Tolley David 4
4 · DigitalBridge Group, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
DigitalBridge (DBRG) Director David Tolley Receives Restricted Shares
What Happened
David Tolley, a director of DigitalBridge Group, Inc. (DBRG), was granted 11,190 restricted Class A common shares on June 1, 2026. The shares were issued at $0.00 purchase price (reporting code A — award/grant) and the grant had a fixed value of $175,000. The restricted shares are scheduled to vest on June 1, 2027.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (filed within the typical two-business-day window for Form 4s).
- Shares granted: 11,190 restricted Class A common shares; acquisition price reported as $0.00.
- Grant value: Fixed grant value of $175,000 (number of shares was set by dividing $175,000 by the closing NYSE price on the business day before the grant).
- Vesting: Scheduled to vest on June 1, 2027.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnote: Grant was made under the issuer’s non-executive compensation policy in connection with the reporting person’s re-election to the board.
Context
This was an award of restricted stock (not a buy or sale) tied to board service — such awards compensate and retain non-executive directors and do not necessarily indicate a change in the director’s view of the company. The award vests over time (one-year vest), and the grant value was fixed in dollars rather than a fixed share count.
Insider Transaction Report
- Award
Class A Common Stock
[F1]2026-06-01+11,190→ 58,997 total
Footnotes (1)
- [F1]Represents the receipt of restricted Class A common stock granted by the Issuer to the reporting person in accordance with the Issuer's non-executive compensation policy in connection with the reporting person's recent re-election to the Issuer's board of directors. The restricted shares are scheduled to vest on June 1, 2027. The number of restricted shares 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.