Form 4: Farmer Mac CEO Bradford T. Nordholm Sells Shares in Open Market Transactions

Farmer Mac's CEO, Bradford T. Nordholm, sold a total of 5,073 shares of Class C Non-Voting Common Stock in multiple open market transactions on December 5, 2024.

Summary

• Bradford T. Nordholm, the President and CEO of Federal Agricultural Mortgage Corporation (Farmer Mac), sold 5,073 shares of Class C Non-Voting Common Stock on December 5, 2024.
• The sales were executed in multiple transactions at varying prices.
• The first sale involved 2,198 shares at a weighted average price of $212.898, with individual prices ranging from $212.34 to $213.335.
• The second sale consisted of 2,601 shares at a weighted average price of $213.6103, with individual prices ranging from $213.345 to $213.89.
• The final sale was for 274 shares at a weighted average price of $214.8273, with individual prices ranging from $214.56 to $214.96.
• Following these transactions, Mr. Nordholm still beneficially owns 41,104.4506 shares, which includes 29,332 unvested restricted stock units.

Sentiment

Score: 5

Explanation: The document is a neutral report of stock sales by an executive, with no indication of positive or negative sentiment.

Industry Context

This is a routine filing related to insider trading activity. It is common for executives to sell shares for personal financial management.

Comparison to Industry Standards

• Executive stock sales are a common occurrence in publicly traded companies.
• The reported transactions are within the normal range of executive trading activity.
• Similar filings are made by executives at comparable financial institutions such as Fannie Mae and Freddie Mac.

Stakeholder Impact

• The stock sales may have a minor impact on the share price, but are unlikely to significantly affect stakeholders.

Key Dates

Keywords

Farmer Mac, Bradford T. Nordholm, Class C Non-Voting Common Stock, SEC Form 4, insider trading, stock sale, executive compensation