Form 4: Annaly Capital Management Director Thomas Hamilton Reports Changes in Beneficial Ownership

Director Thomas Edward Hamilton reports acquisition of deferred stock units and adjustments to direct and indirect ownership of Annaly Capital Management stock.

Summary

• On May 15, 2024, Thomas Edward Hamilton, a director of Annaly Capital Management, reported changes in his beneficial ownership of the company's stock.
• Hamilton acquired 8,583 deferred stock units (DSUs) which convert to common stock on a one-for-one basis one year after the grant date, with settlement deferred until after termination of service.
• Hamilton directly disposed of 32,500 shares of common stock.
• Hamilton's indirectly held shares through Cure FA Foundation, Inc. is 82,500 shares.
• Following these transactions, Hamilton directly owns 36,282 DSUs.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing, so the sentiment is neutral. It simply reports transactions by a company director.

Future Outlook

The deferred stock units will convert to shares of common stock on a one-for-one basis 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 disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the transactions of a company director.

Key Dates