Form 4: Farmer Mac Director James R. Engebretsen Acquires Additional Shares

Director James R. Engebretsen increased his holdings in Federal Agricultural Mortgage Corp (Farmer Mac) through the acquisition of 110 shares of Class C Non-Voting Common Stock.

Summary

• On June 30, 2024, James R. Engebretsen, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), acquired 110 shares of Class C Non-Voting Common Stock.
• The shares were purchased at a price of $180.82 per share.
• This acquisition was made in lieu of receiving a portion of the director's quarterly retainer in cash.
• Following the transaction, Engebretsen's total holdings amount to 15,185 shares, including 373 unvested restricted stock units.

Sentiment

Score: 6

Explanation: The sentiment is neutral. It reflects a routine transaction by a company director. The director taking shares in lieu of cash is a mildly positive signal.

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

This filing reflects routine transactions by company insiders and is typical for publicly traded companies. It provides transparency into the holdings of key personnel.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders as it signals confidence from a company director.

Key Dates