Form 4: Farmer Mac Director Sara Faivre-Davis Sells Class C Non-Voting Common Stock

Sara Faivre-Davis, a director of Federal Agricultural Mortgage Corporation (Farmer Mac), sold shares of Class C Non-Voting Common Stock in a series of transactions between September 4th and September 6th, 2024.

Summary

• Sara Faivre-Davis, a director at Federal Agricultural Mortgage Corporation (Farmer Mac), reported the sale of Class C Non-Voting Common Stock.
• The transactions occurred on September 4th, 5th, and 6th of 2024.
• On September 4th, 685 shares were sold at a weighted average price of $188.9347.
• On September 5th, 685 shares were sold at a price of $190.
• On September 6th, 685 shares were sold at a weighted average price of $184.5522.
• Following these transactions, Faivre-Davis beneficially owns 3,225 shares, which includes 373 unvested restricted stock units that will vest on March 31, 2025, if she remains a director.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing reporting the sale of shares by a director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information about the transaction.

Industry Context

Sales of shares by company directors are a common occurrence and are publicly disclosed to ensure transparency and prevent insider trading. The market often interprets these sales in the context of the director's personal financial planning and their overall confidence in the company's future prospects.

Stakeholder Impact

• The sale of shares by a director could have a minor impact on shareholder sentiment, depending on the size of the transaction and the market's perception of the director's actions.

Key Dates