.
Insider Transaction Report
- Award
Deferred Stock
[F1][F2]2026-06-01+11,190→ 52,985 total→ Class A Common Stock (11,190 underlying)
Footnotes (2)
- [F1]Represents the receipt of deferred stock units ("Deferred Stock") granted by the Issuer in respect of the reporting person's election to defer equity compensation payable in accordance with the Issuer's non-executive director compensation policy in connection with the reporting person's recent election to the Issuer's board of directors.
- [F2]Deferred Stock has no expiration date and is payable in the Issuer's Class A Common Stock, on a one-for-one basis, after the reporting person's separation from service with the Issuer. The Deferred Stock is scheduled to vest on June 1, 2027. The amount of Deferred Stock was determined by dividing the fixed grant value of $175,000 by the closing price of the Issuer's common stock on the New York Stock Exchange on the business day prior to the grant date.