secwatch.observer — SEC 8-K summary
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Issuer:     ARBOR REALTY TRUST INC (ABR)
CIK:        0001253986
Form:       8-K
Filed at:   2024-04-08T23:59:59+00:00
Accession:  0001628280-24-015277
Event type: other
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Arbor Realty Trust CEO Kaufman gets new incentive agreement: $1.2M salary, performance cash bonus up to $5.85M
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- Third Amended and Restated Annual Incentive Agreement with CEO Ivan Kaufman effective Jan 1, 2024, term through Dec 31, 2028.
- Base salary $1.2M; annual cash payment $1.171M; target performance cash bonus $3.897M, maximum $5.846M.
- Long-term equity: time-based grant $2.2M, performance-based grant $8.8M (each ~half of 2021 amounts after GAAP equity adjustments).
- Performance period for equity grant shortened to four years (from five in prior agreement).
- Additional bonus of $0.974M available for extraordinary corporate capital growth; GAAP Equity Adjustment clause retained.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1253986/000162828024015277/0001628280-24-015277-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1253986/000162828024015277/abr-20240405.htm
  HTML page:      https://secwatch.observer/filing/0001628280-24-015277

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer