Form 4: Farmer Mac SVP Reports Stock Transactions Following Vesting of Restricted Stock Units
SEC Form 4
Robert J. Maines, SVP of Operations at Farmer Mac, reports the vesting and subsequent share withholding for tax purposes of restricted stock units.
Summary
- Robert J. Maines, SVP of Operations at Farmer Mac, filed a Form 4 detailing changes in beneficial ownership.
- The report covers transactions on March 31, 2025, related to the vesting of restricted stock units.
- Farmer Mac withheld shares to satisfy tax obligations upon the vesting of these units.
- The reported transactions involved Class C Non-Voting Common Stock.
- The price used for calculating the number of shares withheld was $188.58.
- Following the reported transactions, Maines beneficially owns 3,306 shares, including 1,632 unvested restricted stock units.
Sentiment
Score: 5
Explanation: This is a routine filing related to executive compensation and doesn't indicate any significant positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of executive compensation and provide transparency into insider transactions, which are closely monitored by investors.
Stakeholder Impact
- The vesting of restricted stock units impacts the executive's ownership stake in the company.
- Shareholders may monitor these filings to understand executive compensation and alignment with company performance.
Key Dates
| Date | Description |
|---|---|
| March 2022 | Grant date of restricted stock units that vested on March 31, 2025 |
| March 2023 | Grant date of restricted stock units that vested on March 31, 2025 |
| March 2024 | Grant date of restricted stock units that vested on March 31, 2025 |
| 03/31/2025 | Date of the reported transactions (vesting of restricted stock units and share withholding) |
| 04/02/2025 | Date of the Form 4 filing |
Keywords
Form 4, Beneficial Ownership, Restricted Stock Units, Farmer Mac, Vesting, AGM, Shares, Stock
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