Sec Form 4 Filing - MARTELLO JOSEPH @ ARBOR REALTY TRUST INC - 2023-10-30

FORM 4 Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person MARTELLO JOSEPH 2. Issuer Name and Ticker or Trading Symbol ARBOR REALTY TRUST INC [ ABR] 5. Relationship of Reporting Person(s) to Issuer (Check all applicable) X __ Director _____ 10% Owner _____ Officer (give title below) _____ Other (specify below) (Last) (First) (Middle) C/O ARBOR REALTY TRUST, INC., 333 EARLE OVINGTON BLVD., STE. 900 3. Date of Earliest Transaction (MM/DD/YY) 10/30/2023 (Street) UNIONDALE, NY11553 4. If Amendment, Date Original Filed (MM/DD/YY) 6. Individual or Joint/Group Filing (Check Applicable Line) __ X __ Form filed by One Reporting Person _____ Form filed by More than One Reporting Person (City) (State) (Zip)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned 1.Title of Security (Instr. 3) 2. Transaction Date (MM/DD/YY) 2A. Deemed Execution Date, if any (MM/DD/YY) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4) Code V Amount (A) or (D) Price Special Voting Preferred Stock, par value $0.01 per share 10/30/2023 S( 1 ) 80,161 D $ 12.47 702,335 ( 2 ) I By: The KFT 2018 NY Trust Special Voting Preferred Stock, par value $0.01 per share 82,902 I By: The Living Trust of Joseph Martello Special Voting Preferred Stock, par value $0.01 per share 3,000,000 ( 2 ) I By: The KFT DT LLC

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned ( e.g. , puts, calls, warrants, options, convertible securities) 1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (MM/DD/YY) 3A. Deemed Execution Date, if any (MM/DD/YY) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4, and 5) 6. Date Exercisable and Expiration Date (MM/DD/YY) 7. Title and Amount of Underlying Securities (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4) Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares Partnership Common Units ( 3 ) 10/30/2023 S( 1 ) 80,161 10/30/2023 ( 3 ) Common Stock, par value $0.01 per share 702,335 ( 2 ) $ 12.47 702,335 ( 2 ) I By: The KFT 2018 NY Trust Partnership Common Units ( 3 ) ( 3 ) ( 3 ) Common Stock, par value $0.01 per share 82,902 82,902 I By: The Living Trust of Joseph Martello Partnership Common Units ( 3 ) ( 3 ) ( 3 ) Common Stock, par value $0.01 per share 3,000,000 ( 2 ) 3,000,000 ( 2 ) I By: The KFT DT LLC

Reporting Owners Reporting Owner Name / Address Relationships Director 10% Owner Officer Other MARTELLO JOSEPH C/O ARBOR REALTY TRUST, INC. 333 EARLE OVINGTON BLVD., STE. 900 UNIONDALE, NY11553 X Signatures /s/ Joseph Martello 11/01/2023 Signature of Reporting Person Date

Explanation of Responses:

( 1 )On October 30, 2023, Arbor Realty Trust, Inc.'s Chief Executive Officer, Ivan Kaufman, purchased these shares/units from The KFT 2018 NY Trust, which is an estate planning vehicle set up for the benefit of his immediate family members. ( 2 )These estate planning vehicles were set up for the benefit of the immediate family of Mr. Kaufman. Mr. Martello shares in the voting and investment power of these vehicles and disclaims beneficial ownership over these securities. ( 3 )Not applicable.

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).

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