Every Form 4 that ARMOUR Residential REIT, Inc. (ARR) has filed with the SEC in the last 12 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A Form 4 covers the transactions officers, directors and large holders report, so if you follow ARR and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full ARR filings page.
Armour Residential REIT, Inc. director reported receiving stock as part of regular board compensation. On January 2, 2026, the reporting person acquired 932 shares of common stock at a price of $17.69 per share, increasing the director’s beneficial ownership to 25,414 shares held directly.
This grant reflects the director’s election to receive a portion of quarterly board fees in stock rather than cash. The filing explains that the director may elect to receive $16,500 of total quarterly compensation, or $66,000 on an annual basis, in common stock, cash, or a mix of both, and that the 932 shares represent the stock portion chosen for the most recent quarter.
Armour Residential REIT director Stewart J. Paperin reported receiving shares of the company’s common stock as part of his regular board compensation. On January 2, 2026, he received 932 shares of Armour common stock at a price of $17.69 per share, recorded as an acquisition.
The filing explains that each director may elect to receive $16,500 of quarterly compensation (or $66,000 annually) in common stock, cash, or a mix of both. The 932 shares reflect Paperin’s election to take this quarter’s portion in stock. After this transaction, he beneficially owns 7,318 shares indirectly through the Stewart J. Paperin Family Trust, over which he has investment control and a pecuniary interest.
Armour Residential REIT, Inc. reported that one of its directors received a grant of 12,857 units of phantom stock on December 16, 2025 under its Third Amended and Restated 2009 Stock Incentive Plan. Each unit is economically equivalent to one share of common stock and, once vested, will be settled in an equal number of common shares within 30 days.
The award vests over a five-year, time-based schedule: 643 phantom shares vest beginning on February 20, 2026, with an additional 643 (or 642, due to rounding) vesting on each following May 20, August 20, November 20, and February 20 through November 20, 2030. Unvested phantom stock fully and automatically vests upon the director’s death, disability, or a change in control, and is generally forfeited upon termination of service, with special retirement treatment when age plus years of service is at least 70. The director will receive cash dividend equivalents on each phantom share, or may elect additional common shares instead, and will hold 16,057 phantom stock units directly after this grant.
Armour Residential REIT reported that its chairman and director received a grant of 12,857 phantom stock units on December 16, 2025 under the company's stock incentive plan. These derivative awards are economically equivalent to common shares and were recorded at a price of $0 per unit.
The phantom shares vest over a five-year period, with about 643 units vesting on each quarterly date from February 20, 2026 through November 20, 2030, after which all 12,857 units will have vested and be settled in an equal number of common shares within 30 days. The units receive dividend equivalents in cash or stock at the holder's election and fully vest on death, disability, or a change in control, while generally being forfeited upon service termination. Following this grant, the reporting person beneficially owned 19,007 phantom stock units directly.
Armour Residential REIT, Inc. reported that a director received a grant of 12,857 units of phantom stock on December 16, 2025 under its Third Amended and Restated 2009 Stock Incentive Plan.
The phantom shares vest over a five-year period, with 643 units vesting beginning on February 20, 2026 and additional installments of 643 (or 642, due to rounding) on each May 20, August 20, November 20 and February 20 through November 20, 2030, after which all 12,857 units will be fully vested. Each unit is the economic equivalent of one share of common stock, and upon vesting the director is entitled to receive an equal number of common shares within 30 days. The award includes dividend-equivalent rights in cash or stock, optional share withholding for taxes, accelerated vesting upon death, disability or a change in control, and forfeiture of unvested units upon most terminations, with special treatment for retirement or resignation when age plus years of service is at least 70.
Armour Residential REIT, Inc. reported that one of its directors received a grant of 12,857 units of phantom stock on December 16, 2025 under the company’s Third Amended and Restated 2009 Stock Incentive Plan. These units vest over roughly five years, with installments beginning on February 20, 2026 and continuing on specified quarterly dates through November 20, 2030, after which all units are scheduled to be vested.
Each phantom stock unit is the economic equivalent of one share of Armour common stock, and upon vesting the director is entitled to receive an equal number of common shares within 30 days. Unvested units fully vest upon death, disability, or a change in control, but are otherwise forfeited if service ends, subject to special retirement conditions. The director receives dividend-equivalent payments in cash or shares and held 19,007 phantom stock units after this grant.
Armour Residential REIT, Inc. reported that a director received an award of 12,857 phantom stock units under its stock incentive plan. Each unit is economically equivalent to one share of common stock and converts into one share within 30 days after vesting.
