AGNC Investment Corp. (AGNC) CEO logs tax-withholding share disposition
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AGNC Investment Corp. director and CEO Peter J. Federico reported a tax-withholding share disposition related to restricted stock units. On the vesting of awards, 299,992 shares of common stock were withheld at $11.30 per share to cover required tax withholdings, rather than being sold in the open market.
After this automatic withholding, he directly owns 2,007,900.869 AGNC common shares. The filing also shows an additional 1,900 shares held indirectly through an IRA account. The direct holdings figure includes 16,340 dividend equivalent restricted stock units credited since his last Form 4.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Federico Peter J
Role
Director, President, CEO, CIO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 299,992 | $11.30 | $3.39M |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 2,007,900.869 shares (Direct);
Common Stock — 1,900 shares (Indirect, IRA)
Footnotes (1)
- Dispositions represent shares withheld upon vesting of restricted stock unit awards to cover required tax withholdings. Includes 16,340 dividend equivalent restricted stock units received on previously granted RSU awards since the Reporting Person's last Form 4 filing.
FAQ
What insider transaction did AGNC (AGNC) CEO Peter J. Federico report?
Peter J. Federico reported a tax-withholding share disposition tied to restricted stock vesting. AGNC withheld 299,992 common shares to satisfy required tax obligations, rather than the CEO selling shares in an open-market transaction.
Was the AGNC insider transaction an open-market sale or tax withholding?
The AGNC insider transaction was tax withholding, not an open-market sale. Shares were automatically withheld upon restricted stock unit vesting to cover tax liabilities, classified under a Form 4 code F disposition transaction.
What does the Form 4 say about dividend equivalent RSUs for AGNC’s CEO?
The Form 4 notes that Peter J. Federico’s holdings include 16,340 dividend equivalent restricted stock units. These RSUs were credited on previously granted awards since his last Form 4, increasing his reported direct equity exposure to AGNC.