Brodie Bradley Harris 4
Research Summary
AI-generated summary
Douglas Elliman (DOUG) SVP/General Counsel Brodie Harris Receives Award
What Happened
- Brodie Bradley Harris, SVP, General Counsel and Secretary of Douglas Elliman Inc. (DOUG), was granted a restricted stock award of 175,000 shares on April 10, 2026. The award was granted at $0.00 (i.e., as compensation), so no purchase price was paid by the insider.
Key Details
- Transaction date and type: 2026-04-10 — Grant/Award (code A).
- Shares granted: 175,000 shares; acquisition price reported as $0.00.
- Vesting: Three equal annual installments beginning December 15, 2026, subject to continued employment. Vesting accelerates on change-of-control and the next tranche may accelerate if terminated without cause or for good reason.
- Shares owned after transaction: Not specified in the filing.
- Filing timeliness: Report filed on the same day (2026-04-10), indicating a timely Form 4.
Context
- This was a compensation grant (restricted stock award), not an open-market purchase or sale. Such awards are common for executives and reflect compensation/retention incentives rather than an immediate bullish or bearish trading signal. The shares generally remain subject to vesting and transfer restrictions until they vest.