Matthew 25 Management (AGM) reports 9.55% Class A stake in Federal Agricultural Mortgage

Rhea-AI Filing Summary

Matthew 25 Management Corp has reported beneficial ownership of 98,477 shares of Federal Agricultural Mortgage Corp Class A common stock, representing about 9.55% of this share class as of 12/31/2025. The firm has sole power to vote and dispose of all these shares and reports no shared voting or dispositive power.

The securities are held by the open-end investment company Matthew 25 Fund, for which Matthew 25 Management Corp serves as investment adviser with full investment and voting authority under its advisory contract. The filer certifies that the position is held in the ordinary course of business and not for the purpose of changing or influencing control of the company.

Insights

Equity ownership & governance analyst

Matthew 25 Management discloses a 9.55% passive stake in AGM Class A.

Matthew 25 Management Corp reports beneficial ownership of 98,477 Class A common shares of Federal Agricultural Mortgage Corp, representing about 9.55% of that class as of December 31, 2025. The filing shows sole voting and dispositive power over the entire position.

The shares are owned by the Matthew 25 Fund, an open-end investment company advised by Matthew 25 Management Corp, with the advisory contract granting full investment and voting authority. The filer certifies the stake is held in the ordinary course of business and not to change or influence control, indicating a passive institutional holding rather than an activist position.

Future ownership levels will depend on portfolio management decisions by the adviser and the fund, with any material changes in beneficial ownership typically reflected in subsequent beneficial ownership reports.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

FEDERAL AGRICULTURAL MORTGAGE CORP

(Name of Issuer)

Common Stock Class A

(Title of Class of Securities)

313148108

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 313148108

1

Names of Reporting Persons

Matthew 25 Management Corp

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

PENNSYLVANIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 98,477.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 98,477.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

98,477.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

9.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: FEDERAL AGRICULTURAL MORTGAGE CORP
(b)	Address of issuer's principal executive offices: 2100 PENNSYLVANIA AVE NW, SUITE 450N, WASHINGTON, PENNSYLVANIA, 20037
Item 2.
(a)	Name of person filing: Matthew 25 Management Corp.
(b)	Address or principal business office or, if none, residence: 122 East Butler Avenue Suite 300 Ambler, PA 19002
(c)	Citizenship: Pennsylvania
(d)	Title of class of securities: Common Stock Class A
(e)	CUSIP No.: 313148108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 98,477
(b)	Percent of class: 9.55%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 98,477
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 98,477
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	If a parent holding company has filed this schedule, pursuant to Rule 13d-1(b)(ii)(G), so indicate under Item 3(g) and attach an exhibit stating the identity and the Item 3 classification of the relevant subsidiary. If a parent holding company has filed this schedule pursuant to Rule 13d-1(c) or Rule 13d-1(d), attach an exhibit stating the identification of the relevant subsidiary. The securities reported herein are beneficially owned by an open-end investment company called the Matthew 25 Fund (The Fund). The Fund is an advisory client of Matthew 25 Management Corp. The advisory contract grants to the advisor all investment and voting power over the securities owned by the Fund.
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under § 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Matthew 25 Management Corp

Signature:	Lesley Buck
Name/Title:	CCO
Date:	01/26/2026

FAQ

How many Federal Agricultural Mortgage Corp (AGM) shares does Matthew 25 Management Corp report owning?

Matthew 25 Management Corp reports beneficial ownership of 98,477 shares of Federal Agricultural Mortgage Corp Class A common stock as of December 31, 2025.

What percentage of Federal Agricultural Mortgage Corp (AGM) Class A shares does Matthew 25 Management Corp hold?

The filing states that Matthew 25 Management Corp beneficially owns about 9.55% of the outstanding Class A common stock of Federal Agricultural Mortgage Corp.

Who actually holds the AGM shares reported by Matthew 25 Management Corp?

The securities are beneficially owned by the open-end investment company called the Matthew 25 Fund, which is an advisory client of Matthew 25 Management Corp.

Does Matthew 25 Management Corp have voting power over its AGM shares?

Yes. The filer reports sole power to vote and dispose of all 98,477 shares, with no shared voting or dispositive power.

Is Matthew 25 Management Corp’s stake in AGM intended to influence control of the company?

No. The certification states the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of Federal Agricultural Mortgage Corp.

Who signed the Schedule 13G filing for the Matthew 25 Management Corp position in AGM?

The filing is signed by Lesley Buck, identified as CCO, dated January 26, 2026.