Form 4: Farmer Mac Director Chester J. Culver Reports Acquisition of Class C Non-Voting Common Stock

Director Chester J. Culver reports the acquisition of 376 shares of Class C Non-Voting Common Stock in Farmer Mac through a grant of restricted stock units.

Summary

• Chester J. Culver, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), reported acquiring 376 shares of Class C Non-Voting Common Stock on March 6, 2025.
• The acquisition was a grant of restricted stock units (RSUs) under the Amended and Restated 2008 Omnibus Incentive Plan of Farmer Mac.
• The RSUs were granted for no consideration.
• These RSUs will vest on March 31, 2026, if Mr. Culver remains a director of Farmer Mac on that date.
• Following the transaction, Mr. Culver beneficially owns 2,396 shares of Class C Non-Voting Common Stock, including 373 RSUs vesting on March 31, 2025.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing, reporting a standard transaction. It doesn't convey any particularly positive or negative sentiment.

Future Outlook

The document does not contain any specific forward-looking statements regarding the company's future performance, but it does outline the vesting schedule for the granted RSUs.

Industry Context

This filing is a routine disclosure related to insider transactions and is typical for publicly traded companies. It provides transparency regarding the holdings of company directors.

Stakeholder Impact

• The transaction has a minor impact on shareholders as it reflects a change in beneficial ownership by a director.
• The grant of RSUs incentivizes the director to remain with the company, potentially benefiting the company's performance.

Key Dates