AGNC Investment Corp. (AGNC) EVP has shares withheld for taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
AGNC Investment Corp. executive vice president Sean Reid reported a routine tax-related share disposition. On this Form 4, 35,030 shares of common stock were withheld at $10.33 per share to cover taxes upon vesting of restricted stock units, not through an open-market sale. Reid now holds 442,017.049 shares directly and 11,000 shares indirectly through an IRA.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Reid Sean
Role
EVP
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 35,030 | $10.33 | $362K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 442,017.049 shares (Direct);
Common Stock — 11,000 shares (Indirect, IRA)
Footnotes (1)
- Dispositions represent shares withheld upon vesting of restricted stock unit awards to cover required tax withholdings. Includes 1,748 dividend equivalent restricted stock units received on previously granted RSU awards since the Reporting Person's last Form 4 filing.
FAQ
What did AGNC (AGNC) EVP Sean Reid report in this Form 4?
Sean Reid reported a tax-related share disposition where 35,030 AGNC common shares were withheld to cover tax obligations on vested restricted stock units. This was not an open-market trade but a standard administrative transaction tied to equity compensation.
Does the AGNC Form 4 show an open-market sale by Sean Reid?
No, the Form 4 does not show an open-market sale. The 35,030 shares reported were withheld by the company to cover tax liabilities on vested restricted stock units, a non-discretionary administrative disposition rather than a voluntary market transaction.
What do the AGNC Form 4 footnotes say about the RSU awards?
The footnotes state the disposition shares were withheld for taxes upon vesting of restricted stock units and that Reid received 1,748 dividend equivalent restricted stock units on previously granted RSU awards since his last Form 4 filing.
Is the AGNC EVP transaction on this Form 4 a strong insider signal?
The transaction is characterized as a tax-withholding disposition related to RSU vesting, not an open-market buy or sell. Such administrative equity-compensation events typically carry limited signaling value about the insider’s view of the company’s prospects.