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

Mitchell A. Johnson, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), sold shares of Class C Non-Voting Common Stock in multiple transactions on February 25, 2025.

Summary

• On February 25, 2025, Mitchell A. Johnson, a director of Farmer Mac, sold Class C Non-Voting Common Stock in three separate transactions.
• The first transaction involved the sale of 1,169 shares at a weighted average price of $204.53 per share.
• The second transaction involved the sale of 831 shares at a weighted average price of $205.0828 per share.
• The third transaction involved the sale of 500 shares at $207 per share.
• Following these transactions, Johnson beneficially owns 8,644 shares, which 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 SEC filing reporting a director's stock sale. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, as required by the SEC. It provides transparency to the market regarding the actions of company directors.

Comparison to Industry Standards

• Form 4 filings are standard practice for corporate insiders and are comparable across all publicly traded companies.
• The information provided is consistent with SEC regulations and reporting requirements.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but it is a relatively small transaction and may not have a significant impact.

Key Dates