Form 4: Farmer Mac Director Sara Faivre-Davis Reports Stock Sale
SEC Form 4 Filing
Sara Faivre-Davis, a director at Federal Agricultural Mortgage Corporation (Farmer Mac), reported selling 986 shares of Class C Non-Voting Common Stock on August 23, 2024.
Summary
- On August 23, 2024, Sara Faivre-Davis, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), sold 986 shares of Class C Non-Voting Common Stock.
- The sale was executed at a price of $195.281 per share.
- Following the transaction, Faivre-Davis directly owns 5,280 shares of Farmer Mac's Class C Non-Voting Common Stock.
- This total includes 373 unvested restricted stock units that will vest on March 31, 2025, contingent on her continued service as a director.
Sentiment
Score: 5
Explanation: The document is a standard SEC filing reporting a stock sale by a company director. It doesn't inherently convey positive or negative sentiment.
Industry Context
This filing is a routine disclosure of a transaction by a company insider. It provides transparency to the market regarding the trading activities of individuals with access to non-public information.
Stakeholder Impact
- The stock sale may have a minor impact on shareholders, depending on the overall market perception of insider trading activity.
Key Dates
| Date | Description |
|---|---|
| 08/23/2024 | Date of stock sale transaction |
| 08/23/2024 | Date of Form 4 filing |
| 03/31/2025 | Vesting date for 373 restricted stock units |
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