Form 4: AGNC Investment Corp. Executive Peter Federico Reports Stock Disposal for Tax Withholdings

Peter Federico, Director, President, and CEO of AGNC Investment Corp., reported disposing of 57,014 shares of common stock to cover tax withholdings upon vesting of restricted stock units.

Summary

• On March 15, 2024, Peter Federico, Director, President, and CEO of AGNC Investment Corp., disposed of 57,014 shares of common stock.
• The transaction was executed to cover required tax withholdings upon the vesting of restricted stock unit awards.
• The price per share was $9.63.
• Following the transaction, Federico directly owns 1,367,250.869 shares of common stock and indirectly owns 1,900 shares through an IRA.
• The reported holdings include 6,918 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 the filing represents a routine transaction for tax purposes and doesn't inherently indicate positive or negative performance for the company.

Industry Context

Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders. This filing indicates a routine transaction related to tax obligations arising from vested stock awards.

Stakeholder Impact

• The transaction has a minimal direct impact on shareholders as it is a routine disposal for tax purposes.

Key Dates