Form 4: AG Mortgage Investment Trust Director Lisa Quateman Reports Changes in Beneficial Ownership

Director Lisa Quateman reports acquisition of restricted stock units due to dividend equivalent rights, increasing her indirect holdings in AG Mortgage Investment Trust.

Summary

• Lisa Quateman, a director of AG Mortgage Investment Trust, filed a Form 4 on August 2, 2024, reporting changes in her beneficial ownership.
• On July 31, 2024, she acquired 329 restricted stock units (RSUs) due to dividend equivalent rights on previously awarded RSUs.
• These RSUs are fully vested and will be settled in shares of the Issuer's common stock on a one-for-one basis upon her separation from service with the Issuer.
• The price of the derivative security is $7.79.
• Following the reported transaction, Quateman beneficially owns 13,830 shares indirectly through the Quateman Living Trust, of which she is a trustee.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, indicating a neutral sentiment. It reports a routine transaction related to dividend equivalent rights.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates changes in the director's holdings due to dividend equivalent rights.

Stakeholder Impact

• The change in beneficial ownership may have a minor impact on shareholders, reflecting an increase in the director's stake due to dividend equivalent rights.

Key Dates