Form 4: Farmer Mac Director Sells 1,500 Shares of Class C Non-Voting Common Stock

Sara Louise Faivre-Davis, a director at Federal Agricultural Mortgage Corp (Farmer Mac), sold 1,500 shares of Class C Non-Voting Common Stock at a weighted average price of $208.221 per share.

Summary

• Sara Louise Faivre-Davis, a director at Federal Agricultural Mortgage Corporation (Farmer Mac), sold 1,500 shares of Class C Non-Voting Common Stock on November 8, 2024.
• The sale was executed at a weighted average price of $208.221 per share.
• The shares were sold in multiple transactions with prices ranging from $207.87 to $208.57 per share.
• Following the transaction, Ms. Faivre-Davis beneficially owns 1,725 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 neutral report of a share sale by a director, with no indication of positive or negative sentiment.

Industry Context

This is a routine Form 4 filing, which is common for corporate insiders who trade company stock. It provides transparency into the transactions 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 transactions.
• The sale of shares by a director is a common occurrence and does not necessarily indicate a negative outlook for the company.
• Comparable companies would also have similar filings when directors or officers trade their company's stock.

Stakeholder Impact

• The share sale by a director may have a minor impact on shareholder sentiment, but is unlikely to significantly affect the company's operations or financial position.

Key Dates

Keywords

Farmer Mac, Class C Non-Voting Common Stock, Director Share Sale, Sara Louise Faivre-Davis, Insider Trading, AGM