Federal Agric Mtg Corp SEC Filings

Form 4 filing for Federal Agricultural Mortgage Corporation (AGM) reports that director Eric T. McKissack acquired 9 shares of the company’s Class C Non-Voting Common Stock on 30 June 2025 at a market price of $194.28 per share. The shares were issued under the director’s pre-existing election to receive equity rather than cash for a portion of his quarterly board retainer. Following the transaction, McKissack directly owns 2,366 shares, a figure that includes 376 time-vested restricted stock units scheduled to vest on 31 March 2026 if he remains a director. No derivative securities were reported, and the filing was signed by attorney-in-fact Stephen P. Mullery on 2 July 2025.

Form 4 Overview: Director James R. Engebretsen acquired 97 shares of Federal Agricultural Mortgage Corporation ("Farmer Mac", ticker AGM) Class C Non-Voting Common Stock on 06/30/2025 at $194.28 per share, a transaction worth roughly $18.8 thousand.

The shares were issued pursuant to the director’s standing election to receive equity in lieu of part of his quarterly cash retainer. Following the issuance, the director now directly owns 15,975 shares, which include 376 time-vested RSUs scheduled to vest on 03/31/2026 contingent on continued board service. No derivative securities were bought or sold.

Materiality & Implications: The 97-share purchase represents an immaterial fraction of both the director’s total holdings and Farmer Mac’s overall share count, indicating a routine compensation-related issuance rather than a discretionary insider buy. While the move incrementally increases insider ownership and aligns incentives, it is unlikely to have a measurable impact on AGM’s valuation or trading dynamics.

Form 4 Overview: Director James R. Engebretsen acquired 97 shares of Federal Agricultural Mortgage Corporation ("Farmer Mac", ticker AGM) Class C Non-Voting Common Stock on 06/30/2025 at $194.28 per share, a transaction worth roughly $18.8 thousand.

The shares were issued pursuant to the director’s standing election to receive equity in lieu of part of his quarterly cash retainer. Following the issuance, the director now directly owns 15,975 shares, which include 376 time-vested RSUs scheduled to vest on 03/31/2026 contingent on continued board service. No derivative securities were bought or sold.

Materiality & Implications: The 97-share purchase represents an immaterial fraction of both the director’s total holdings and Farmer Mac’s overall share count, indicating a routine compensation-related issuance rather than a discretionary insider buy. While the move incrementally increases insider ownership and aligns incentives, it is unlikely to have a measurable impact on AGM’s valuation or trading dynamics.

Form 4 Overview: Director James R. Engebretsen acquired 97 shares of Federal Agricultural Mortgage Corporation ("Farmer Mac", ticker AGM) Class C Non-Voting Common Stock on 06/30/2025 at $194.28 per share, a transaction worth roughly $18.8 thousand.

The shares were issued pursuant to the director’s standing election to receive equity in lieu of part of his quarterly cash retainer. Following the issuance, the director now directly owns 15,975 shares, which include 376 time-vested RSUs scheduled to vest on 03/31/2026 contingent on continued board service. No derivative securities were bought or sold.

Materiality & Implications: The 97-share purchase represents an immaterial fraction of both the director’s total holdings and Farmer Mac’s overall share count, indicating a routine compensation-related issuance rather than a discretionary insider buy. While the move incrementally increases insider ownership and aligns incentives, it is unlikely to have a measurable impact on AGM’s valuation or trading dynamics.

Form 4 Overview: On 06/30/2025, Federal Agricultural Mortgage Corporation ("Farmer Mac", ticker AGM) director Todd P. Ware acquired a small block of company stock under the board’s cash-in-lieu stock election program.

• Security: Class C Non-Voting Common Stock.
• Shares acquired: 20 shares.
• Price: $194.28 per share (closing price on 06/30/2025).
• Total value: roughly $3,886.
• Ownership after transaction: 3,928 Class C shares, of which 376 are time-vested RSUs scheduled to vest on 03/31/2026, subject to continued board service.
• Transaction code: “A” (acquisition) – shares were newly issued in lieu of a portion of the quarterly cash retainer.

Context: The purchase is routine, reflects an established compensation election, and does not involve open-market buying or selling. No derivative securities were reported, and there is no indication of additional insider activity.

Materiality assessment: The acquisition is immaterial relative to Farmer Mac’s market capitalization and trading volume. While insider buying can be viewed favorably, the small size and compensation-related nature suggest limited signaling value for investors.

Form 4 Overview: On 06/30/2025, Federal Agricultural Mortgage Corporation ("Farmer Mac", ticker AGM) director Todd P. Ware acquired a small block of company stock under the board’s cash-in-lieu stock election program.

• Security: Class C Non-Voting Common Stock.
• Shares acquired: 20 shares.
• Price: $194.28 per share (closing price on 06/30/2025).
• Total value: roughly $3,886.
• Ownership after transaction: 3,928 Class C shares, of which 376 are time-vested RSUs scheduled to vest on 03/31/2026, subject to continued board service.
• Transaction code: “A” (acquisition) – shares were newly issued in lieu of a portion of the quarterly cash retainer.

Context: The purchase is routine, reflects an established compensation election, and does not involve open-market buying or selling. No derivative securities were reported, and there is no indication of additional insider activity.

Materiality assessment: The acquisition is immaterial relative to Farmer Mac’s market capitalization and trading volume. While insider buying can be viewed favorably, the small size and compensation-related nature suggest limited signaling value for investors.

Form 4 Overview: On 06/30/2025, Federal Agricultural Mortgage Corporation ("Farmer Mac", ticker AGM) director Todd P. Ware acquired a small block of company stock under the board’s cash-in-lieu stock election program.

• Security: Class C Non-Voting Common Stock.
• Shares acquired: 20 shares.
• Price: $194.28 per share (closing price on 06/30/2025).
• Total value: roughly $3,886.
• Ownership after transaction: 3,928 Class C shares, of which 376 are time-vested RSUs scheduled to vest on 03/31/2026, subject to continued board service.
• Transaction code: “A” (acquisition) – shares were newly issued in lieu of a portion of the quarterly cash retainer.

Context: The purchase is routine, reflects an established compensation election, and does not involve open-market buying or selling. No derivative securities were reported, and there is no indication of additional insider activity.

Materiality assessment: The acquisition is immaterial relative to Farmer Mac’s market capitalization and trading volume. While insider buying can be viewed favorably, the small size and compensation-related nature suggest limited signaling value for investors.