DigitalBridge Group, Inc. Announces 2024 Annual Meeting of Stockholders
Ticker: DBRG-PJ · Form: DEF 14A · Filed: Mar 18, 2024 · CIK: 1679688
Sentiment: neutral
Topics: proxy statement, annual meeting, stockholders, virtual meeting, voting
TL;DR
<b>DigitalBridge Group, Inc. is holding its 2024 Annual Meeting of Stockholders virtually on April 26, 2024, and is soliciting proxies.</b>
AI Summary
DigitalBridge Group, Inc. (DBRG-PJ) filed a Proxy Statement (DEF 14A) with the SEC on March 18, 2024. DigitalBridge Group, Inc. will hold its 2024 Annual Meeting of Stockholders virtually on April 26, 2024, at 9:00 a.m. Eastern Time. Stockholders can attend, vote, and submit questions via live audio webcast at https://web.lumiconnect.com/286413441. The company is soliciting proxies for the meeting and provides instructions for voting by mail, telephone, or internet. The filing is a Definitive Proxy Statement (DEF 14A) filed on March 18, 2024. Nancy A. Curtin, Chairperson, signed the message to stockholders on March 18, 2024.
Why It Matters
For investors and stakeholders tracking DigitalBridge Group, Inc., this filing contains several important signals. This proxy statement provides crucial information for stockholders to make informed voting decisions on matters presented at the annual meeting. The virtual format allows for broader participation from stockholders regardless of their physical location.
Risk Assessment
Risk Level: low — DigitalBridge Group, Inc. shows low risk based on this filing. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
Analyst Insight
Stockholders should review the proxy materials carefully and vote their shares by the specified deadline to ensure their voice is heard on corporate matters.
Key Numbers
- 2024 — Annual Meeting Year (The year for the Annual Meeting of Stockholders.)
- April 26 — Meeting Date (The date of the 2024 Annual Meeting of Stockholders.)
- 9:00 a.m. Eastern Time — Meeting Time (The start time for the virtual meeting.)
- DEF 14A — Filing Type (Form type for the proxy statement.)
- 20240318 — Filing Date (The date the proxy statement was filed.)
Key Players & Entities
- DigitalBridge Group, Inc. (company) — Registrant and filer of the proxy statement.
- Nancy A. Curtin (person) — Chairperson of the Board who signed the message to stockholders.
- April 26, 2024 (date) — Date of the 2024 Annual Meeting of Stockholders.
- 9:00 a.m. Eastern Time (time) — Start time of the 2024 Annual Meeting of Stockholders.
- https://web.lumiconnect.com/286413441 (url) — Web address for the virtual annual meeting.
- 750 Park of Commerce Drive Suite 210 Boca Raton, Florida 33487 (address) — Business and mailing address of DigitalBridge Group, Inc.
FAQ
When did DigitalBridge Group, Inc. file this DEF 14A?
DigitalBridge Group, Inc. filed this Proxy Statement (DEF 14A) with the SEC on March 18, 2024.
What is a DEF 14A filing?
A DEF 14A is a definitive proxy statement sent to shareholders before annual meetings, covering executive compensation, board nominations, and shareholder votes. This particular DEF 14A was filed by DigitalBridge Group, Inc. (DBRG-PJ).
Where can I read the original DEF 14A filing from DigitalBridge Group, Inc.?
You can access the original filing directly on the SEC's EDGAR system. The filing is publicly available and includes all exhibits and attachments submitted by DigitalBridge Group, Inc..
What are the key takeaways from DigitalBridge Group, Inc.'s DEF 14A?
DigitalBridge Group, Inc. filed this DEF 14A on March 18, 2024. Key takeaways: DigitalBridge Group, Inc. will hold its 2024 Annual Meeting of Stockholders virtually on April 26, 2024, at 9:00 a.m. Eastern Time.. Stockholders can attend, vote, and submit questions via live audio webcast at https://web.lumiconnect.com/286413441.. The company is soliciting proxies for the meeting and provides instructions for voting by mail, telephone, or internet..
Is DigitalBridge Group, Inc. a risky investment based on this filing?
Based on this DEF 14A, DigitalBridge Group, Inc. presents a relatively low-risk profile. The filing is a routine proxy statement for an annual meeting, with no immediate financial or operational risks indicated.
What should investors do after reading DigitalBridge Group, Inc.'s DEF 14A?
Stockholders should review the proxy materials carefully and vote their shares by the specified deadline to ensure their voice is heard on corporate matters. The overall sentiment from this filing is neutral.
