Federal Agricultural Mortgage director acquires 97 shares

The director's reported holdings include 471 unvested restricted stock units scheduled to vest March 31, 2027, if she remains a director on that date.

Rhea-AI Filing Summary

Amy H. Gales, a director of Federal Agricultural Mortgage Corp. (AGM), acquired 97 newly issued Class C Non-Voting Common Stock shares on September 30, 2026, at $206.92 per share under an existing election to receive shares at market value instead of some or all of her quarterly retainer in cash. Her reported holdings afterward were 6,177 shares, including 471 unvested restricted stock units scheduled to vest March 31, 2027, if she remains a director on that date.

Insider Trade Summary

Grant/Award: 97 shares

Grant/Award 1 txn

Insider Gales Amy H

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class C Non-Voting Common Stock F1, F2	97	$206.92	$20K

Holdings After Transaction: Class C Non-Voting Common Stock — 6,177 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 September 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.
2. F2. Includes 471 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: 97 shares Price per share: $206.92 Reported holdings after transaction: 6,177 shares +1 more

4 metrics

Shares acquired 97 shares September 30, 2026

Price per share $206.92 Closing price on September 30, 2026

Reported holdings after transaction 6,177 shares Includes 471 unvested restricted stock units

Unvested restricted stock units 471 units Scheduled to vest March 31, 2027, if Amy H. Gales remains a director on that date

Key Terms

restricted stock units, quarterly retainer, market value

3 terms

restricted stock units financial

"Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock"

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"

market value financial

"purchase, at market value, newly issued shares"

Market value is the total worth investors place on a publicly traded company at a given moment, calculated by multiplying the current share price by the number of shares outstanding — like the price tag you’d see if you tried to buy the whole business today. It matters to investors because it shows how the market views a company’s size, growth prospects and risk, influences index membership and investment strategies, and helps compare companies the way you’d compare houses by their market prices.

FAQ

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

How many shares did Amy Gales acquire in AGM, and at what price?

Amy H. Gales, a director of Federal Agricultural Mortgage Corp. (AGM), acquired 97 shares of Class C Non-Voting Common Stock on September 30, 2026, at $206.92 per share. The newly issued shares were received under her existing election to purchase shares in place of some or all of her quarterly retainer in cash.

How was the share price for Amy Gales's AGM transaction determined?

The $206.92 per-share amount was the stock's closing price on September 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange. Her election provided for newly issued shares at market value in lieu of some or all of her cash retainer.

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

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Available on EDGAR 10/02/2026 - 05:06 PM Accepted by SEC EDGAR 10/02/2026 - 05:05 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^*

Gales Amy H

(Last) (First) (Middle)

C/O FARMER MAC

2100 PENNSYLVANIA AVE 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)
09/30/2026

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	09/30/2026		A		97(1)	A	$206.92	6,177(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 September 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.

2. Includes 471 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 Amy H. Gales	10/02/2026
	** 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)