Form 4: Annaly Capital Management Director John H. Schaefer Reports Changes in Beneficial Ownership

Director John H. Schaefer reports changes in beneficial ownership of Annaly Capital Management Inc. common stock and deferred stock units.

Summary

• On May 15, 2025, John H. Schaefer, a director of Annaly Capital Management Inc., filed a Form 4 to report changes in his beneficial ownership of the company's securities.
• The report indicates that Schaefer directly owns 21,873 shares of common stock.
• Schaefer also holds 63,262 Deferred Stock Units (DSUs), which convert to common stock on a one-for-one basis one year after the grant date, unless settlement is deferred until after termination of service.
• The reported DSUs include 18,270 DSUs acquired through dividend reinvestment for which no additional price was paid.
• Schaefer has elected to defer the settlement of all reported DSUs until after termination of service.

Sentiment

Score: 5

Explanation: The document is a routine regulatory filing, so the sentiment is neutral.

Positives

• The director's holdings include a significant number of DSUs, indicating a long-term commitment to the company.
• Dividend reinvestment further increases the director's stake in the company.

Future Outlook

The director's deferred stock units will convert to shares of common stock one year after the grant date, or later if settlement is deferred until after termination of service.

Industry Context

Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their investment activities in the company's stock.

Stakeholder Impact

• Shareholders are informed about changes in the holdings of a key company director.

Key Dates

Keywords

beneficial ownership, Form 4, Annaly Capital Management, NLY, director, John H. Schaefer, common stock, deferred stock units, DSUs, dividend reinvestment