Director at Federal AgriMortgage (NYSE: AGM) takes quarterly fees in stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Federal Agricultural Mortgage Corp director Robert G. Sexton increased his holdings through stock-based compensation. On June 30, 2026, he acquired 42 shares of Class C Non-Voting Common Stock at a market value of $199.27 per share, taken in lieu of part of his quarterly cash retainer.
Following this award, Sexton directly owns 14,268 shares of this class of stock. Footnotes state he also holds 471 unvested restricted stock units that are scheduled to vest on March 31, 2027, if he remains a director on that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Sexton Robert G
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Non-Voting Common Stock | 42 | $199.27 | $8K |
Holdings After Transaction:
Class C Non-Voting Common Stock — 14,268 shares (Direct, null)
Footnotes (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. 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: 42 shares
Issue price: $199.27 per share
Shares owned after transaction: 14,268 shares
+1 more
4 metrics
Shares acquired
42 shares
Class C Non-Voting Common Stock on June 30, 2026
Issue price
$199.27 per share
Closing market price on June 30, 2026
Shares owned after transaction
14,268 shares
Direct holdings reported following June 30, 2026 grant
Unvested RSUs
471 units
Restricted stock units vesting March 31, 2027 if still director
Key Terms
Class C Non-Voting Common Stock, quarterly retainer, restricted stock units
3 terms
Class C Non-Voting Common Stock financial
"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"
quarterly retainer financial
"in lieu of receiving some or all of the director's quarterly retainer in cash"
restricted stock units financial
"Includes 471 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.
FAQ
What insider transaction did AGM director Robert G. Sexton report?
AGM director Robert G. Sexton reported acquiring 42 shares of Class C Non-Voting Common Stock. The shares were issued as part of his quarterly retainer, taken in stock instead of cash at the June 30, 2026 closing market price.
Does Robert G. Sexton hold any unvested AGM equity awards?
Yes. Footnotes state he holds 471 unvested restricted stock units of AGM Class C Non-Voting Common Stock. These units are scheduled to vest on March 31, 2027, provided he continues serving as a director on that vesting date.
What type of AGM stock did Robert G. Sexton receive in this Form 4?
He received Class C Non-Voting Common Stock of Federal Agricultural Mortgage Corp. These shares do not carry voting rights but represent an equity interest, and in this case were issued as compensation rather than purchased on the open market.