Form 4: Farmer Mac SVP Marc J. Crady Reports Changes in Beneficial Ownership

Sentiment:

SEC Form 4 Filing


Marc J. Crady, SVP and Chief Credit Officer of Farmer Mac, reports changes in beneficial ownership of Class C Non-Voting Common Stock due to vesting of restricted stock units and shares withheld for tax obligations.

Summary

  • On March 31, 2025, Marc J. Crady, SVP and Chief Credit Officer of Farmer Mac, reported changes in his beneficial ownership of the company's Class C Non-Voting Common Stock.
  • These changes are due to the vesting of restricted stock units granted in March 2022, March 2023 and March 2024.
  • Farmer Mac retained shares to satisfy withholding requirements related to these vestings.
  • Specifically, 614 shares were withheld at a price of $188.58 per share.
  • Following these transactions, Crady's total beneficial ownership amounts to 3,621 shares, including 1,880 unvested restricted stock units.
  • The report also reflects an adjustment of 336 shares that vested due to a 200% performance factor applied to restricted stock units granted in March 2022.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions, with no inherent positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.

Stakeholder Impact

  • Shareholders are informed about changes in executive ownership.
  • The filing provides transparency regarding executive compensation.

Key Dates

DateDescription
March 2022Restricted stock units granted.
March 2023Restricted stock units granted.
March 2024Restricted stock units granted.
03/31/2025Date of transaction: Vesting of restricted stock units and withholding of shares.
04/02/2025Date of Form 4 filing.

Keywords

Farmer Mac, Marc J. Crady, Beneficial Ownership, Form 4, Restricted Stock Units, Vesting, AGM, Shares, SVP, Chief Credit Officer

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