Farmer Mac (NYSE: AGM) director takes retainer in stock, holds 2,895 shares

Rhea-AI Filing Summary

Federal Agricultural Mortgage Corp director Eric T. McKissack increased his holdings through stock-based compensation. He acquired 21 shares of Class C Non-Voting Common Stock on June 30, 2026 at a market value of $199.27 per share, electing to receive part of his quarterly director retainer in stock instead of cash.

After this grant, he directly holds 2,895 shares of this class. His position also includes 471 unvested restricted stock units that are scheduled to vest on March 31, 2027 if he continues to serve as a director, underscoring that this filing reflects routine equity compensation rather than an open-market purchase or sale.

Insider Trade Summary

Net Buyer: 21 shares

Net Buy 1 txn

Insider McKissack Eric T

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class C Non-Voting Common Stock	21	$199.27	$4K

Holdings After Transaction: Class C Non-Voting Common Stock — 2,895 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 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.

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

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google Not now

Form 4 Insider Transactions: What Each Field Means →

Available on EDGAR 07/02/2026 - 04:20 PM Accepted by SEC EDGAR 07/02/2026 - 04:19 PM Learn about SEC filing dates

FAQ

What did AGM director Eric T. McKissack report in this Form 4 filing?

Eric T. McKissack reported acquiring 21 shares of Federal Agricultural Mortgage Corp Class C Non-Voting Common Stock. The shares were issued as part of his quarterly director retainer, taken in stock instead of cash at the stock’s market value on June 30, 2026.

Was the AGM Form 4 transaction an open-market buy or sale by the director?

The transaction was not an open-market buy or sale. McKissack received 21 shares as a grant at market value in lieu of cash retainer, reflecting routine stock-based board compensation rather than a discretionary purchase or sale in the open market.

At what price were the AGM shares issued to director Eric T. McKissack?

The 21 Class C Non-Voting Common shares were issued at a market value of $199.27 per share. That price equals the closing price on June 30, 2026, the final business day of the quarter, as reported by the New York Stock Exchange.

How many AGM shares does Eric T. McKissack own after this Form 4 transaction?

Following the grant, McKissack directly holds 2,895 shares of Federal Agricultural Mortgage Corp Class C Non-Voting Common Stock. This total includes the newly issued 21 shares received as compensation and represents his direct ownership position reported in the filing.

What restricted stock units does AGM director Eric T. McKissack have outstanding?

McKissack holds 471 unvested restricted stock units of AGM Class C Non-Voting Common Stock. These RSUs are scheduled to vest on March 31, 2027, provided he remains a director on that date, aligning his compensation with continued board service.

Why did AGM issue shares instead of cash to director Eric T. McKissack?

The shares were issued under McKissack’s existing election to receive newly issued Class C Non-Voting Common Stock instead of some or all of his quarterly cash retainer. This arrangement turns standard board fees into equity, aligning compensation with shareholder interests.

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^*

McKissack Eric T

(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)
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		21(1)	A	$199.27	2,895(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 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 Eric T. McKissack	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)