AGM (NYSE: AGM) director granted 471 Class C restricted stock units

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.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

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Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Plagge Jeffrey L.

(Last) (First) (Middle)

C/O FARMER MAC

2100 PENNSYLVANIA AVE., NW, SUITE 450N

(Street)

WASHINGTON DC 20037

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FEDERAL AGRICULTURAL MORTGAGE CORP [ AGM ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/05/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Class C Non-Voting Common Stock	03/05/2026		A		471(1)	A	$0(1)	1,290(2)	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. 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.

2. 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.

Remarks:

	Geraldine I. Hayhurst, as attorney-in-fact for Jeffrey L. Plagge	03/09/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What insider transaction did AGM director Jeffrey L. Plagge report?

Jeffrey L. Plagge reported receiving a grant of 471 restricted stock units of Class C Non-Voting Common Stock. The award was granted for no consideration under Farmer Mac’s Amended and Restated 2008 Omnibus Incentive Plan and is contingent on his continued board service.

When do Jeffrey L. Plagge’s newly granted AGM RSUs vest?

All 471 restricted stock units granted to Jeffrey L. Plagge will vest on March 31, 2027. Vesting is conditioned on him remaining a director of Federal Agricultural Mortgage Corporation (Farmer Mac) on that date, as disclosed in the Form 4 footnotes.

How many AGM shares does Jeffrey L. Plagge hold after this Form 4 transaction?

After this transaction, Jeffrey L. Plagge is reported to hold a total of 1,290 shares of Farmer Mac’s Class C Non-Voting Common Stock. This total includes both currently held shares and specified restricted shares scheduled to vest in 2026 and 2027.

What future vesting schedule is disclosed for Jeffrey L. Plagge’s AGM restricted shares?

The filing states that 376 restricted shares of Class C Non-Voting Common Stock will vest on March 31, 2026, and 471 restricted shares will vest on March 31, 2027, provided Jeffrey L. Plagge continues to serve as a director through those dates.

Under which plan were Jeffrey L. Plagge’s AGM restricted stock units granted?

The 471 restricted stock units were granted under Federal Agricultural Mortgage Corporation’s Amended and Restated 2008 Omnibus Incentive Plan. The footnotes specify that the RSUs of Class C Non-Voting Common Stock were awarded for no consideration under this equity incentive plan.

Is Jeffrey L. Plagge’s AGM Form 4 transaction a purchase or an award?

The Form 4 characterizes the transaction as a grant or award acquisition, not an open-market purchase. The 471 restricted stock units of Class C Non-Voting Common Stock were received for no consideration, subject to future vesting conditions tied to continued board service.