[Form 4] ARMOUR Residential REIT, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Daniel C. Staton, Chairman and a director of ARMOUR Residential REIT, Inc. (ARR), converted vested phantom stock into common shares on August 21, 2025. He elected to convert 520 vested units into 520 shares and 480 vested units into 480 shares, each unit being the economic equivalent of one ARMOUR common share. Following those conversions the filing reports beneficial ownership totals of 27,780 shares (indirect) and 28,260 shares (indirect) on the two non-derivative reporting lines, reflecting holdings through DM Staton Family Limited Partnership.
The filing also shows derivative holdings changes: the conversions reduced phantom stock balances and resulted in reported derivative beneficial ownership of 7,670 shares (direct) and 7,190 shares (direct) in Table II. Footnotes state the reporting person is a general and limited partner of DM Staton Family Limited Partnership and has a pecuniary interest in the partnership's shares. The Form 4 is signed by Mr. Staton on August 22, 2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Insider converted vested phantom units into common stock, modestly increasing reported common shares while retaining indirect family LP holdings.
The conversions on 08/21/2025 reflect routine settlement of vested phantom stock into common shares rather than open-market purchases or sales. The increase in non-derivative reported shares (lines showing 27,780 and 28,260 beneficially owned indirectly) arises from conversion elections and ownership through DM Staton Family Limited Partnership. The derivative table shows direct phantom-related positions of 7,670 and 7,190 shares post-conversion, indicating remaining outstanding phantom units. This filing is administrative in nature and has limited immediate market impact.
TL;DR: Reporting person exercised customary conversion rights under compensation plan; disclosure clarifies indirect family LP holdings and pecuniary interest.
The Form 4 transparently discloses that conversions relate to previously reported multi-year vesting phantom stock awards. The filing notes the reporting persons roles as Chairman and director and confirms indirect ownership via a family limited partnership with pecuniary interest, which is important for conflict-of-interest transparency. No evidence of atypical timing or related-party transfers is shown; this appears consistent with executive compensation settlement practices.