Gary Kain (AGNC) withholds 251,989 shares to cover RSU tax bill
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AGNC Investment Corp. Director and Executive Chair Gary D. Kain reported a tax-related share disposition tied to restricted stock unit vesting. On February 17, 2026, 251,989 common shares at $11.30 per share were withheld to cover required tax withholdings, rather than sold in the open market. After these dispositions, Kain directly held 1,948,376.101 common shares and 10,900 shares of Series D preferred stock, and an additional 517,920 common shares were held indirectly through a family trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
3 transactions reported
Mixed
3 txns
Insider
Kain Gary D
Role
Director, Executive Chair
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 251,989 | $11.30 | $2.85M |
| holding | Series D Preferred Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 1,948,376.101 shares (Direct);
Series D Preferred Stock — 10,900 shares (Direct);
Common Stock — 517,920 shares (Indirect, By family trust)
Footnotes (1)
- Dispositions represent shares withheld upon vesting of restricted stock unit awards to cover required tax withholdings. Includes 11,274 dividend equivalent restricted stock units received on previously granted RSU awards since the Reporting Person's last Form 4 filing.
FAQ
What did AGNC (AGNC) insider Gary Kain report in this Form 4?
Gary D. Kain reported a tax-related disposition of AGNC shares. 251,989 common shares were withheld upon restricted stock unit vesting to satisfy required tax withholdings, rather than being sold in an open market transaction.
What indirect AGNC holdings does Gary Kain report through a family trust?
The Form 4 shows 517,920 AGNC common shares held indirectly through a family trust. These shares are categorized as indirect ownership, separate from Kain’s directly held common stock position reported in the filing.
What preferred stock position in AGNC does Gary Kain report?
Gary D. Kain reported holding 10,900 shares of AGNC Series D Preferred Stock. This position is listed as directly owned and is separate from his common stock and the family trust’s indirect common stock holdings.
Was Gary Kain’s AGNC transaction an open-market sale or tax withholding?
The transaction was tax withholding, not an open-market sale. Shares were withheld upon vesting of restricted stock unit awards to cover required tax withholdings, as described in the filing’s footnote.