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

Director Amy H. Gales acquired 100 shares of Farmer Mac's Class C Non-Voting Common Stock on September 30, 2024, through a director's election to purchase shares in lieu of cash retainer.

Summary

• On September 30, 2024, Amy H. Gales, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), acquired 100 shares of Class C Non-Voting Common Stock.
• The shares were acquired at a price of $187.41 per share.
• This acquisition was made as part of the director's election to receive shares in lieu of a portion of her quarterly retainer.
• Following the transaction, Gales beneficially owns 4,466 shares, which includes 373 unvested restricted stock units that will vest on March 31, 2025, contingent on her continued service as a director.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a director, indicating continued investment in the company, but without any explicit positive or negative implications.

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

Form 4 filings are routine disclosures required by the SEC to provide transparency regarding the transactions of company insiders. This filing indicates a director's ongoing investment in the company.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder sentiment, as it reflects a director's continued investment in the company.

Key Dates