Form 4: AGNC Investment Corp. Executive Kenneth L. Pollack Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


EVP and General Counsel of AGNC Investment Corp., Kenneth L. Pollack, reports disposition of shares to cover tax withholdings and acquisition of dividend equivalent restricted stock units.

Summary

  • Kenneth L. Pollack, EVP and General Counsel of AGNC Investment Corp., filed a Form 4 on February 20, 2025, reporting changes in beneficial ownership of the company's stock.
  • On February 18, 2025, Pollack disposed of 23,246 shares of common stock at a price of $10.49 per share to cover required tax withholdings upon vesting of restricted stock units.
  • Following the transaction, Pollack beneficially owns 416,168 shares of AGNC Investment Corp.
  • This total includes 4,291 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 standard regulatory filing reflecting routine stock transactions. It doesn't inherently convey positive or negative sentiment.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the executive's stock transactions related to tax obligations from vested equity awards.

Stakeholder Impact

  • The transaction has a minimal direct impact on stakeholders, as it is a routine adjustment of the executive's stock holdings.

Key Dates

DateDescription
02/18/2025Date of transaction: Disposition of shares to cover tax withholdings.
02/20/2025Date of Form 4 filing.

Keywords

Form 4, Beneficial Ownership, AGNC Investment Corp., Kenneth L. Pollack, Stock Disposition, Restricted Stock Units, Dividend Equivalent Units, Tax Withholdings

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