Farmer Mac (NYSE: AGM) director receives 471 Class C RSUs
Rhea-AI Filing Summary
JUNKINS LOWELL reported acquisition or exercise transactions in this Form 4 filing.
Federal Agricultural Mortgage Corp
All 471 RSUs are scheduled to vest on March 31, 2027, if he remains a director on that date. After this grant, his direct holdings total 10,918.232 shares, including 376 and 471 restricted shares that are scheduled to vest on March 31, 2026 and March 31, 2027, subject to continued board service.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 471 shares
Net Buy
1 txn
Insider
JUNKINS LOWELL
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class C Non-Voting Common Stock | 471 | $0.00 | $0.00 |
Holdings After Transaction:
Class C Non-Voting Common Stock — 10,918.232 shares (Direct)
Footnotes (2)
- F1. 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.
- F2. 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.
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FAQ
What did AGM director Lowell Junkins report in this Form 4 filing?
Lowell Junkins reported receiving 471 restricted stock units of Farmer Mac Class C Non-Voting Common Stock. The award was granted for no cash consideration under the company’s omnibus incentive plan and increases his total directly held and restricted shares to 10,918.232.
When do Lowell Junkins’ new AGM restricted stock units vest?
The 471 newly granted restricted stock units are scheduled to vest on March 31, 2027. Vesting is contingent on Junkins remaining a director of Federal Agricultural Mortgage Corp (Farmer Mac) through that date, according to the grant’s stated conditions in the filing footnotes.
Was any cash paid for the AGM restricted stock units granted to Lowell Junkins?
No cash was paid for the grant. The Form 4 footnote states the 471 restricted stock units of Class C Non-Voting Common Stock were granted for no consideration under Farmer Mac’s Amended and Restated 2008 Omnibus Incentive Plan as part of director compensation.