Farmer Mac director granted 46 shares as fee

Federal Agricultural Mortgage Corp director Logan Lyle reported a stock-based compensation transaction.

Rhea-AI Filing Summary

Federal Agricultural Mortgage Corp director Logan Lyle reported a stock-based compensation transaction. On June 30, 2026, he acquired 46 shares of Class C Non-Voting Common Stock at a price of $199.27 per share as a grant or award.

According to the filing, these shares were issued under his prior election to receive newly issued Farmer Mac stock instead of some or all of his quarterly cash retainer, using the June 30, 2026 closing price. After this transaction, he holds 432 shares directly, including 386 unvested restricted stock units scheduled to vest on March 31, 2027 if he remains a director.

Insider Trade Summary

Grant/Award: 46 shares

Grant/Award 1 txn

Insider Logan Lyle

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class C Non-Voting Common Stock	46	$199.27	$9K

Holdings After Transaction: Class C Non-Voting Common Stock — 432 shares (Direct)

Footnotes (2)

1. F1. Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.
2. F2. Includes 386 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Key Figures

Shares acquired: 46 shares Issue price: $199.27 per share Total direct holdings after transaction: 432 shares +1 more

4 metrics

Shares acquired 46 shares Class C Non-Voting Common Stock on June 30, 2026

Issue price $199.27 per share Closing price on June 30, 2026 used for director fee election

Total direct holdings after transaction 432 shares Class C Non-Voting Common Stock held by Logan Lyle

Unvested RSUs 386 restricted stock units Class C Non-Voting Common Stock vesting March 31, 2027 if he remains director

Key Terms

Class C Non-Voting Common Stock, restricted stock units, quarterly retainer, grant, award, or other acquisition

4 terms

Class C Non-Voting Common Stock financial

"Shares were issued pursuant to the director's existing election to purchase ... Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer"

restricted stock units financial

"Includes 386 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027"

Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.

quarterly retainer financial

"in lieu of receiving some or all of the director's quarterly retainer in cash"

grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Logan Lyle report for Federal Agricultural Mortgage (AGM)?

Director Logan Lyle reported acquiring 46 shares of Class C Non-Voting Common Stock as a grant or award. The shares were issued as part of his election to receive stock instead of some or all of his quarterly cash retainer.

At what price were the 46 Federal Agricultural Mortgage (AGM) shares issued to Logan Lyle?

The 46 shares were issued at $199.27 per share, equal to the June 30, 2026 closing price. This price was used to value newly issued Class C Non-Voting Common Stock received instead of a portion of the director’s cash retainer.

Why did Logan Lyle receive Federal Agricultural Mortgage (AGM) shares instead of cash?

Logan Lyle had an existing election to purchase newly issued Class C Non-Voting Common Stock in lieu of some or all of his quarterly cash retainer. The company honored this election by issuing shares at the closing market price on June 30, 2026.

How many Federal Agricultural Mortgage (AGM) shares does Logan Lyle hold after this transaction?

After the transaction, Logan Lyle holds 432 shares of Class C Non-Voting Common Stock directly. This total includes 386 unvested restricted stock units that are scheduled to vest on March 31, 2027, assuming he continues to serve as a director.

What are the details of Logan Lyle’s unvested restricted stock units in Federal Agricultural Mortgage (AGM)?

Logan Lyle has 386 unvested restricted stock units of Class C Non-Voting Common Stock. These units are expected to vest on March 31, 2027, provided he remains a director of Federal Agricultural Mortgage Corporation on that date.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/02/2026 - 04:19 PM Learn about SEC filing dates

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^*

Logan Lyle

(Last) (First) (Middle)

2100 PENNSYLVANIA AVENUE, NW, SUITE 450N

(Street)

WASHINGTON DISTRICT OF COLUMBIA 20037

(City) (State) (Zip)

UNITED STATES

(Country)

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)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
06/30/2026

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

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

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

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	06/30/2026		A		46(1)	A	$199.27	432(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. Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

2. Includes 386 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.

Remarks:

	Geraldine I. Hayhurst, as attorney-in-fact for Lyle Logan	07/02/2026
	** 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.
* Form 4: SEC 1474 (03-26)