Kenneth J. Bacon, a director of Arbor Realty Trust, Inc., filed a statement of changes in beneficial ownership on September 1, 2026, reporting the acquisition of 379 Restricted Stock Units on August 28, 2026, as a dividend equivalent on existing RSU holdings.

Key Highlights

  • Reporting person: Kenneth J. Bacon, identified as a Director of Arbor Realty Trust, Inc.
  • Transaction date: August 28, 2026, with the filing submitted September 1, 2026.
  • Securities acquired: 379 fully vested Restricted Stock Units received in lieu of a dividend equivalent on existing RSUs.
  • Price per unit: $5.02, as stated in the filing.
  • Post-transaction holdings: 36,224 derivative securities (RSUs) beneficially owned following the reported transaction, held directly.
  • Deferral election: Mr. Bacon has elected to defer receipt of the common stock underlying the RSUs until January 1, 2027, or earlier upon a change in control or termination of his director service.

Director RSU Grant Details and Deferral Terms at Arbor Realty Trust

According to the filing, Kenneth J. Bacon, a director at Arbor Realty Trust, Inc. (NYSE:ABR), received 379 fully vested Restricted Stock Units on August 28, 2026. The RSUs were granted in lieu of the dividend equivalent due on the portion of Mr. Bacon's existing RSU holdings for which he had made a dividend-equivalent deferral election. The filing describes Arbor Realty Trust as the issuer, a real estate investment trust whose common stock carries a par value of $0.01 per share.

The filing discloses that Mr. Bacon has a pre-established deferral election in place, under which he defers both his dividend equivalents and the receipt of the common stock into which his RSUs convert. Per the filing, delivery of the underlying common stock is scheduled for January 1, 2027, but may occur sooner upon a change in control of the company or the termination of Mr. Bacon's service as a director. Following the reported acquisition, the filing states that Mr. Bacon directly holds 36,224 RSUs in total. The transaction was reported as an acquisition (Code A) under the derivative securities table, with no dispositions reported in either Table I or Table II of the filing.

What Was Disclosed

The filing reports that director Kenneth J. Bacon acquired 379 fully vested RSUs at $5.02 per unit on August 28, 2026, as a dividend equivalent on existing holdings, bringing his total directly held RSU position to 36,224 units, with common stock delivery deferred to January 1, 2027.