Form 4: Dynex Capital Co-CEO Byron L. Boston Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Byron L. Boston, Co-CEO and Chairman of the Board of Dynex Capital Inc., reports changes in beneficial ownership of company stock due to tax withholding obligations upon vesting of restricted stock units.
Summary
- On February 28, 2025, Byron L. Boston, Co-CEO & Chairman of the Board of Dynex Capital Inc., reported a transaction involving Dynex Capital Inc. common stock.
- 6,210 shares were disposed of to satisfy tax withholding obligations upon the vesting of restricted stock units at a price of $14.07 per share.
- Following the transaction, Boston directly owns 749,646 shares of common stock, which includes unvested restricted stock units.
- Boston also indirectly owns 1,500 shares through his son, 1,500 shares through his son, and 3,095 shares jointly with his spouse and son.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates the Co-CEO's stock transactions related to tax obligations.
Stakeholder Impact
- The transaction has a minimal direct impact on stakeholders as it is a routine adjustment of share ownership due to tax obligations.
Key Dates
| Date | Description |
|---|---|
| 02/28/2025 | Date of transaction involving the disposal of shares for tax withholding. |
| 03/04/2025 | Date of signature on the Form 4 filing. |
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