Friedman David Erwin

Chief Compliance Officer David Friedman buys 8,840 shares while simultaneously selling 7,685 at Arbor Realty Trust—net positive accumulation with strong prior purchase history.

David Friedman, Chief Compliance Officer and Head of Non-Agency Products at Arbor Realty Trust, is adding to his stake with a net purchase of 1,155 shares, marking his sixth open-market buy in the past three years. What sets this transaction apart is that every one of his five prior purchases at ABR has been followed by meaningful gains within the 30-day window, and four of those five also generated positive returns over the following 90 days—demonstrating consistent buying discipline at opportune moments. The company itself is profitable and generating solid earnings, providing a stable operational backdrop for his accumulation. However, the fact that Friedman is simultaneously selling off a similar number of shares he's buying (7,685 shares disposed against 8,840 acquired) suggests a tactical rebalancing rather than an aggressive conviction-driven accumulation, likely reflecting routine portfolio management alongside his core buying activity.

CCO David Erwin buys 2,508 ABR shares at $8.30; 5 prior same-ticker buys all well-timed; cluster pattern with 2 other insiders in 14 days

David Erwin, Chief Compliance Officer and Head of Non-Agency Products at Arbor Realty Trust, purchased 2,508 shares at $8.30 on 2025-11-17, increasing his holdings from 68.4K to 70.9K shares. Notably, his 5 prior trades at ABR were all well-timed purchases with strong 90-day returns ranging from 8.0% to 35.0%, establishing a consistent pattern of execution at favorable entry points for this specific stock. The current transaction coincides with a 2-insider cluster buy within the past 14 days, suggesting coordinated conviction among multiple insiders at current valuations. At a P/E of 8.05 with $52.0M in net income against a $1.7B market cap, the stock trades near its 52-week low ($8.25) after a 44.3% decline from its peak, though context alone cannot verify whether this represents a systematic or circumstantial alignment.

CCO David Erwin buys 4,500 shares at $8.74 avg; prior 5 ABR buys averaged +7.7% 90d returns; cluster buy signal

David Erwin, Chief Compliance Officer and Head of Non-Agency Products at Arbor Realty Trust, executed 4 separate purchases totaling 4,500 shares for $39,318.75 on 2025-05-22 at a blended average price of $8.74, increasing his holdings to 68,413 shares. His prior trade history at ABR shows strong timing discipline: across 5 previous purchases, all generated positive 90-day returns, with an average 90-day gain of +7.4%, demonstrating consistent ability to buy at advantageous levels. The current filing occurs amid a cluster pattern, with 3 other insiders also buying within the past 14 days, and arrives after a material decline—the stock is 37.0% below its 52-week high and down 12.7% in the last 30 days—against a backdrop of profitable fundamentals (net income $43.4M, P/E of 7.47). The repetition of multi-transaction purchases and the synchronization with other insider buyers suggests selective accumulation during depressed pricing conditions, though the stock remains below the transaction prices achieved as recently as the 52-week high.

CCO David Friedman bought 1,775 shares of ABR for $23,229.25 across 2 transactions on 2024-09-05, blended at $13.09.

David Erwin Friedman, Chief Compliance Officer and Head of Non-Agency Products at Arbor Realty Trust, executed 2 separate purchases totaling 1,775 shares for $23,229.25 on 2024-09-05, increasing his holdings by 2.7% to 67,511 shares post-transaction. The blended purchase price of $13.09 compares favorably to the 52-week low of $12.03 and is modestly below the current price of $13.40, though the stock remains 17.1% below its 52-week high. His prior 4 open-market buys at ABR on 2024-06-11 showed consistent 30-day performance in the 15.8–16.3% range; however, no 90-day outcome data is yet available for those June trades, so pattern replication cannot yet be assessed. The company's fundamentals show net income of $61,833,000.00 against revenue of $10,871,000.00 (latest quarter) and a P/E of 7.44, placing valuation in a range that may merit attention relative to historical trading levels.