Form 4: AGNC Investment Corp. Executive Chairman Kain Reports Stock Disposals for Tax Obligations

Gary Kain, Executive Chairman of AGNC Investment Corp., reports disposing of shares to cover tax withholdings related to vesting restricted stock units.

Summary

• Gary Kain, the Executive Chairman of AGNC Investment Corp., filed a Form 4 detailing changes in beneficial ownership.
• On February 18, 2025, Kain disposed of 97,634 shares of common stock at a price of $10.49 per share to cover tax withholdings upon the vesting of restricted stock units.
• Following the transaction, Kain directly owns 2,480,890.101 shares of common stock, which includes 17,488 dividend equivalent restricted stock units received since the last Form 4 filing.
• Kain also indirectly owns 517,920 shares of common stock through a family trust and directly owns 10,900 shares of Series D Preferred Stock.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing detailing stock transactions by an insider. The disposal is for tax purposes, which is a neutral event.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common and don't necessarily indicate a negative outlook on the company.

Stakeholder Impact

• The stock disposal could have a minor impact on shareholders due to the increased supply of shares, but the impact is likely to be minimal given the reason for the disposal.

Key Dates