Form 4: Farmer Mac Director Lowell Junkins Reports Acquisition of Class C Non-Voting Common Stock

Director Lowell Junkins reports acquisition of 373 shares of Farmer Mac Class C Non-Voting Common Stock through restricted stock units.

Summary

• Lowell Junkins, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), reported the acquisition of 373 shares of Class C Non-Voting Common Stock on March 5, 2024.
• These shares were acquired through a grant of restricted stock units (RSUs) under the company's Amended and Restated 2008 Omnibus Incentive Plan.
• The RSUs were granted for no consideration and will vest on March 31, 2025, contingent upon Junkins remaining a director of Farmer Mac on that date.
• Following the reported transaction, Junkins beneficially owns 10,012.232 shares of Class C Non-Voting Common Stock, including 482 and 373 time-vested RSUs that will vest on March 31, 2024 and March 31, 2025, respectively, if he remains a director.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a standard transaction by a company director. The acquisition of shares can be seen as a positive sign, but it's not a major event.

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 RSUs will vest on March 31, 2025, if the Reporting Person remains a director of Farmer Mac on that date.

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding insider ownership.

Key Dates