ARMOUR REIT grants 50K phantom stock to executive
Losyev Sergey reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Losyev Sergey reported acquisition or exercise transactions in this Form 4 filing.
Armour Residential REIT’s Co-Chief Investment Officer, Sergey Losyev, received a compensation grant of 50,000 units of phantom stock. Each phantom unit is the economic equivalent of one share of Armour common stock and will settle in common shares as it vests.
The award vests on a time-based schedule: 2,500 phantom shares vest on each of August 20, November 20, February 20, and May 20 through May 20, 2031. Within 30 days after each vesting date, Losyev will receive an equal number of Armour common shares. Following this grant, he holds 72,500 phantom stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Phantom Stock | 50,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.
- F2. On June 16, 2026, the reporting person was granted an aggregate of 50,000 phantom shares under ARMOUR Residential REIT, Inc.'s ("ARMOUR") Fourth Amended and Restated 2009 Stock Incentive Plan (the "Plan") pursuant to the time-based vesting schedule described as follows: 2,500 phantom shares will vest on each of August 20, November 20, February 20, and May 20, through May 20, 2031, at which time all phantom stock shall have vested. Upon vesting, the reporting person will be entitled to an equal number of shares of ARMOUR common stock within 30 days.
Key Figures
Key Terms
Phantom Stock financial
Fourth Amended and Restated 2009 Stock Incentive Plan financial
time-based vesting schedule financial
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