Form 4: Farmer Mac Director Eric T. McKissack Increases Stake in Class C Non-Voting Common Stock

Director Eric T. McKissack acquired 37 shares of Farmer Mac's Class C Non-Voting Common Stock on June 30, 2024, increasing his total holdings to 2,603 shares.

Summary

• Eric T. McKissack, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), acquired 37 shares of Class C Non-Voting Common Stock on June 30, 2024.
• The shares were purchased at a price of $180.82 per share.
• This acquisition increases McKissack's total holdings to 2,603 shares, which includes 373 unvested restricted stock units.
• The restricted stock units will vest on March 31, 2025, contingent upon McKissack remaining a director of Farmer Mac on that date.
• The shares were issued in lieu of a portion of the director's quarterly retainer.

Sentiment

Score: 7

Explanation: Director's purchase of shares is generally a positive signal, indicating confidence in the company's future. However, the impact is limited as it's a relatively small transaction.

Positives

• A director's increased investment in the company can be seen as a positive signal.

Industry Context

Directors purchasing company stock is a common practice and often viewed positively by investors as it aligns management's interests with those of shareholders.

Stakeholder Impact

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

Key Dates