Farmer Mac (NYSE: AGM) director receives 471 Class C RSUs

Rhea-AI Filing Summary

JOHNSON MITCHELL A reported acquisition or exercise transactions in this Form 4 filing.

Federal Agricultural Mortgage Corp (Farmer Mac) director Mitchell A. Johnson received an equity award of 471 restricted stock units (RSUs) of Class C Non-Voting Common Stock. The grant was made 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 remains a director on that date. His direct holdings after this award total 8,579 shares of Class C Non-Voting Common Stock, including 376 restricted shares that will vest on March 31, 2026 and 471 restricted shares that will vest on March 31, 2027, subject to continued board 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

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

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^*

JOHNSON MITCHELL A

(Last) (First) (Middle)

C/O FARMER MAC

2100 PENNSYLVANIA AVE NW, 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)	8,579(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 Mitchell A. Johnson	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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did AGM director Mitchell A. Johnson report on this Form 4?

Mitchell A. Johnson reported receiving 471 restricted stock units of Farmer Mac Class C Non-Voting Common Stock. The equity award was granted for no cash consideration under the company’s Amended and Restated 2008 Omnibus Incentive Plan.

When do Mitchell A. Johnson’s new AGM RSUs vest?

All 471 newly granted restricted stock units vest on March 31, 2027 if he remains a director of Farmer Mac. The filing also notes 376 restricted shares that will vest on March 31, 2026 under the same continued-service condition.

How many AGM Class C shares does Mitchell A. Johnson hold after this grant?

After the award, Mitchell A. Johnson directly holds 8,579 shares of Farmer Mac’s Class C Non-Voting Common Stock. This total includes both currently held shares and restricted shares scheduled to vest in 2026 and 2027, assuming continued board service.

What type of AGM stock was granted to Mitchell A. Johnson?

He received Class C Non-Voting Common Stock in the form of restricted stock units. These RSUs are issued under Farmer Mac’s Amended and Restated 2008 Omnibus Incentive Plan and become actual shares only upon vesting on the specified future dates.

Was there any purchase price for the AGM RSUs granted to Mitchell A. Johnson?

No, the 471 restricted stock units were granted for no consideration, with a reported price per share of 0.0000. The award functions as equity compensation tied to his continued service as a director through the stated vesting dates.