Tsunis George 4

What Happened
George Tsunis, a director of Arbor Realty Trust (ABR), made an open-market purchase of 1,927 shares on 2026-03-17 at $7.85 per share, for a total reported cost of $15,127. This was a direct purchase (transaction code P), representing a purchase rather than a sale.

Key Details

• Transaction date: 2026-03-17 (reported on Form 4 filed 2026-03-18).
• Price: $7.85 per share; Total value: $15,127.
• Transaction type: Open market or private purchase (code P).
• Shares owned after transaction: Not specified in the filing.
• Footnotes / plans: No 10b5-1 plan, tax-withholding, or other special footnotes disclosed in the filing.
• Timeliness: Form 4 was filed the next day (2026-03-18); the filing appears timely.

Context
Open-market purchases by insiders are often watched as a potential positive signal, but they do not prove future performance. This report documents a straightforward purchase by a director; no options exercises, awards, or gifts are involved.