Welcome to our dedicated page for Federal Agric Mtg SEC filings (Ticker: AGM), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The SEC filings for Federal Agricultural Mortgage Corporation (Farmer Mac, NYSE: AGM) provide detailed insight into its role as a federally chartered instrumentality of the United States and as a secondary market provider for American agriculture and rural infrastructure. Through annual and quarterly reports and current reports on Form 8-K, Farmer Mac discloses information about its financial condition, capital structure, governance, and mission-focused activities.
In its filings, Farmer Mac identifies itself as a federally chartered instrumentality with multiple classes of securities registered on the New York Stock Exchange, including Class A voting common stock (AGM.A), Class C non-voting common stock (AGM), and several series of non-cumulative preferred stock (AGM.PRD, AGM.PRE, AGM.PRF, AGM.PRG, AGM.PRH). Filings describe events such as the issuance of preferred stock, including the 6.500% Non-Cumulative Preferred Stock, Series H, and related dividend declarations.
Form 8-K filings cover a range of material events, including quarterly dividend declarations on common and preferred stock, completion of securitizations of agricultural mortgage loans, and announcements of quarterly financial results. These reports often reference metrics such as outstanding business volume, net interest income, net effective spread, core earnings, capital ratios, and liquidity, while also discussing the company’s use of non-GAAP measures like core earnings and net effective spread, with reconciliations provided in its periodic reports.
Governance and executive matters are also documented in Farmer Mac’s SEC filings. Current reports describe employment agreements and amendments for senior executives, planned CEO retirement, designation of a successor CEO, appointments of a President and Chief Operating Officer, and appointments of a Chief Financial Officer and Treasurer and a Chief Legal Officer. Filings also address changes in board composition involving presidential appointees.
On Stock Titan’s SEC filings page for AGM, users can access these documents as they are made available through EDGAR and use AI-powered summaries to interpret complex sections. This includes understanding quarterly reports (10-Q), annual reports (10-K), and current reports (8-K), along with details on preferred stock offerings, dividend terms, compensation arrangements, and other disclosures that define Farmer Mac’s activities in the agricultural and rural infrastructure finance markets.
Federal Agricultural Mortgage Corporation (Farmer Mac) reported several compensation decisions for senior leaders. The Board’s Human Capital and Compensation Committee increased base salaries for President–COO Zachary Carpenter to $650,000 and Chief Credit Officer Marc Crady to $435,000, effective retroactively to January 1, 2026.
The Committee granted stock appreciation rights with a grant price of $162.15 per share, time- and performance-based restricted stock units to officers and directors, and confirmed vesting outcomes for earlier performance-based equity awards granted in 2023. It also approved 2025 performance-based cash bonuses, including $1,397,967.20 for CEO Bradford Nordholm and $622,484.63 for Mr. Carpenter.
Ramsey Gregory reported acquisition or exercise transactions in this Form 4 filing.
Federal Agricultural Mortgage Corp reported that Principal Accounting Officer Gregory Ramsey received an equity award of 471 shares of Class C Non-Voting Common Stock in the form of restricted stock units for no cash consideration. These RSUs vest in three equal installments of 157 units on March 31, 2027, March 31, 2028, and March 31, 2029, contingent on continued employment. After this grant, Ramsey beneficially owns 3,556 Class C shares, including 854 previously granted unvested RSUs under the company’s omnibus incentive plan.
Federal Agricultural Mortgage Corp reported that Chief Executive Officer Bradford T. Nordholm acquired 8,835 shares of time-vested restricted stock units of Class C Non-Voting Common Stock for no cash consideration under the Amended and Restated 2008 Omnibus Incentive Plan. All of these RSUs are scheduled to vest on March 31, 2027, with pro rata vesting provisions if his service ends earlier. Following this grant, he beneficially owns 41,605.4506 shares, including 29,100 previously granted unvested RSUs under the same plan.
Federal Agricultural Mortgage Corp EVP, CFO and Treasurer Matthew M. Pullins reported new equity awards. He acquired 2,631 stock appreciation rights for no consideration under Farmer Mac’s omnibus incentive plan, which become exercisable in three equal 877-share installments beginning on March 31, 2027, 2028, and 2029.
He also received time-vested restricted stock units (RSUs) covering 1,323 shares of Class C Non-Voting Common Stock, vesting in three equal 441-share installments on March 31, 2027, 2028, and 2029, if he remains employed. In addition, he was granted 662 performance-based RSUs that may vest on March 31, 2029, based on cumulative core earnings before credit and other specified performance and capital “gatekeeper” conditions, with the eventual payout capped at 200% of the target award.
