Angel Oak Mortgage (AOMD) holder sells 481,537 shares at $7.87

Rhea-AI Filing Summary

Angel Oak Mortgage REIT, Inc. shareholder group led by Xylem Finance LLC, Davidson Kempner Capital Management LP and Anthony A. Yoseloff reports beneficial ownership of 3,652,673 common shares, representing 14.66% of the company.

On March 20, 2026, the group sold 481,537 shares in a block trade at $7.87 per share to an unaffiliated financial institution. The ownership percentage is based on 24,914,647 shares outstanding as of March 3, 2026, as disclosed in the issuer’s Form 10-K.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13D

Under the Securities Exchange Act of 1934

(Amendment No. 7)

Angel Oak Mortgage REIT, Inc.

(Name of Issuer)

Common Stock, par value $0.01 par value per share

(Title of Class of Securities)

03464Y108

(CUSIP Number)

Alison Horton, Esq.
Davidson Kempner Capital Management LP, 9 West 57th Street, 29th Floor
New York, NY, 10019
212-446-4053

Ele Klein & Adriana Schwartz
McDermott Will & Schulte LLP, 919 Third Avenue
New York, NY, 10022
212-756-2000

(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)

03/20/2026

(Date of Event Which Requires Filing of This Statement)

If the filing person has previously filed a statement on Schedule 13G to report the acquisition that is the subject of this Schedule 13D, and is filing this schedule because of §§ 240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box.

The information required on the remainder of this cover page shall not be deemed to be "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934 ("Act") or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes).

schemaVersion:

SCHEDULE 13D

CUSIP Number(s): 03464Y108

1

Name of reporting person

Xylem Finance LLC

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

WC

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,652,673.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,652,673.00

11

Aggregate amount beneficially owned by each reporting person

3,652,673.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

14.66 %

14

Type of Reporting Person (See Instructions)

OO

SCHEDULE 13D

CUSIP Number(s): 03464Y108

1

Name of reporting person

Davidson Kempner Capital Management LP

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,652,673.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,652,673.00

11

Aggregate amount beneficially owned by each reporting person

3,652,673.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

14.66 %

14

Type of Reporting Person (See Instructions)

PN

SCHEDULE 13D

CUSIP Number(s): 03464Y108

1

Name of reporting person

Anthony A. Yoseloff

2

Check the appropriate box if a member of a Group (See Instructions)

(a)
(b)

3

SEC use only

4

Source of funds (See Instructions)

AF

5

Check if disclosure of legal proceedings is required pursuant to Items 2(d) or 2(e)

6

Citizenship or place of organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

7	Sole Voting Power 0.00
8	Shared Voting Power 3,652,673.00
9	Sole Dispositive Power 0.00
10	Shared Dispositive Power 3,652,673.00

11

Aggregate amount beneficially owned by each reporting person

3,652,673.00

12

Check if the aggregate amount in Row (11) excludes certain shares (See Instructions)

13

Percent of class represented by amount in Row (11)

14.66 %

14

Type of Reporting Person (See Instructions)

IN

SCHEDULE 13D

Item 1.	Security and Issuer
(a)	Title of Class of Securities: Common Stock, par value $0.01 par value per share
(b)	Name of Issuer: Angel Oak Mortgage REIT, Inc.
(c)	Address of Issuer's Principal Executive Offices: 3344 PEACHTREE ROAD NE, SUITE 1725, ATLANTA, GEORGIA , 30326.
Item 1 Comment: This Amendment No. 7 ("Amendment No. 7") amends and supplements the statement on Schedule 13D filed with the Securities and Exchange Commission on July 1, 2021 (the "Original Schedule 13D", and the Original Schedule 13D as amended, the "Schedule 13D"). This Amendment No. 7 amends and restates Items 5(a)-(c) as set forth below. Capitalized terms used herein and not otherwise defined in this Amendment No. 7 have the meanings set forth in the Schedule 13D.
Item 5.	Interest in Securities of the Issuer
(a)	See rows (11) and (13) of the cover pages to this Schedule 13D for the aggregate number of shares of Common Stock and percentages of the shares of Common Stock beneficially owned by each of the Reporting Persons. The percentages used in this Schedule 13D are calculated based upon an aggregate of 24,914,647 shares of Common Stock outstanding as of March 3, 2026, as reported in the Issuer's Annual Report on Form 10-K for the fiscal year ended December 31, 2025, filed with the Securities and Exchange Commission on March 3, 2026.
(b)	See rows (7) through (10) of the cover pages to this Schedule 13D for the number of shares of Common Stock as to which each Reporting Person has the sole or shared power to vote or direct the vote and sole or shared power to dispose or to direct the disposition.
(c)	On March 20, 2026, the Reporting Persons sold 481,537 shares of Common Stock in a block trade with an unaffiliated financial institution counterparty at a price of $7.87 per share. Except as set forth in this Item 5(c), the Reporting Persons did not effect any transactions in the shares of Common Stock within the past sixty (60) days.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Xylem Finance LLC

Signature:	/s/ Anthony A. Yoseloff
Name/Title:	Anthony A. Yoseloff, Executive Managing Member of Davidson Kempner Capital Management LP, Investment Manager of Xylem
Date:	03/24/2026

Davidson Kempner Capital Management LP

Signature:	/s/ Anthony A. Yoseloff
Name/Title:	Anthony A. Yoseloff, Executive Managing Member
Date:	03/24/2026

Anthony A. Yoseloff

Signature:	/s/ Anthony A. Yoseloff
Name/Title:	Anthony A. Yoseloff, Individually
Date:	03/24/2026

FAQ

What stake in Angel Oak Mortgage REIT (AOMD) does the reporting group hold?

The reporting group holds 3,652,673 common shares of Angel Oak Mortgage REIT, equal to 14.66% of the company’s outstanding stock. This percentage is calculated using 24,914,647 shares outstanding as of March 3, 2026, from the issuer’s Form 10-K.

What transaction did the Angel Oak Mortgage REIT (AOMD) holder report on March 20, 2026?

On March 20, 2026, the reporting persons sold 481,537 Angel Oak Mortgage REIT common shares in a block trade. The sale was executed with an unaffiliated financial institution counterparty at a price of $7.87 per share, reducing their overall position.

Who are the main reporting persons in this Angel Oak Mortgage REIT (AOMD) Schedule 13D/A?

The main reporting persons are Xylem Finance LLC, Davidson Kempner Capital Management LP, and Anthony A. Yoseloff. Each is reported as beneficially owning the same 3,652,673 Angel Oak Mortgage REIT common shares with shared voting and shared dispositive power.

How is the 14.66% ownership in Angel Oak Mortgage REIT (AOMD) calculated?

The 14.66% ownership is based on beneficial holdings of 3,652,673 shares out of 24,914,647 Angel Oak Mortgage REIT common shares outstanding. The outstanding share count is referenced from the issuer’s Form 10-K for the year ended December 31, 2025, filed on March 3, 2026.

Did the Angel Oak Mortgage REIT (AOMD) reporting group make other recent trades?

Aside from the March 20, 2026 block sale, the reporting persons state they did not effect any other transactions in Angel Oak Mortgage REIT common stock during the prior 60 days. This indicates a single disclosed trade in the recent period covered.

What voting and dispositive powers does the Angel Oak Mortgage REIT (AOMD) holder report?

Each reporting person reports 0 shares with sole voting and dispositive power, and 3,652,673 shares with shared voting and shared dispositive power. This means decisions on voting and selling these Angel Oak Mortgage REIT shares are exercised jointly, not individually.