BACON KENNETH J 4

4 · ARBOR REALTY TRUST INC · Filed Mar 25, 2026

AI-generated summary of this filing

Updated Mar 25, 2026

Arbor Realty Trust (ABR) Director Kenneth Bacon Receives Award

What Happened

Kenneth J. Bacon, a director of Arbor Realty Trust, received 419 fully vested Restricted Stock Units (RSUs) on March 24, 2026.
The RSUs were valued at $7.46 each, for a total reported value of $3,126. This transaction is reported as a derivative award (code A), not an open-market purchase or sale.
Mr. Bacon elected to defer receipt of the underlying common stock and dividend equivalents until January 1, 2027 (or sooner upon a change in control or if his director service ends).

Key Details

Transaction date: 2026-03-24; Filing date (Form 4): 2026-03-25 (timely; within required reporting window).
Type: Award/Grant of RSUs (derivative) — 419 RSUs at $7.46 per share; total value ~$3,126.
Shares owned after transaction: Not specified in the provided filing excerpt.
Footnote: The RSUs represent dividend equivalents paid in RSUs; Mr. Bacon elected to defer delivery of the common shares into which the RSUs convert until Jan 1, 2027 (or earlier on change in control or termination).
Transaction code: A (award/grant); this is not a purchase (P) or sale (S).

Context

RSUs are a deferred compensation award that convert into company shares (or cash) later; although these RSUs are fully vested, the director has deferred actual receipt of the shares until 2027, so no immediate increase in transferable shareholdings occurred.
This is a routine compensation-related award for an insider/director and should be interpreted as an award receipt rather than a market trade.

Form 4

Period: 2026-03-24

Director

Transactions

Award
Restricted Stock Units
[F1]
2026-03-24$7.46/sh+419$3,126→ 25,986 total
→ Common Stock, par value $0.01 per share (419 underlying)

Footnotes (1)

[F1]On March 24, 2026, Mr. Bacon received 419 fully vested Restricted Stock Units ("RSUs") of Arbor Realty Trust, Inc. (the "Company") in lieu of the dividend equivalent due on the portion of Mr. Bacon's existing RSUs in which he made such election, which was paid by the Company on March 24, 2026. Mr. Bacon has elected to defer his dividend equivalents and receipt of the common stock into which the RSUs are converted until January 1, 2027, or sooner upon a change in control or his service as a director is terminated, pursuant to a pre-established deferral election.

Signature

/s/ John Bishar, Attomey-in-Fact for Kenneth J. Bacon|2026-03-25

1 file