The phantom shares vest over a five-year period: 643 phantom shares vest beginning on February 20, 2026, with an additional 643 (or 642, due to rounding) vesting on each following May 20, August 20, November 20, and February 20 through November 20, 2030. Unvested units fully and automatically vest upon death, disability, or a change in control, but are forfeited if service ends, except certain resignation or retirement situations where age plus years of service is at least 70. The director also receives cash dividend equivalents on each phantom share, or may elect to receive additional shares instead of cash.
Armour Residential REIT reported that director John P. Hollihan received a grant of 12,857 units of phantom stock under its Third Amended and Restated 2009 Stock Incentive Plan. These units vest over a five-year period beginning on February 20, 2026, with 643 units vesting on that date and on each following May 20, August 20, November 20 and February 20 through November 20, 2030, and each vested unit will be settled in one share of common stock within 30 days.
The phantom stock fully and automatically vests upon the director’s death, disability or a change in control, while unvested units are generally forfeited if service ends, subject to specified retirement conditions based on age and years of service. The director receives dividend equivalents in cash or additional shares and may use share withholding to cover taxes. After this grant, the director beneficially owns 16,057 phantom stock units, each economically equivalent to one share of Armour common stock.
Armour Residential REIT, Inc. granted director Stewart J. Paperin 12,857 units of phantom stock on December 16, 2025 under its Third Amended and Restated 2009 Stock Incentive Plan. Each phantom stock unit is economically equivalent to one share of ARMOUR common stock.
The phantom shares vest over five years: 643 units vest beginning on February 20, 2026, with 643 (or 642, due to rounding) vesting on each following May 20, August 20, November 20, and February 20 through November 20, 2030. Upon each vesting, Paperin will receive an equal number of ARMOUR common shares within 30 days. Unvested phantom stock fully and automatically vests upon death, disability, or a change in control, but is forfeited on termination of service unless retirement conditions based on age plus years of service being at least 70 are met. He is entitled to cash payments equal to ordinary cash dividends on ARMOUR common stock for each phantom share, and may instead elect to receive common shares based on the dividend amount divided by fair market value on the dividend date. After this grant, he directly beneficially owns 16,057 phantom stock units.
ARMOUR Residential REIT, Inc. (ARR) CFO Gordon Harper reported a personal equity transaction involving phantom stock and common shares. On November 21, 2025, he exercised 4,000 units of phantom stock, which are each economically equivalent to one share of ARMOUR common stock. He elected to convert 2,674 units into 2,674 shares of common stock and convert the remaining 1,326 units into cash to cover income taxes on the vested stock. After these transactions, he beneficially owned 24,126 shares of common stock directly and 62,600 units of phantom stock, reflecting ongoing long-term equity compensation arrangements.
Armour Residential REIT, Inc. (ARR) insider Desmond Macauley, Co-Chief Investment Officer, reported a compensation-related transaction involving phantom stock. On November 21, 2025, he converted 1,500 units of vested phantom stock into the economic equivalent of common stock. He elected to receive 1,107 shares of ARMOUR common stock and convert the remaining 393 shares into cash solely to pay income taxes on the vested stock. Following these transactions, he directly owned 4,341 shares of common stock and 25,500 phantom stock units, each unit being the economic equivalent of one share of common stock.
Armour Residential REIT, Inc. (ARR) director Form 4 filing reports a routine equity compensation event. On November 21, 2025, the reporting person converted 540 vested phantom stock units tied to ARR common stock. They elected to receive 270 units as 270 shares of ARR common stock and convert the remaining 270 units into cash solely to pay income taxes on the vested stock.
After these transactions, the reporting person beneficially owns 7,843 shares of ARR common stock, including 6,563 shares owned jointly with their spouse, and 3,200 phantom stock units. Each unit of phantom stock is the economic equivalent of one share of ARR common stock. The filer serves as a director of Armour Residential REIT, Inc. and filed individually.
Armour Residential REIT, Inc. director reports phantom stock conversions
A director of Armour Residential REIT, Inc. (ARR) reported two transactions on November 21, 2025 involving the conversion of vested phantom stock into common shares. The director converted 540 units of phantom stock into 540 shares of common stock and separately converted 500 units of phantom stock into 500 shares, both at a price of $0 per share, reflecting that these are equity awards rather than open‑market purchases.
After these transactions, the director beneficially owned 24,878 shares of common stock directly. The filing also shows remaining phantom stock holdings of 6,650 units and 6,150 units after the respective conversions, each unit being the economic equivalent of one share of Armour common stock. These awards were originally granted to vest over multiyear periods.
