Major Angel Oak Mortgage REIT (NYSE: AOMR) holder sells 481K shares

Rhea-AI Filing Summary

Angel Oak Mortgage REIT, Inc. had a large shareholder associated with Davidson Kempner sell common stock in an open-market transaction. On March 20, 2026, Xylem Finance LLC sold 481,537 shares of common stock at $7.87 per share, leaving it with 3,652,673 shares held indirectly. The filing notes that various reporting persons, including Anthony A. Yoseloff through Davidson Kempner Capital Management LP, are involved in voting and investment decisions for Xylem, while expressly disclaiming beneficial ownership except for any pecuniary interest.

Insights

Equity markets analyst

Large 10% holder executes notable but partial open-market sale.

A significant shareholder linked to Davidson Kempner, acting through Xylem Finance LLC, sold 481,537 shares of Angel Oak Mortgage REIT at $7.87 per share. The transaction is an open-market sale of common stock.

After the sale, Xylem still holds 3,652,673 shares indirectly, so this represents a partial reduction rather than a full exit. The reporting persons also disclaim beneficial ownership beyond their pecuniary interest, which is typical language for investment managers.

The event shows a net-sell direction from a large holder, but the remaining position is substantial. Without additional context on total shares outstanding or trading plans, the informational value is moderate and best viewed as one data point among broader company and market developments.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DAVIDSON KEMPNER CAPITAL MANAGEMENT LP

(Last) (First) (Middle)

9 WEST 57TH STREET

29TH FLOOR

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Angel Oak Mortgage REIT, Inc. [ AOMR ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			See Remarks

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/20/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

	Form filed by One Reporting Person
X	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock, par value $0.01 per share	03/20/2026		S		481,537	D	$7.87	3,652,673	I	See footnotes(1)(2)

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

1. Name and Address of Reporting Person^*

DAVIDSON KEMPNER CAPITAL MANAGEMENT LP

(Last) (First) (Middle)

9 WEST 57TH STREET

29TH FLOOR

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			See Remarks

1. Name and Address of Reporting Person^*

Xylem Finance LLC

(Last) (First) (Middle)

9 WEST 57TH STREET

29TH FLOOR

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			see Remarks

1. Name and Address of Reporting Person^*

YOSELOFF ANTHONY ALEXANDER

(Last) (First) (Middle)

DAVIDSON KEMPNER CAPITAL MANAGEMENT LP

9 WEST 57TH STREET, 29TH FLOOR

(Street)

NEW YORK NEW YORK 10019

(City) (State) (Zip)

UNITED STATES

(Country)

Relationship of Reporting Person(s) to Issuer

	Director	X	10% Owner
	Officer (give title below)	X	Other (specify below)
			see Remarks

Explanation of Responses:

1. The securities reported on this line are held directly by Xylem Finance LLC, a Delaware limited liability company ("Xylem"). Davidson Kempner Capital Management LP, a Delaware limited partnership and a registered investment adviser with the U.S. Securities and Exchange Commission ("DKCM") acts as investment manager to Xylem. DKCM GP LLC, a Delaware limited liability company, is the general partner of DKCM. The managing members of DKCM are Anthony A. Yoseloff, Conor Bastable, Morgan P. Blackwell, Patrick W. Dennis, Gabriel T. Schwartz, Zachary Z. Altschuler, Joshua D. Morris, Suzanne K. Gibbons, Gregory S. Feldman, Melanie Levine and James Li. Anthony A. Yoseloff through DKCM, is responsible for the voting and investment decisions relating to the securities held by Xylem reported herein.

2. The filing of this statement shall not be deemed an admission that any of the Reporting Persons is the beneficial owner of the securities reported herein for purposes of Section 16 of the Securities Act of 1934, as amended, or otherwise. Each of the Reporting Persons expressly disclaims beneficial ownership of the securities reported herein except to the extent of its or his pecuniary interest therein, if any.

Remarks:

Each Reporting Person may be deemed to be a director by deputization for purposes of Section 16 under the Securities Exchange Act of 1934 by virtue of the fact that Mr. Vikram Shankar, a Managing Director of DKCM, currently serves on the board of directors of the Issuer.

	Xylem Finance LLC, By: Davidson Kempner Capital Management LP, its Investment Manager, By: /s/ Anthony A. Yoseloff, its Executive Managing Member	03/24/2026
	Davidson Kempner Capital Management LP, By: /s/ Anthony A. Yoseloff, its Executive Managing Member	03/24/2026
	/s/ Anthony A. Yoseloff	03/24/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Angel Oak Mortgage REIT (AOMR) report on this Form 4?

Angel Oak Mortgage REIT reported an open-market sale of common stock. Xylem Finance LLC sold 481,537 shares at $7.87 per share, according to the Form 4, reducing but not eliminating its indirect position in the company.

Who executed the Angel Oak Mortgage REIT (AOMR) share sale reported in this Form 4?

The sale was executed by Xylem Finance LLC, which directly holds the shares. Davidson Kempner Capital Management LP acts as investment manager to Xylem, with Anthony A. Yoseloff overseeing voting and investment decisions related to these securities.

How many Angel Oak Mortgage REIT (AOMR) shares were sold and at what price?

The filing shows a sale of 481,537 shares of Angel Oak Mortgage REIT common stock. These shares were sold in the open market at a price of $7.87 per share, as disclosed in the Form 4 transaction details.

How many Angel Oak Mortgage REIT (AOMR) shares does the reporting holder own after this sale?

After the reported sale, Xylem Finance LLC holds 3,652,673 shares of Angel Oak Mortgage REIT common stock indirectly. This indicates the transaction reduced its position but left a sizable remaining stake in the company.

Does Davidson Kempner claim beneficial ownership of the Angel Oak Mortgage REIT (AOMR) shares?

The reporting persons, including Davidson Kempner and related individuals, expressly disclaim beneficial ownership of the reported securities, except to the extent of any pecuniary interest. This is standard language clarifying their legal status under Section 16 rules.

What role does Anthony A. Yoseloff have in the Angel Oak Mortgage REIT (AOMR) holdings?

The footnotes state that Anthony A. Yoseloff, through Davidson Kempner Capital Management LP, is responsible for voting and investment decisions for the Angel Oak Mortgage REIT securities held by Xylem Finance LLC and reported in this Form 4.