Form 4: Farmer Mac Director Roy H. Tiarks Receives Stock Grant

Roy H. Tiarks, a director at Federal Agricultural Mortgage Corporation (Farmer Mac), received a grant of 373 shares of Class C Non-Voting Common Stock on March 5, 2024.

Summary

• Roy H. Tiarks, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), reported a transaction on March 5, 2024.
• He acquired 373 shares of Class C Non-Voting Common Stock through a grant of restricted stock units (RSUs) under the company's Amended and Restated 2008 Omnibus Incentive Plan.
• The RSUs were granted for no consideration.
• These RSUs will vest on March 31, 2025, contingent upon Mr. Tiarks remaining a director of Farmer Mac on that date.
• Following the transaction, Mr. Tiarks beneficially owns 1,827 shares of Class C Non-Voting Common Stock, including previously granted RSUs that vest on March 31, 2024, and March 31, 2025.

Sentiment

Score: 7

Explanation: The document reflects a standard insider transaction, indicating continued alignment between the director and the company's success. It's a neutral to slightly positive signal.

Positives

• The grant of RSUs aligns the director's interests with the long-term performance of the company.
• The vesting requirement encourages continued service as a director.

Future Outlook

The document does not contain any specific forward-looking statements beyond the vesting schedule of the RSUs.

Industry Context

This filing is a routine disclosure of insider transactions, which is common for publicly traded companies. It provides transparency into the compensation and equity ownership of company directors.

Stakeholder Impact

• The transaction has a minor positive impact on shareholders by aligning director incentives with company performance.

Key Dates