Form 4: Annaly Capital Management CFO Serena Wolfe Sells Shares Under 10b5-1 Plan

Serena Wolfe, CFO of Annaly Capital Management, sold 25,386 shares of common stock at an average price of $19.57 per share under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 13, 2025, Serena Wolfe, the Chief Financial Officer of Annaly Capital Management, sold 25,386 shares of the company's common stock.
• The sale was executed at a weighted average price of $19.57 per share, with prices ranging from $19.47 to $19.64.
• The transaction was conducted under a Rule 10b5-1 trading plan adopted on February 6, 2025.
• Following the transaction, Wolfe directly owns 161,586 shares of Annaly Capital Management, which includes dividend equivalent units (DEUs).

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing an insider stock sale under a pre-arranged plan. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

This Form 4 filing is a routine disclosure of insider trading activity. It's common for executives to use 10b5-1 plans to sell shares over time to avoid accusations of trading on inside information. The sale itself doesn't necessarily indicate a negative outlook for the company, but it's something investors often monitor.

Stakeholder Impact

• The sale of shares by a key executive could be perceived negatively by some shareholders, although the existence of a 10b5-1 plan mitigates this concern.

Key Dates

Keywords

Annaly Capital Management, Serena Wolfe, NLY, Form 4, insider trading, Rule 10b5-1 plan, CFO, stock sale, securities