AGNC CEO reports tax-withholding share disposition
AGNC Investment Corp. director and CEO Peter J. Federico reported a tax-withholding share disposition related to restricted stock units.
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
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 299,992 | $11.30 | $3.39M |
| holding | Common Stock | -- | -- | -- |
Footnotes (2)
- F1. Dispositions represent shares withheld upon vesting of restricted stock unit awards to cover required tax withholdings.
- F2. 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?
Was the AGNC insider transaction an open-market sale or tax withholding?
What does the Form 4 say about dividend equivalent RSUs for AGNC’s CEO?
AI-generated analysis. How Rhea-AI works. Not financial advice.