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

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

• On March 15, 2024, Kenneth L. Pollack, EVP and General Counsel of AGNC Investment Corp., reported changes in beneficial ownership.
• 21,559 shares of common stock were disposed of at a price of $9.63 per share to cover tax withholdings upon vesting of restricted stock units.
• Following the transaction, Pollack beneficially owns 341,572 shares of AGNC Investment Corp.
• This total includes 3,148 dividend equivalent restricted stock units received on previously granted RSU awards since the last Form 4 filing.

Sentiment

Score: 6

Explanation: The sentiment is neutral as the filing primarily reflects routine transactions related to executive compensation and tax obligations.

Positives

• The reporting person received 3,148 dividend equivalent restricted stock units, increasing their holdings.

Negatives

• The reporting person disposed of 21,559 shares to cover tax obligations.

Industry Context

Form 4 filings are standard disclosures required by the SEC for insiders of publicly traded companies, providing transparency into their transactions and holdings.

Stakeholder Impact

• The transaction has a minimal impact on shareholders as it is a routine sale of shares to cover tax obligations.

Key Dates