Form 4: Farmer Mac Director Amy H. Gales Acquires Additional Shares

Director Amy H. Gales acquired 95 shares of Farmer Mac's Class C Non-Voting Common Stock on December 31, 2024, through a director's election to purchase shares in lieu of cash retainer.

Summary

• On December 31, 2024, Amy H. Gales, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), acquired 95 shares of Class C Non-Voting Common Stock.
• The shares were acquired at a price of $196.95 per share.
• This acquisition was made as part of the director's election to receive shares in lieu of a portion of their quarterly retainer.
• Following the transaction, Ms. Gales beneficially owns 4,561 shares, which includes 373 unvested restricted stock units that will vest on March 31, 2025, if she remains a director.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive. A director purchasing shares can be seen as a vote of confidence, but it's a relatively small transaction.

Positives

• The director's decision to take shares in lieu of cash may signal confidence in the company's future prospects.

Future Outlook

The document does not contain specific forward-looking statements, but the vesting of restricted stock units on March 31, 2025, is contingent on the director's continued service.

Industry Context

Director share acquisitions are common and can be seen as a positive sign, indicating confidence in the company's performance and future.

Related Party Transactions

• The acquisition of shares in lieu of cash retainer is a related party transaction.

Stakeholder Impact

• The director's share acquisition could have a slightly positive impact on shareholder sentiment.

Key Dates