Key facts
- This page summarizes Howard M. Lorber's Form 4 filing for Douglas Elliman Inc. (DOUG).
- 1 reported transaction and 0 derivative rows are listed below.
- Accepted by SEC: 20 Nov 2024, 17:00.
Howard M. Lorber - 18 Nov 2024 Form 4 Insider Report for Douglas Elliman Inc. (DOUG)
- Reporting relationship
- Former Chairman, President & CEO, Director
- Issuer ticker
- DOUG
- Reported as of
- 18 Nov 2024
- Net transaction value
- -$1,816,776
- SEC form
- 4
- Accepted by SEC
- 20 Nov 2024, 17:00:18 UTC
- Prior SEC filing
- 07 Oct 2024
- Next SEC filing
- 10 Dec 2024
- Source filing
- View source filing
- Reporting owner signature
- /s/ Howard M. Lorber
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Howard M. Lorber filed Form 4 for Douglas Elliman Inc. (DOUG) on 20 Nov 2024.
Change
- Previous filing in this sequence was filed on 07 Oct 2024.
- Current net transaction value: -$1,816,776.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
DOUG
transaction
Common Stock
Sale
- Transaction value
- $1,816,776
- Shares
- -1,081,414
- Change %
- -44%
- Price
- $1.68
- Shares after
- 1,358,499
- Date
- 18 Nov 2024
- Ownership
- Direct
- Footnotes
- F1, F2
DOUG
holding
Common Stock
No transaction description listed
- Transaction value
- Shares
- Change %
- Price
- Shares after
- 1,380,241
- Date
- 18 Nov 2024
- Ownership
- By: Lorber Alpha II Limited Partnership
- Footnotes
- F3
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Section 16 status
Howard M. Lorber is no longer subject to Section 16 filing requirements. Form 4 or Form 5 obligations may still apply in specific circumstances.
Explanation of responses 3 footnotes
Footnote F1
The reporting person's sale of Douglas Elliman common stock reported herein was matchable under Section 16(b) of the Securities Exchange Act of 1934, to the extent of 100,000 shares, with the reporting person's purchases of: (1) 15,238 shares of Douglas Elliman common stock at a weighted average price of $1.09 per share on July 8, 2024; (2) 82,067 shares of Douglas Elliman common stock at a weighted average price of $1.15 per share on July 9, 2024; and (3) 2,605 shares of Douglas Elliman common stock at a weighted average price of $1.23 per share on July 10, 2024. The reporting person has paid to Douglas Elliman $51,426.58, representing the full amount of the profit realized in connection with the short-swing transaction, less transaction costs.
Footnote F2
Total amount reported reflects the cancellation of 2,965,625 unvested shares of Douglas Elliman common stock subject to vesting on October 21, 2024 in connection with the reporting person's cessation of employment with Douglas Elliman.
Footnote F3
Lorber Alpha II LLC, a Delaware limited liability company, is the general partner of Lorber Alpha II Limited Partnership, a Nevada limited partnership. The reporting person serves as the Managing Member of Lorber Alpha II LLC and has voting and dispositive power with respect to such shares.
SEC remarks
Former Chairman, President & CEO