How does DigitalBridge Group, Inc. compare to its industry peers?
DigitalBridge Group, Inc. operates in the digital infrastructure sector, focusing on investments in data centers, cell towers, and fiber networks.
Are there regulatory concerns for DigitalBridge Group, Inc.?
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
Industry Context
DigitalBridge Group, Inc. operates in the digital infrastructure sector, focusing on investments in data centers, cell towers, and fiber networks.
Regulatory Implications
The filing is made under Section 14(a) of the Securities Exchange Act of 1934, which governs the solicitation of proxies.
What Investors Should Do
- Review the proxy statement for proposals and director nominees.
- Vote your shares by mail, telephone, or internet before the meeting.
- Attend the virtual meeting on April 26, 2024, to participate and ask questions.
Key Dates
- 2024-04-26: 2024 Annual Meeting of Stockholders — Key date for stockholders to vote and participate in corporate governance.
- 2024-03-18: Filing Date of DEF 14A — Indicates when the proxy materials were officially submitted to the SEC.
Year-Over-Year Comparison
This is the initial filing for the 2024 proxy season, providing details for the upcoming annual meeting.
Filing Stats: 4,337 words · 17 min read · ~14 pages · Grade level 18.2 · Accepted 2024-03-18 17:01:16
Key Financial Figures
- $0.01 — of the Company's Class A common stock, $0.01 par value per share ("Class A common st
- $7.7 billion — DigitalBridge successfully raised over $7.7 billion in new fee-earning equity since January
- $10 b — der Management ("FEEUM") increased over $10 billion, or 47% YoY, to $33B as of Decemb
- $33B — reased over $10 billion, or 47% YoY, to $33B as of December 31, 2023, powered by org
- $128 million — ble to common stockholders increased to $128 million in 2023 (compared to GAAP net loss attr
- $382 million — attributable to common stockholders of $382 million in 2022), 2 | DIGITALBRIDGE 2024 PROX
- $100 million — d annual Adjusted EBITDA up 93% to over $100 million with profit margins continuing to expan
- $471 million — s in a process that unlocked a total of $471 million of monetized value for DBRG shareholder
- $5 billion — econsolidation initiative resulted in a $5 billion reduction in consolidated debt, trimmin
- $400 million — consolidated debt, trimming it to under $400 million and substantially simplifying our balan
- $2.5 billion — cation Family Office, Board Member of $2.5 billion in assets Family Office Governance Boar
Filing Documents
- tm242824d4_def14a.htm (DEF 14A) — 2439KB
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Executive Compensation Program
Executive Compensation Program 44 Compensation Tables and Related Narrative 47 Discussion of Summary Compensation and Grants of Plan-Based Awards Tables 56 Equity Compensation Plan Information 63
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 63 64 65 PROPOSAL NO. 3: Approval of the DigitalBridge Group, Inc. 2024 Omnibus Stock Incentive Plan 76 PROPOSAL NO. 4: RATIFICATION OF APPOINTMENT OF OUR INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 77 AUDIT COMMITTEE REPORT 78 INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM'S FEES 79 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS 79 Policy for Review of Related Party Transactions 81 FREQUENTLY ASKED QUESTIONS AND ANSWERS 81 Questions and Answers about the 2024 Annual Meeting and Voting 85 Attend Our 2024 Annual Meeting of Stockholders 86 OTHER INFORMATION 86 Stockholder Proposals and Director Nominations for 2025 86 Annual Report 87 Where You Can Find More Information 87 Eliminating Duplicate Mailings 87 Incorporation by Reference Exhibit A DigitalBridge Group, Inc. 2024 Omnibus Stock Incentive Plan A-1 APPENDIX A: PROXY CARD TABLE OF CONTENTS DigitalBridge Group, Inc 750 Park of Commerce Drive Suite 210 Boca Raton, Florida 33487 (561) 570-4644 PROXY SUMMARY This summary highlights information contained elsewhere in this Proxy Statement. This summary does not contain all of the information that you should consider, and you should read the entire Proxy Statement carefully before voting. This Proxy Statement and the enclosed form of proxy are first being mailed to stockholders of DigitalBridge Group, Inc., a Maryland corporation (the "Company," "DigitalBridge," "DBRG," "we," "our" or "us"), on or about March 18, 2024. Throughout this Proxy Statement, common stock share and per share information, including units of DigitalBridge Operating Company, LLC, our operating company, and stock award units have been revised for all periods presented to give effect to the one-for-fo