Form 4: AGNC Investment Corp. Executive Kenneth L. Pollack Reports Changes in Beneficial Ownership
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
- On March 17, 2025, Kenneth L. Pollack, EVP and General Counsel of AGNC Investment Corp., reported a transaction involving common stock.
- 22,011 shares were disposed of at a price of $10.35 to cover tax withholdings upon vesting of restricted stock units.
- Following the transaction, Pollack beneficially owns 461,027 shares of AGNC Investment Corp.
- This includes 3,702 dividend equivalent restricted stock units received on previously granted RSU awards since the last Form 4 filing.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it reports a routine transaction related to tax obligations and dividend equivalent units.
Industry Context
This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. Investors monitor these filings for insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a standard procedure for covering tax obligations.
Key Dates
| Date | Description |
|---|---|
| 03/17/2025 | Date of transaction: Disposition of shares to cover tax withholdings. |
| 03/18/2025 | Date of signature on the report. |
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.