[Form 4] Armour Residential REIT, Inc. Insider Trading Activity
Rhea-AI Filing Summary
Armour Residential REIT, Inc. (ARR) reported an insider equity transaction by its Chairman of the Board and officer, Daniel C. Staton. On November 21, 2025, he elected to convert 540 vested phantom stock units into 540 shares of ARMOUR common stock and separately converted 500 vested phantom stock units into 500 common shares, both at a price of $0 per share.
Following these transactions, 28,800 common shares were held indirectly and 29,300 common shares were held indirectly, in each case through DM Staton Family Limited Partnership, where he is both a general and limited partner. The phantom stock units are economically equivalent to ARMOUR common stock and generally vest over five-year periods.
Positive
- None.
Negative
- None.
FAQ
What insider transaction did ARR disclose in this Form 4?
The company disclosed that Chairman and officer Daniel C. Staton converted vested phantom stock units into ARMOUR Residential REIT common shares on November 21, 2025.
How many phantom stock units did the ARR insider convert to common shares?
On November 21, 2025, the reporting person converted 540 vested phantom stock units into 540 common shares and 500 vested phantom stock units into 500 common shares.
At what price were the ARR common shares acquired in the conversion?
The common shares received upon conversion of the phantom stock units were acquired at a price of $0 per share, reflecting an equity compensation conversion rather than an open-market purchase.
How are the ARR shares owned after the transaction?
After the reported transactions, the common shares are held indirectly through DM Staton Family Limited Partnership, where the reporting person is a general and limited partner with a pecuniary interest.
What is phantom stock in the context of ARR's compensation?
Each unit of phantom stock is described as the economic equivalent of one share of ARMOUR Residential REIT common stock and generally vests over five-year periods.
What roles does the reporting person hold at Armour Residential REIT (ARR)?
The reporting person is identified as a Director and an Officer, specifically holding the title of Chairman of the Board at Armour Residential REIT, Inc.