Form 4: Director Daniel Shaw Acquires Shares in Federal Agricultural Mortgage Corp (AGM) Through Restricted Stock Units

Director Daniel Shaw acquired 358 shares of Class C Non-Voting Common Stock in Federal Agricultural Mortgage Corp (AGM) through restricted stock units (RSUs) on March 26, 2025.

Summary

• On March 26, 2025, Daniel Shaw, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), acquired 358 shares of Class C Non-Voting Common Stock.
• The acquisition was through the grant of restricted stock units (RSUs) under the Amended and Restated 2008 Omnibus Incentive Plan.
• The RSUs were granted for no consideration.
• These RSUs will vest on March 31, 2026, provided that Mr. Shaw remains a director of Farmer Mac on that date.
• Following the transaction, Mr. Shaw beneficially owns 1,387 shares of Class C Non-Voting Common Stock, including 358 time-vested RSUs.

Sentiment

Score: 5

Explanation: The document describes a routine transaction (director acquiring shares through RSUs). It's neutral in sentiment.

Positives

• The grant of RSUs aligns the director's interests with the long-term performance of the company.
• The vesting condition encourages continued service as a director.

Future Outlook

The vesting of the RSUs on March 31, 2026, is contingent on the director's continued service.

Industry Context

Insider transactions are common and closely monitored, as they can provide insights into management's perspective on the company's prospects. RSU grants are a typical form of executive compensation.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director interests with company performance.

Key Dates

Keywords

Farmer Mac, Daniel Shaw, Director, RSUs, Class C Non-Voting Common Stock, Beneficial Ownership, AGM, Restricted Stock Units