Armour Residential REIT, Inc. (ARR) director John P. Hollihan reported a routine equity compensation transaction. On 11/21/2025, he exercised 540 units of phantom stock, which are each economically equivalent to one share of ARR common stock. He converted 324 vested phantom units into 324 shares of common stock and converted the remaining 216 vested units into cash solely to cover income taxes on the vested stock. After these transactions, he beneficially owned 13,457 shares of ARR common stock directly and 3,200 units of phantom stock.
Armour Residential REIT, Inc. (ARR) director reported routine equity compensation activity involving phantom stock. On November 21, 2025, the reporting person exercised 540 units of phantom stock, which are each the economic equivalent of one share of Armour common stock. Of these, 270 units were converted into 270 shares of common stock, while the remaining 270 units were converted into cash solely to cover income taxes related to the vested stock.
Following these transactions, the reporting person beneficially owned 24,482 shares of Armour common stock directly, and continued to hold 3,200 units of phantom stock. The phantom stock units relate to prior equity awards that vest over five-year periods and had been previously disclosed in earlier filings.
ARMOUR Residential REIT, Inc. (ARR) reported an insider equity transaction by its Co-Chief Investment Officer. On 11/21/2025, the officer converted 1,500 units of vested phantom stock into equity and cash. A total of 1,215 phantom stock units were converted into 1,215 shares of common stock, while 285 units were settled in cash solely to pay income taxes on the vested stock.
Following these transactions, the officer directly owned 3,720.539 shares of ARMOUR common stock and 25,500 units of phantom stock. Of the directly owned shares, 60.539 are held in a self-directed rollover IRA account, including 7.695 shares acquired through dividend reinvestment.
Armour Residential REIT, Inc. (ARR) director Stewart J. Paperin reported an insider equity transaction. On November 21, 2025 he converted 540 shares of vested phantom stock into 540 shares of ARR common stock at a price of $0 per share. Each phantom stock unit is the economic equivalent of one share of ARR common stock.
Following this transaction, he held 3,200 shares of ARR common stock directly and 6,386 shares indirectly through the Stewart J. Paperin Family Trust, over which he has pecuniary interest and investment control. The filing indicates this conversion relates to phantom stock awards that vest over five-year periods previously reported in earlier Form 4 filings.
Armour Residential REIT, Inc. (ARR) director Z. Jamie Behar reported an insider equity transaction. On 11/21/2025, the reporting person converted 540 vested phantom stock units into 540 shares of Armour common stock at a price of $0 for the derivative security itself. After the transaction, the director beneficially owned 12,501 shares of common stock directly and 3,200 phantom stock units.
Each unit of phantom stock is the economic equivalent of one share of Armour common stock, and the phantom stock units relate to awards vesting over five-year periods that were previously disclosed in earlier filings.
Armour Residential REIT (ARR) CEO and director Scott J. Ulm reported equity-based compensation activity. On November 21, 2025, he exercised 3,380 units of phantom stock into an equivalent number of common shares at an exercise price of $0 per share. Phantom stock is structured so that each unit is economically equivalent to one share of common stock.
Of these vested phantom units, he chose to receive 2,028 shares of ARR common stock and to convert the remaining 1,352 shares into cash solely to cover income taxes, reflected as a disposition at $16.31 per share. After these transactions, he directly owned 72,802 shares of common stock and 40,250 phantom stock units, indicating continued alignment with shareholders through meaningful equity exposure.
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.
Carolyn Downey, a director of Armour Residential REIT, Inc. (ARR), received 1,104 shares of Armour common stock on October 1, 2025 as part of her quarterly board compensation election. The shares were issued at a price of $14.94 per share and reflect the director's election to receive stock in lieu of cash for the quarter. After the issuance, Ms. Downey beneficially owns 24,212 shares. The filing notes directors may elect to receive up to $16,500 per quarter (or $66,000 annually) in stock, cash, or a combination; the 1,104 shares represent her stock election for this quarter.
Stewart J. Paperin, a director of Armour Residential REIT, Inc. (ARR), received 1,104 shares of Armour common stock on 10/01/2025 as quarterly director compensation. The shares were issued at an effective price of $14.94 per share reflecting the director's election to take stock rather than cash for the quarter. After the transaction the reporting person beneficially owns 5,846 shares, with 5,846 held indirectly through the Stewart J. Paperin Family Trust over which he has pecuniary interest and investment control. The filing discloses the director may elect up to $16,500 per quarter (or $66,000 annually) of compensation in stock, cash, or a mix.