AGNC EVP granted 60,538 RSUs
AGNC Investment Corp. reported that EVP and General Counsel Kenneth L. Pollack acquired 60,538 shares of common stock through a restricted stock unit grant for no cash consideration.
Rhea-AI Filing Summary
AGNC Investment Corp. reported that EVP and General Counsel Kenneth L. Pollack acquired 60,538 shares of common stock through a restricted stock unit grant for no cash consideration. These RSUs were granted under the company’s equity and incentive compensation plan and will vest in equal installments on March 15, 2027, March 15, 2028, and March 15, 2029. Following this award, Pollack directly holds 571,389 shares of AGNC common stock.
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Insider Trade Summary
Grant/Award: 60,538 shares
Grant/Award
1 txn
Insider
Pollack Kenneth L.
Role
EVP and General Counsel
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 60,538 | $0.00 | $0.00 |
Holdings After Transaction:
Common Stock — 571,389 shares (Direct)
Footnotes (1)
- F1. Represents restricted stock units ("RSUs") granted under the Amended and Restated AGNC Investment Corp. 2016 Equity and Incentive Compensation Plan. The awards were received as a grant for no consideration. The common stock underlying the RSUs will vest, subject to certain limitations, in equal installments, on each of March 15, 2027, March 15, 2028 and March 15, 2029.
FAQ
What insider transaction did AGNC (AGNC) report for Kenneth L. Pollack?
AGNC reported that EVP and General Counsel Kenneth L. Pollack received 60,538 restricted stock units as a grant. The award was made for no cash consideration and increases his direct holdings to 571,389 common shares after the transaction.
What role does Kenneth L. Pollack hold at AGNC Investment Corp.?
Kenneth L. Pollack serves as Executive Vice President and General Counsel at AGNC Investment Corp. This officer role is disclosed in the insider filing and is associated with the equity grant of 60,538 restricted stock units reported on the Form 4.
How will the newly granted AGNC RSUs to Kenneth L. Pollack vest?
The 60,538 restricted stock units granted to Kenneth L. Pollack will vest in three equal installments. Vesting is scheduled on March 15, 2027, March 15, 2028, and March 15, 2029, subject to certain limitations described in the award terms.
Under which plan were the AGNC RSUs granted to Kenneth L. Pollack?
The restricted stock units were granted under the Amended and Restated AGNC Investment Corp. 2016 Equity and Incentive Compensation Plan. The footnote explains that the RSUs were received as a grant for no consideration and will vest over three future dates.
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