Form 4: Annaly Capital Director Receives Equity Grant

Director Martin Laguerre was granted 8,641 deferred stock units as part of Annaly Capital Management's equity incentive plan.

Summary

• Director Martin Laguerre acquired 8,641 Deferred Stock Units (DSUs) on June 10, 2026.
• The DSUs are granted under the Annaly Capital Management, Inc. 2020 Equity Incentive Plan.
• The units convert to common stock on a one-for-one basis.
• The reporting person has elected to defer settlement of these units until after their termination of service.
• Following this transaction, the director holds a total of 42,160 DSUs.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a routine administrative filing regarding director compensation with no material impact on company operations or financial outlook.

Positives

• Alignment of director interests with shareholders through equity-based compensation.

Negatives

• None identified.

Risks

• Value of equity compensation is subject to market fluctuations in Annaly Capital Management's common stock price.

Future Outlook

The DSUs will convert to common stock one year after the grant date, or upon the director's termination of service, per the director's election.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practice in the REIT sector to ensure long-term alignment with shareholder interests.

Comparison to Industry Standards

• The use of deferred stock units for director compensation is consistent with standard practices among large-cap mortgage REITs like AGNC Investment Corp and Starwood Property Trust.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders as this is a standard equity-based compensation award.

Next Steps

• Conversion of DSUs to common stock upon the director's future termination of service.

Key Dates

Keywords

Annaly Capital Management, NLY, Form 4, Director Compensation, Equity Incentive Plan, Insider Transaction