Form 4: Annaly Capital Management Director Scott Wede Reports Changes in Beneficial Ownership

Director Scott Wede reports acquisition of deferred stock units in Annaly Capital Management.

Summary

• On May 14, 2025, Scott Wede, a director of Annaly Capital Management Inc., reported changes in beneficial ownership.
• Wede acquired 8,961 deferred stock units (DSUs) that convert to common stock on a one-for-one basis.
• These DSUs are part of the Annaly Capital Management, Inc. 2020 Equity Incentive Plan.
• The reporting person has elected deferred settlement for all DSUs reported above.
• Following the transaction, Wede beneficially owns 17,544 derivative securities.
• The price of the derivative security is $0.

Sentiment

Score: 5

Explanation: Neutral sentiment as it is a standard regulatory filing detailing stock unit acquisition.

Positives

• The acquisition of deferred stock units aligns the director's interests with the long-term performance of the company.

Future Outlook

The deferred stock units will convert to shares of common stock one year after the date of grant unless the director elects to defer the settlement of the DSUs until after a termination of service.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The acquisition of deferred stock units by a director can signal confidence in the company's future performance to shareholders.

Key Dates

Keywords

beneficial ownership, Form 4, Annaly Capital Management, deferred stock units, director, equity incentive plan, NLY, Wede