DigitalBridge Group, Inc.: director Tolley David sold 58,997 shares

What happened

• Tolley David, a director, disposed of 58,997 shares at $16.00 per share on Sep 30, 2026, for $943,952. The filing lists the transaction as a disposition to the issuer (code D).

Key details

• Transaction date and price: Sep 30, 2026 at $16.00 per share.
• Transaction value: $943,952.
• Transaction type/code: disposition to the issuer (D) under the Merger Agreement described in the filing.
• Shares owned after the transaction: not reported in this filing.
• Relevant footnotes from the filing:
  • F1: The transaction occurred pursuant to the merger agreement dated Dec 29, 2025, under which each outstanding share of common stock converted into the right to receive $16.00 per share in cash at the effective time of the merger; outstanding deferred stock units became vested, were cancelled and converted into the right to receive the per share merger consideration.
  • F2: The reported shares include 11,190 shares of restricted Class A common stock that became fully vested immediately prior to the effective time and converted into the per share merger consideration plus any accumulated dividend equivalents.
• Filing timeliness: the filing does not indicate that it was filed late.

Why it may matter

• The filing shows a disposition to the issuer in connection with the merger, not an open-market sale or an options exercise.
• A filing does not show why the insider traded or why the company acted.