Douglas Elliman Director Lee Sanghyun Receives Restricted Stock Award

What Happened Lee Sanghyun, a director of Douglas Elliman Inc. (DOUG), was granted a restricted stock award of 74,627 shares on August 14, 2026. The Form 4 reports the acquisition at $0.00 per share (award/compensation), so no cash purchase was made. The award is compensation rather than an open‑market purchase or sale.

Key Details

• Transaction date: August 14, 2026; Form 4 filed August 18, 2026.
• Transaction type/code: Award/Grant (A).
• Shares granted: 74,627; reported price: $0.00; reported acquisition value: $0.
• Vesting: The award vests August 14, 2027, subject to continued service, or earlier vesting upon death, disability, or a change of control (per footnote).
• Shares owned after transaction: not specified in the filing.
• No 10b5‑1 plan, tax‑withholding, or late‑filing flag noted in the provided filing details.

Context Restricted stock awards are a form of compensation/retention that tie insiders’ interests to long‑term company performance. Because these shares vest over time, they do not represent an immediate cash investment by the director and should be viewed differently than an insider purchase or sale.