Form 4: Farmer Mac Director Lowell Junkins Reports Stock Transaction

Director Lowell Junkins acquired 7 shares of Farmer Mac Class C Non-Voting Common Stock and holds 10,034.232 shares following the transaction.

Summary

• On September 30, 2024, Lowell Junkins, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), acquired 7 shares of Class C Non-Voting Common Stock at a price of $187.41 per share.
• The shares were issued in lieu of a portion of the director's quarterly retainer.
• Following the transaction, Junkins beneficially owns 10,034.232 shares of Farmer Mac Class C Non-Voting Common Stock, which includes 373 unvested restricted stock units that will vest on March 31, 2025, if he remains a director.

Sentiment

Score: 6

Explanation: Neutral sentiment as it's a routine transaction disclosure. The director taking stock 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.

Industry Context

This Form 4 filing is a routine disclosure related to insider transactions and provides transparency to the market regarding the actions of company directors.

Related Party Transactions

• The issuance of shares to the director in lieu of cash compensation is a related party transaction.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.

Key Dates