AGM director granted 471 restricted stock units
Plagge Jeffrey L. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Plagge Jeffrey L. reported acquisition or exercise transactions in this Form 4 filing.
FEDERAL AGRICULTURAL MORTGAGE CORP director Jeffrey L. Plagge reported an equity award of 471 shares of Class C Non-Voting Common Stock in the form of restricted stock units granted for no consideration under Farmer Mac’s Amended and Restated 2008 Omnibus Incentive Plan.
According to the filing, all 471 RSUs will vest on March 31, 2027 if he remains a director on that date. Following this grant, he holds 1,290 shares of Class C Non-Voting Common Stock, including 376 restricted shares vesting on March 31, 2026 and 471 restricted shares vesting on March 31, 2027, subject to continued service.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Non-Voting Common Stock | 471 | $0.00 | $0.00 |
Footnotes (2)
- F1. Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.
- F2. Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.
FAQ
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What insider transaction did AGM director Jeffrey L. Plagge report?
When do Jeffrey L. Plagge’s newly granted AGM RSUs vest?
Under which plan were Jeffrey L. Plagge’s AGM restricted stock units granted?
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