Form 4: Farmer Mac Executive Reports Stock Vesting and Withholding

Gregory Ramsey, Principal Accounting Officer at Federal Agricultural Mortgage Corp (AGM), reported the vesting of restricted stock units and the subsequent withholding of shares for tax purposes.

Summary

• Gregory Ramsey, Principal Accounting Officer for Federal Agricultural Mortgage Corp (AGM), reported transactions on March 31, 2026.
• 182 restricted stock units vested as part of a time-based award granted in March 2023. Farmer Mac retained 83 shares to cover withholding taxes.
• 135 restricted stock units vested as part of a time-based award granted in March 2024. Farmer Mac retained 61 shares for withholding taxes.
• 134 restricted stock units vested as part of a time-based award granted in March 2025. Farmer Mac retained 61 shares for withholding taxes.
• The price used for calculating withheld shares was the closing price of Class C Non-Voting Common Stock on the last trading day before vesting.
• Ramsey's beneficial ownership of Class C Non-Voting Common Stock is 3,351 shares, which includes 874 unvested restricted stock units.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it represents a standard insider transaction related to executive compensation and does not indicate significant positive or negative developments for the company.

Positives

• Vesting of restricted stock units indicates continued equity compensation and potential value realization for management.
• The company is managing tax withholding obligations efficiently through share retention.

Negatives

• A portion of the vested shares were retained by the company, reducing the immediate net shares received by the reporting person.

Risks

• The value of retained shares is subject to market fluctuations until they are sold by the reporting person.
• Future vesting and withholding of shares will continue to be influenced by the stock price at the time of vesting.

Future Outlook

The filing does not contain specific forward-looking statements or guidance. However, it implies ongoing equity compensation plans with future vesting events.

Industry Context

StockSavvy.ai notes that this Form 4 filing is a routine disclosure for insider transactions, specifically related to executive compensation and equity awards within the agricultural finance sector. Such filings are standard for publicly traded companies and provide transparency regarding management's holdings and compensation.

Stakeholder Impact

• Shareholders: Gain insight into executive compensation and insider holdings, which can influence perceptions of company management.
• Employees: The vesting of RSUs for management may reflect the company's overall performance and compensation philosophy.
• Management: Direct impact through the realization of equity compensation, subject to tax withholding.

Next Steps

• Continued reporting of future vesting events and share transactions by Gregory Ramsey and other insiders.
• Monitoring of the company's stock performance and its impact on future equity awards.

Key Dates

Keywords

Form 4, SEC Filing, Gregory Ramsey, Federal Agricultural Mortgage Corp, AGM, Restricted Stock Units, Vesting, Share Withholding, Insider Transaction, Executive Compensation