Form 4: Annaly Capital Director Receives Equity Grant

Director Glenn Votek was granted 8,641 Deferred Stock Units as part of Annaly Capital Management's equity incentive plan.

Summary

• Director Glenn Votek acquired 8,641 Deferred Stock Units (DSUs) on June 10, 2026.
• The DSUs were granted under the Annaly Capital Management, Inc. 2020 Equity Incentive Plan.
• The reporting person has elected to defer the settlement of these units until after their termination of service.
• Following this transaction, the director holds a total of 44,348 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 long-term shareholder value through equity-based compensation.

Negatives

• None identified.

Risks

• Value of equity holdings is subject to market volatility of Annaly Capital Management common stock.

Future Outlook

The DSUs convert to common stock on a one-for-one basis one year after the grant date, subject to the director's election to defer settlement until after termination of service.

Industry Context

StockSavvy.ai notes that equity grants to board members are standard corporate governance practice in the REIT sector to ensure alignment between leadership and shareholders.

Comparison to Industry Standards

• The grant follows standard industry practices for non-executive director compensation in large-cap mortgage REITs.

Corporate Governance

Stakeholder Impact

• Minimal impact on shareholders as this is a standard compensation disclosure.

Next Steps

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

Key Dates

Keywords

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