AGNC Investment (NASDAQ: AGNC) grants CFO Bernice Bell 89,686 RSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AGNC Investment Corp. executive vice president and CFO Bernice Bell reported receiving a grant of 89,686 restricted stock units of common stock at no cost under the company’s 2016 Equity and Incentive Compensation Plan. This is classified as a grant, award, or other acquisition.
The RSUs will vest in three equal installments on March 15, 2027, March 15, 2028, and March 15, 2029, subject to stated limitations. Following this award, Bell’s directly owned common stock and RSU holdings total 457,016.008 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Bell Bernice
Role
EVP, CFO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 89,686 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 457,016.008 shares (Direct)
Footnotes (1)
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FAQ
What did AGNC (AGNC) EVP and CFO Bernice Bell report in this Form 4 filing?
Bernice Bell reported receiving a grant of 89,686 restricted stock units of AGNC common stock at no cost. These RSUs were awarded under AGNC’s 2016 Equity and Incentive Compensation Plan as a non-cash equity incentive for the executive vice president and chief financial officer.
What type of AGNC security was granted to Bernice Bell in this Form 4?
The grant to Bernice Bell consists of restricted stock units, or RSUs, tied to AGNC common stock. These RSUs were issued under the Amended and Restated AGNC Investment Corp. 2016 Equity and Incentive Compensation Plan as part of her executive compensation package.
On what schedule will Bernice Bell’s 89,686 AGNC RSUs vest?
The 89,686 AGNC RSUs granted to Bernice Bell vest in three equal installments. The underlying common stock will vest, subject to certain limitations, on March 15, 2027, March 15, 2028, and March 15, 2029, providing a multi-year equity incentive framework for the company’s CFO.
Did Bernice Bell pay any cash consideration for the AGNC RSU grant reported?
No cash consideration was paid by Bernice Bell for the AGNC RSU grant. The filing notes that the awards were received as a grant for no consideration, meaning they were issued as part of her equity compensation rather than purchased in an open-market or private transaction.
How is the Form 4 transaction for AGNC classified in regulatory terms?
The Form 4 transaction is classified under code “A” as a grant, award, or other acquisition of a non-derivative security. It reflects an executive compensation-related grant of AGNC restricted stock units, not an open-market buy or sell of the company’s common stock by Bernice Bell.