Director at AGNC Investment (NASDAQ: AGNC) receives 17,045 RSUs grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Davis Morris A. reported acquisition or exercise transactions in this Form 4 filing.
AGNC Investment Corp. director Davis Morris A. received a grant of 17,045 shares of Common Stock in the form of restricted stock units. The award was granted for no cash consideration under the company’s Amended and Restated 2016 Equity and Incentive Compensation Plan and will vest, subject to limitations, on the earlier of April 16, 2027 or the next annual meeting of stockholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Davis Morris A.
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.01 per share | 17,045 | $0.00 | -- |
Holdings After Transaction:
Common Stock, par value $0.01 per share — 17,045 shares (Direct)
Footnotes (1)
- [object Object]
Key Figures
RSUs granted: 17,045 shares
Grant price: $0.0000 per share
Shares after transaction: 17,045 shares
+1 more
4 metrics
RSUs granted
17,045 shares
Restricted stock units awarded to director Davis Morris A.
Grant price
$0.0000 per share
RSUs received as a grant for no consideration
Shares after transaction
17,045 shares
Total common stock held directly following the grant
Latest vesting date
April 16, 2027
RSUs vest earlier of this date or next annual meeting
Key Terms
restricted stock units ("RSUs"), Equity and Incentive Compensation Plan, vest
3 terms
restricted stock units ("RSUs") financial
"Represents restricted stock units ("RSUs") granted to the Reporting Person"
Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.
Equity and Incentive Compensation Plan financial
"under the Amended and Restated AGNC Investment Corp. 2016 Equity and Incentive Compensation Plan"
vest financial
"The Common Stock underlying the RSUs will vest, subject to certain limitations"
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What did AGNC (AGNC) director Davis Morris report in this Form 4?
Davis Morris reported receiving a grant of 17,045 restricted stock units of AGNC common stock. These units were awarded under AGNC’s 2016 Equity and Incentive Compensation Plan as compensation, not as an open-market stock purchase or sale.
When do the granted AGNC (AGNC) restricted stock units vest?
The 17,045 restricted stock units will vest on the earlier of April 16, 2027 or the date of AGNC’s next annual meeting of stockholders. Vesting remains subject to certain limitations described in the award’s terms under the company’s equity plan.
Is this AGNC (AGNC) Form 4 transaction a stock purchase or sale?
No, this Form 4 reflects a grant or award acquisition, not a purchase or sale. The units were granted for no consideration as equity compensation, so there was no open-market buying or selling of AGNC shares in this reported transaction.
What equity plan governed the AGNC (AGNC) restricted stock unit grant?
The grant was made under the Amended and Restated AGNC Investment Corp. 2016 Equity and Incentive Compensation Plan. This plan provides for equity-based compensation, including restricted stock units, to directors and other eligible participants of the company.