Form 4: Farmer Mac Director Jeffrey L. Plagge Reports Acquisition of Class C Non-Voting Common Stock

Director Jeffrey L. Plagge reports acquisition of 376 shares of Farmer Mac Class C Non-Voting Common Stock through restricted stock units.

Summary

• Jeffrey L. Plagge, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), reported the acquisition of 376 shares of Class C Non-Voting Common Stock on March 6, 2025.
• The acquisition was through the grant of restricted stock units (RSUs) under the Amended and Restated 2008 Omnibus Incentive Plan.
• The RSUs were granted for no consideration and will vest on March 31, 2026, if Mr. Plagge remains a director of Farmer Mac on that date.
• Following the transaction, Mr. Plagge beneficially owns 681 shares of Class C Non-Voting Common Stock, including 305 RSUs that will vest on March 31, 2025.

Sentiment

Score: 5

Explanation: Neutral sentiment as it's a standard disclosure of stock acquisition by a director. It doesn't inherently indicate positive or negative performance.

Positives

• The acquisition of shares by a director can be seen as a positive sign, indicating confidence in the company's future prospects.

Future Outlook

The vesting of the RSUs is contingent on Mr. Plagge remaining a director of Farmer Mac.

Industry Context

This filing is a routine disclosure of insider transactions, which are common in publicly traded companies. It provides transparency into the ownership positions of company directors.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders, primarily providing transparency to shareholders regarding insider ownership.

Key Dates