Form 4: Armour Residential REIT Director Hollihan Exercises Phantom Stock, Acquires Shares
SEC Form 4
Director John P. Hollihan III converted phantom stock into Armour Residential REIT shares and cash to cover income taxes.
Summary
- On May 21, 2025, John P. Hollihan III, a director of Armour Residential REIT, Inc., converted 520 shares of vested phantom stock.
- 312 shares were converted into ARMOUR common stock.
- The remaining 208 shares were converted into cash to cover income taxes.
- Following these transactions, Hollihan directly owns 12,821 shares of common stock and 4,260 phantom stock units.
- Each phantom stock unit is equivalent to one share of ARMOUR common stock.
Sentiment
Score: 5
Explanation: This is a neutral event reflecting standard executive compensation practices. It doesn't inherently signal positive or negative sentiment.
Industry Context
This filing reflects routine transactions related to executive compensation and equity ownership within a publicly traded REIT. It's typical for executives to receive and exercise stock-based compensation.
Key Dates
| Date | Description |
|---|---|
| 01/14/2021 | Date of previous Form 4 report regarding phantom stock vesting. |
| 02/14/2023 | Date of previous Form 4 report regarding phantom stock vesting. |
| 05/21/2025 | Date of phantom stock conversion into common stock and cash. |
| 05/22/2025 | Date of signature on the Form 4 filing. |
Keywords
Armour Residential REIT, ARR, Hollihan, Director, Phantom Stock, Common Stock, SEC Form 4, Beneficial Ownership
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