Farmer Mac director takes fees in AGM stock

Federal Agricultural Mortgage Corp director Eric T. McKissack acquired 14 shares of Class C Non-Voting Common Stock at $148.35 per share.

Rhea-AI Filing Summary

Federal Agricultural Mortgage Corp director Eric T. McKissack acquired 14 shares of Class C Non-Voting Common Stock at $148.35 per share. The shares were issued under his prior election to receive newly issued stock instead of some or all of his quarterly cash retainer.

After this transaction, he directly owns 2,874 shares of this class. His holdings also include 471 unvested restricted stock units of Class C Non-Voting Common Stock that are scheduled to vest on March 31, 2027, if he remains a director on that date.

Insider Trade Summary

Grant/Award: 14 shares

Grant/Award 1 txn

Insider McKissack Eric T

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Class C Non-Voting Common Stock	14	$148.35	$2K

Holdings After Transaction: Class C Non-Voting Common Stock — 2,874 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 March 31, 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: 14 shares Price per share: $148.35/share Direct holdings after transaction: 2,874 shares +1 more

4 metrics

Shares acquired 14 shares Class C Non-Voting Common Stock on March 31, 2026

Price per share $148.35/share Closing price on March 31, 2026 NYSE

Direct holdings after transaction 2,874 shares Class C Non-Voting Common Stock held directly

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 ... Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer"

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

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

What insider transaction did AGM director Eric T. McKissack report?

Eric T. McKissack reported acquiring 14 shares of Federal Agricultural Mortgage Corp Class C Non-Voting Common Stock at $148.35 per share. The shares were issued as part of his election to take director fees in stock instead of cash.

How did Eric T. McKissack receive AGM shares in this Form 4?

He received newly issued AGM Class C Non-Voting Common Stock under an existing election to purchase shares at market value. This election allows him to take some or all of his quarterly director retainer in stock instead of cash.

What are Eric T. McKissack’s AGM share holdings after this transaction?

Following the transaction, he directly owns 2,874 shares of AGM’s Class C Non-Voting Common Stock. This total reflects the newly acquired 14 shares in addition to his prior direct holdings reported in the filing.

Does Eric T. McKissack hold any unvested AGM restricted stock units?

Yes. He holds 471 unvested restricted stock units of AGM Class C Non-Voting Common Stock. These RSUs are scheduled to vest on March 31, 2027, if he continues to serve as a director through that date.

What price was used to issue AGM shares under the director fee election?

The issuance price was the closing market value of AGM Class C Non-Voting Common Stock on March 31, 2026. The filing specifies this was $148.35 per share, as reported by the New York Stock Exchange.

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

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Accepted by SEC EDGAR 04/02/2026 - 05:33 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^*

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)
03/31/2026

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	03/31/2026		A		14(1)	A	$148.35	2,874(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 March 31, 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	04/02/2026
	** 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)