Form 4: Armour Residential REIT Executive Losyev Converts Phantom Stock to Common Stock and Cash for Tax Obligations

Sergey Losyev, Co-Chief Investment Officer of Armour Residential REIT, converted vested phantom stock into common stock and cash to cover income taxes.

Summary

• On May 21, 2025, Sergey Losyev, Co-Chief Investment Officer of Armour Residential REIT, converted 1,500 shares of vested phantom stock.
• 1,219 shares were converted into ARMOUR common stock.
• The remaining 281 shares were converted into cash to cover income taxes on the vested stock.
• Following the transaction, Losyev directly owns 1,279.539 shares of common stock.
• Losyev also owns 28,500 phantom stock units.
• 60.539 shares are held in reporting person's self-directed rollover IRA account, 7.695 of which were acquired through dividend reinvestment.

Sentiment

Score: 5

Explanation: This is a routine regulatory filing related to executive compensation and does not inherently indicate positive or negative sentiment.

Industry Context

Form 4 filings are standard disclosures required by the SEC when company insiders, like officers and directors, trade their company's stock. This filing indicates routine transactions related to executive compensation.

Key Dates

Keywords

Form 4, Beneficial Ownership, Phantom Stock, Common Stock, Armour Residential REIT, Losyev, Conversion