Form 4: Farmer Mac Director Mitchell A. Johnson Acquires Additional Shares

Director Mitchell A. Johnson acquired 84 shares of Farmer Mac's Class C Non-Voting Common Stock on December 31, 2024, through a director's election to purchase shares in lieu of cash retainer.

Summary

• On December 31, 2024, Mitchell A. Johnson, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), acquired 84 shares of Class C Non-Voting Common Stock.
• The shares were acquired at a price of $196.95 per share.
• This acquisition was made as part of the director's election to receive shares in lieu of a cash retainer.
• Following the transaction, Johnson beneficially owns 11,144 shares, 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. The document simply reports a routine transaction related to director compensation. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

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 beyond the vesting of restricted stock units.

Industry Context

Director share acquisitions are common and can be seen as a positive sign, reflecting the director's belief in the company's value. This is a routine transaction related to director compensation.

Related Party Transactions

• The acquisition of shares in lieu of cash retainer is a related party transaction.

Stakeholder Impact

• The transaction has a minimal direct impact on stakeholders.

Key Dates