Form 4: AGNC Investment Corp. Executive Peter Federico Reports Stock Disposals for Tax Obligations
SEC Form 4 Filing
Peter Federico, Director, President, and CEO of AGNC Investment Corp., reported disposing of shares to cover tax withholdings upon vesting of restricted stock units.
Summary
- On February 18, 2025, Peter Federico, Director, President, and CEO of AGNC Investment Corp., disposed of 104,607 shares of common stock to cover tax withholdings.
- The shares were disposed of at a price of $10.49 per share.
- Following the transaction, Federico directly owns 1,614,547.869 shares of AGNC common stock and indirectly owns 1,900 shares through an IRA.
- The reported transactions relate to the vesting of restricted stock unit awards.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing related to stock transactions by an executive. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership. It is standard practice for executives to dispose of shares to cover tax obligations when restricted stock units vest.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it is a routine disposal of shares for tax purposes.
Key Dates
| Date | Description |
|---|---|
| 02/18/2025 | Date of stock disposal for tax withholdings. |
| 02/20/2025 | Date of signature for the Form 4 filing. |
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