Welcome to our dedicated page for DYNEX CAPITAL SEC filings (Ticker: DX), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Dynex Capital, Inc. filings document the regulatory record of an internally managed mortgage REIT, including operating results, capital markets activity, governance matters, and securities outstanding. Form 8-K filings furnish quarterly and annual financial results, book value, total economic return, dividends, liquidity, leverage, investment purchases, and portfolio financing disclosures tied to mortgage-backed securities and repurchase agreements.
The company’s filings also cover amendments to at-the-market common stock distribution agreements, prospectus supplements under shelf registration statements, share repurchase authorizations, and disclosures for common stock and Series C preferred stock. Proxy materials describe annual meeting voting matters, board oversight, executive compensation, shareholder proposals, and governance practices, while officer and director event filings record finance leadership and board composition changes.
DYNEX CAPITAL INC (DX) insider Byron L. Boston, Co-CEO and Chairman, reported a code F transaction on September 8, 2026, in which 15,667 shares of common stock were withheld at $12.89 per share to satisfy tax withholding obligations upon the vesting of restricted stock units. Following this tax-withholding disposition, he held 883,567 shares directly, which the disclosure states includes unvested restricted stock units, plus additional indirect holdings through family members. No Rule 10b5-1 trading plan is reported.
Dynex Capital, Inc. (DX) reported that Co-CEO and President Smriti Laxman Popenoe had 19,528 shares of common stock withheld on September 8, 2026 to satisfy tax withholding obligations upon vesting of restricted stock units. After this tax-withholding disposition, she directly holds 531,098 shares, including unvested restricted stock units, and indirectly holds additional shares through her spouse and son.
Dynex Capital, Inc. amended its equity distribution agreement to make 99,326,438 shares of common stock available for issuance in transactions deemed to be at-the-market offerings through a syndicate of sales agents.
Amendment No. 10, dated July 28, 2026, increases the program’s capacity by 80,000,000 shares to a total of 301,292,973 shares, with future sales to be conducted under the company’s Registration Statement on Form S-3 and a prospectus supplement dated July 28, 2026.
Dynex Capital, Inc. is launching an at-the-market offering of up to 99,326,438 shares of common stock under an amended Distribution Agreement with multiple sales agents. After a full take-down, common stock outstanding would be 347,493,355 shares.
Shares may be sold from time to time on the NYSE or otherwise at prevailing, related, or negotiated prices, with Dynex paying sales agents a commission of up to 2.0% of gross sales. The last reported NYSE sale price was $12.64 per share. Net proceeds will be used to acquire additional investments consistent with Dynex’s investment policy and for general corporate purposes, including potential repayment of maturing obligations, capital expenditures, and working capital, while maintaining REIT status through ownership and transfer restrictions on its stock.
Dynex Capital, Inc. reported strong Q2 2026 results, with net income to common shareholders of $178.1 million, or $0.80 per diluted share, compared with a loss of $16.3 million a year earlier. For the first six months of 2026, net income to common was $95.1 million, or $0.45 per share.
Total economic return for the quarter was $0.81 per common share, comprised of a $0.30 increase in book value per share and $0.51 of dividends. Common equity attributable to shareholders was $3.06 billion, and total shareholders’ equity was $3.18 billion on total assets of $26.4 billion.
The investment portfolio, including TBA positions, grew by $8.2 billion, or 42%, since December 31, 2025, driven by purchases of primarily 30‑year fixed‑rate Agency RMBS. Repurchase agreement borrowings increased to $22.6 billion at a 3.79% weighted average rate, and leverage including TBAs at implied cost decreased to 8.1 times equity. Net gains on hedges and investments produced a net gain of about $102 million on the portfolio, while operating expenses declined after one‑time costs in Q1. Dynex also issued 62.1 million common shares year‑to‑date through its ATM program, raising $833 million, and continued monthly common dividends totaling $0.51 in Q2 2026.
Dynex Capital, Inc. reported solid second quarter 2026 results, generating a total economic return of $0.81 per common share, or 6.4% of beginning book value. Book value per common share rose to $12.90 as of June 30, 2026, up from $12.60 as of March 31. Net income and comprehensive income to common shareholders were both $0.80 per share, while dividends declared were $0.51 per common share.
The company maintained strong liquidity of $1.6 billion in cash and unpledged securities, representing 51% of total equity, and reduced leverage including to‑be‑announced securities to 8.1 times shareholders’ equity from 8.6 times. The total investment portfolio increased 11% to $27.6 billion, driven by $2.8 billion of Agency MBS purchases. Agency RMBS, including TBAs, reached $26.1 billion and Agency CMBS $1.4 billion, with 99.99% of the portfolio in highly liquid Agency securities. Dynex raised $391 million of common equity, representing approximately 30 million shares, through its at‑the‑market program, and reported earnings available for distribution of $0.36 per common share, up from $0.31 in the prior quarter.
Neal Douglas E reported acquisition or exercise transactions in this Form 4 filing.
Dynex Capital, Inc. director Neal Douglas E received a grant of 10,372 shares of Common Stock on June 15, 2026. The award was made at a price of $0.00 per share as a grant or award, not an open-market purchase.
These shares represent restricted stock units granted under the Dynex Capital, Inc. 2025 Stock and Incentive Plan. The units will vest on the earlier of May 22, 2027, or the date of the 2027 Annual Shareholder Meeting. Following this grant, Douglas holds 10,372 shares directly.
Dynex Capital Inc. director Neal Douglas E filed a Form 3, which is an initial statement of beneficial ownership for company insiders. This filing does not list any transactions or derivative positions and serves mainly to put his insider status on record for future reporting.
Dynex Capital, Inc. appointed Douglas Neal as an independent director to its Board of Directors, effective June 15, 2026, and expanded the Board to seven members. Neal joined both the Audit Committee and Compensation Committee and will stand for shareholder election at the 2027 annual meeting.
He will receive the company’s standard non-employee director compensation on a pro-rated basis and is expected to enter into a customary indemnification agreement. Dynex later issued a press release describing his extensive investment banking, real estate, and public company board experience, emphasizing his familiarity with the mortgage REIT sector.
Gray Andrew I. reported acquisition or exercise transactions in this Form 4 filing.
Dynex Capital director Andrew I. Gray received an equity grant of 11,400 restricted stock units representing common stock, awarded under the Dynex Capital, Inc. 2025 Stock and Incentive Plan. The award was at no cash cost per unit and is part of his director compensation.
The units will vest on the earlier of May 22, 2027 or the date of the 2027 Annual Shareholder Meeting, tying his compensation to continued board service. Following this grant, Gray directly holds 33,131 shares or units linked to Dynex Capital common stock.