Form 4: Farmer Mac Director Mitchell A. Johnson Sells 500 Shares of Class C Non-Voting Common Stock
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
| Date | Description |
|---|---|
| 11/14/2024 | Date of the stock sale transaction. |
| 11/15/2024 | Date the form was signed. |
| 03/31/2025 | Vesting 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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