Form 4: Farmer Mac Director Mitchell A. Johnson Sells 500 Shares of Class C Non-Voting Common Stock

Sentiment:

SEC Form 4 Filing


Mitchell A. Johnson, a director at Federal Agricultural Mortgage Corporation (Farmer Mac), sold 500 shares of Class C Non-Voting Common Stock at $210 per share.

Summary

  • Mitchell A. Johnson, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), sold 500 shares of Class C Non-Voting Common Stock on November 14, 2024.
  • The sale was executed at a price of $210 per share.
  • Following the transaction, Mr. Johnson beneficially owns 12,560 shares of Class C Non-Voting Common Stock.
  • This total includes 373 unvested restricted stock units that will vest on March 31, 2025, if he remains a director.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing a stock sale by a director. It is neutral in sentiment and does not indicate any positive or negative outlook for the company.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the trading activities of company directors.

Comparison to Industry Standards

  • Form 4 filings are standard practice for publicly traded companies in the United States, ensuring transparency of insider trading.
  • The sale of 500 shares by a director is not unusual and is within the normal range of insider transactions.
  • Comparable companies would also have similar filings when directors or officers trade their company's stock.

Stakeholder Impact

  • The stock sale by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's overall performance.

Key Dates

DateDescription
11/14/2024Date of the stock sale transaction.
11/15/2024Date the form was signed.
03/31/2025Vesting date for 373 restricted stock units.

Keywords

Farmer Mac, Mitchell A. Johnson, Class C Non-Voting Common Stock, Director, Stock Sale, Insider Trading, Restricted Stock Units

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