Federal Agricultural Mortgage Corp president and COO Zachary Carpenter reported equity awards tied to his compensation. On March 5, 2026, he acquired 2,778 stock appreciation rights that become exercisable in three equal installments of 926 shares beginning March 31, 2027, 2028, and 2029.
He also received time-vested RSUs for 1,398 shares of Class C Non-Voting Common Stock, vesting in three equal installments of 466 RSUs on March 31, 2027, 2028, and 2029, if he remains employed. In addition, he was granted a target award of 699 performance-based RSUs that may vest on March 31, 2029, based on cumulative core earnings before credit and other specified metrics for the 2026–2028 performance period, with the final number of shares capped at 200% of the target. The filing notes he also holds 4,408 previously granted unvested RSUs.
Hayhurst Geraldine I reported acquisition or exercise transactions in this Form 4 filing.
Federal Agricultural Mortgage Corp EVP and Chief Legal Officer Geraldine I. Hayhurst received new equity-based awards in the form of stock appreciation rights and restricted stock units. On March 5, 2026, she was granted 1,461 stock appreciation rights and a total of 1,103 Class C Non-Voting Common Stock RSUs for no cash consideration.
The RSUs include 735 time-vested units, splitting into three equal installments of 245 RSUs vesting on March 31, 2027, 2028, and 2029, contingent on continued employment. An additional 368 performance-based RSUs may vest on March 31, 2029, depending on cumulative core earnings before credit from January 1, 2026 to December 31, 2028 and gatekeeper tests tied to regulatory capital and asset quality. The stock appreciation rights become exercisable in three equal 487-share tranches beginning on the same March 31 dates from 2027 through 2029.
Brinch Brian M reported acquisition or exercise transactions in this Form 4 filing.
Federal Agricultural Mortgage Corp EVP and Chief Risk Officer Brian M. Brinch received new equity awards tied to the company’s Class C Non-Voting Common Stock. He was granted 1,257 stock appreciation rights for no cash consideration and additional restricted stock units under the company’s incentive plan.
The awards include 633 time-vested RSUs, scheduled to vest in three equal installments of 211 units on March 31, 2027, March 31, 2028, and March 31, 2029, contingent on continued employment. A further 316 performance-based RSUs are a target award vesting on March 31, 2029 if performance goals for cumulative core earnings before credit over the period from January 1, 2026 to December 31, 2028 and specified capital and asset quality “gatekeepers” are met, with a cap at 200% of target.
Federal Agricultural Mortgage Corp director Todd P. Ware received an equity award of the company’s Class C Non-Voting Common Stock. On March 5, 2026, he acquired 471 shares through a grant of restricted stock units (RSUs) at no cash cost under Farmer Mac’s Amended and Restated 2008 Omnibus Incentive Plan.
The RSUs will vest on March 31, 2027, if he remains a director on that date. After this grant, he directly holds 4,446 Class C Non-Voting shares, including 376 restricted shares scheduled to vest on March 31, 2026, and 471 restricted shares scheduled to vest on March 31, 2027, subject to continued board service.
Engebretsen James R reported acquisition or exercise transactions in this Form 4 filing.
Federal Agricultural Mortgage Corp (Farmer Mac) director James R. Engebretsen received an equity grant of 471 restricted stock units of Class C Non-Voting Common Stock. The RSUs were granted for no cash consideration under Farmer Mac’s Amended and Restated 2008 Omnibus Incentive Plan.
All 471 RSUs will vest on March 31, 2027, if he continues to serve as a director through that date. Following this award, he beneficially owns 16,643 Class C Non-Voting Common shares, including 376 and 471 restricted shares scheduled to vest on March 31, 2026 and March 31, 2027, respectively, subject to continued board service.
McKissack Eric T reported acquisition or exercise transactions in this Form 4 filing.
Federal Agricultural Mortgage Corp (Farmer Mac) director Eric T. McKissack received an equity award of 471 Class C Non-Voting Common shares. The shares were granted as restricted stock units for no cash payment under Farmer Mac’s Amended and Restated 2008 Omnibus Incentive Plan.
According to the filing, all 471 restricted stock units will vest on March 31, 2027, if he remains a director on that date. After this award, McKissack directly holds 2,860 shares of Class C Non-Voting Common Stock, including 376 restricted shares scheduled to vest on March 31, 2026 and the 471 restricted shares scheduled to vest on March 31, 2027.