Form 4: Annaly Capital Management COO Sells Shares Under 10b5-1 Plan

Steven Francis Campbell, President and COO of Annaly Capital Management, sold 44,374 shares of common stock at an average price of $19.57 on May 13, 2025, under a pre-arranged Rule 10b5-1 trading plan.

Summary

• On May 13, 2025, Steven Francis Campbell, the President and COO of Annaly Capital Management, sold 44,374 shares of the company's common stock.
• The sale was executed at a weighted average price of $19.57 per share.
• The transactions were carried out under a pre-existing Rule 10b5-1 trading plan adopted on February 5, 2025.
• Following the reported transaction, Campbell directly owns 199,967 shares of Annaly Capital Management.
• The reported holdings include dividend equivalent units (DEUs) issued on restricted unit awards, each DEU being equivalent to one share of common stock.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing related to an insider stock sale under a pre-arranged plan. It doesn't inherently convey positive or negative sentiment.

Industry Context

Sales by executives are a normal part of corporate governance. The use of a 10b5-1 plan indicates that the executive is selling shares at predetermined times and prices to avoid accusations of insider trading.

Stakeholder Impact

• The sale of shares by a company 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, Steven Francis Campbell, NLY, Form 4, Stock Sale, Rule 10b5-1, Insider Trading, Dividend Equivalent Units, COO, President