Form 4: AGNC Investment Corp. Director Peter Federico Reports Stock Disposal for Tax Obligations
SEC Form 4 Filing
Peter Federico, Director, President, and CEO of AGNC Investment Corp., disposed of shares to cover tax withholdings upon vesting of restricted stock units.
Summary
- On March 17, 2025, Peter Federico, a Director, President, and CEO of AGNC Investment Corp., disposed of 76,636 shares of common stock to cover tax withholdings.
- The shares were disposed of at a price of $10.35 per share.
- Following the transaction, Federico directly owns 1,730,534.869 shares of AGNC Investment Corp. common stock and indirectly owns 1,900 shares through an IRA.
- The direct holdings include 8,221 dividend equivalent restricted stock units received on previously granted RSU awards since the last Form 4 filing.
Sentiment
Score: 5
Explanation: The document is a routine disclosure of stock disposal for tax purposes, which is neither particularly positive nor negative.
Industry Context
Form 4 filings are standard practice for company insiders to report changes in their beneficial ownership of company stock, providing transparency to investors.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal for tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of stock disposal for tax withholdings. |
| 03/18/2025 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.