Form 4: Farmer Mac Executive Gregory Ramsey Reports Acquisition of Restricted Stock Units

Gregory Ramsey, Principal Accounting Officer at Farmer Mac, reports the acquisition of 402 restricted stock units (RSUs) of Class C Non-Voting Common Stock.

Summary

• On March 6, 2025, Gregory Ramsey, the Principal Accounting Officer of Federal Agricultural Mortgage Corporation (Farmer Mac), acquired 402 shares of Class C Non-Voting Common Stock in the form of restricted stock units (RSUs).
• These RSUs were granted under the Amended and Restated 2008 Omnibus Incentive Plan.
• The grant was for no consideration.
• The RSUs vest in three equal installments of 134 RSUs each, on March 31, 2026, March 31, 2027, and March 31, 2028, contingent upon Ramsey's continued employment with Farmer Mac.
• Following the reported transaction, Ramsey beneficially owns 4,585 shares, including previously granted unvested RSUs.

Sentiment

Score: 7

Explanation: The document is neutral to slightly positive. It reflects a standard executive compensation practice, indicating stability and alignment of interests.

Positives

• The grant of RSUs aligns the executive's interests with the long-term performance of the company.
• The vesting schedule encourages continued employment and commitment from the executive.

Future Outlook

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

Industry Context

This filing is a routine disclosure related to executive compensation and is typical for publicly traded companies. It reflects the company's ongoing efforts to incentivize and retain key personnel.

Comparison to Industry Standards

• RSU grants are a common form of executive compensation in publicly traded companies, particularly in the financial sector.
• The vesting schedule of three years is fairly standard for RSU grants.
• Comparable companies in the financial services industry, such as Fannie Mae and Freddie Mac, also utilize RSU grants as part of their executive compensation packages.

Stakeholder Impact

• Shareholders may view the RSU grant as a positive incentive for the executive to contribute to the company's long-term success.
• Employees may see the RSU grant as a sign of the company's commitment to its leadership team.

Key Dates