Rasheed Shaka 4
4 · DigitalBridge Group, Inc. · Filed Jun 3, 2026
Research Summary
AI-generated summary of this filing
DigitalBridge (DBRG) Director Rasheed Shaka Receives Stock Award
What Happened
Rasheed Shaka, a director of DigitalBridge Group, Inc. (DBRG), was granted 11,190 deferred stock units on June 1, 2026 as part of his non‑executive director compensation. The grant represents a fixed award value of $175,000 (implied price ≈ $15.64/unit based on the grant calculation); the Form 4 lists the acquisition price as N/A because these are derivative deferred units rather than open‑market shares.
Key Details
- Transaction date: June 1, 2026; Form 4 filed June 3, 2026 (timely filing).
- Grant type: Deferred Stock Units (derivative award under the non‑executive director compensation policy).
- Amount: 11,190 units, fixed grant value $175,000.
- Vesting / payment: Scheduled to vest on June 1, 2027; payable one‑for‑one in the issuer’s Class A common stock after the reporting person’s separation from service.
- Expiration: Deferred Stock has no expiration date.
- Shares owned after transaction: Not specified in this filing.
- Filing notes: No 10b5‑1 plan or tax‑withholding sale reported; transaction is an award (code A).
Context
This is a compensation grant to a newly elected director, not an open‑market buy or sale. Deferred stock units are common for director pay and do not represent immediately transferable common shares — they convert to common stock after vesting and separation as described in the footnotes. Such awards signal standard compensation practices rather than a direct insider market view.
Insider Transaction Report
- Award
Deferred Stock
[F1][F2]2026-06-01+11,190→ 66,179 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.