[8-K] MFA Financial, Inc Reports Material Event

Rhea-AI Filing Summary

Six Flags Entertainment Corp. (NYSE: FUN) filed an 8-K announcing a planned CEO transition. Richard Zimmerman will step down as President & CEO by year-end 2025, though he will continue to serve until the Board appoints a successor and will remain a director thereafter. The company states the move is without cause and involves no disagreement on operations, policies or practices.

The Board’s Nominating & Corporate Governance Committee has begun a formal search and will engage an external executive-search firm. A press release (Ex. 99.1) was simultaneously issued; no financial results or guidance were disclosed. Aside from customary Rule FD language, the filing contains no additional operational or financial updates.

Key takeaways for investors:

• Leadership continuity is planned, but timing of a successor and strategic direction remain open.
• ZImmerman’s continued Board role suggests institutional knowledge retention.
• No indication of financial distress, M&A activity or strategy shift was provided.

Positive

• Planned and orderly succession process with external search firm reduces governance risk.
• Outgoing CEO remains on Board, ensuring continuity of institutional knowledge.

Negative

• Leadership uncertainty until a successor is named could pressure investor confidence.
• No strategic or financial guidance accompanied the announcement, leaving future direction unclear.

Insights

Corporate Governance Expert

TL;DR: Orderly CEO exit lowers succession risk; impact hinges on successor quality.

The Board has initiated a structured search with external advisers, signalling a well-governed transition. Because Zimmerman remains CEO until replacement and stays on the Board, institutional memory is preserved. The absence of cause or disagreement reduces litigation or reputational exposure. Succession planning processes reassure investors, but ultimate impact will depend on the calibre and strategic vision of the next leader—information not yet available.

Equity Analyst

TL;DR: Leadership uncertainty near-term; no financial data to gauge effect.

CEO departures typically introduce execution risk and can weigh on valuation multiples until clarity emerges. Although the transition appears amicable, Six Flags operates in a competitive, capital-intensive sector where strategy continuity is critical. Investors should monitor search timeline and any strategic commentary from candidates. With no financial updates, fundamental outlook remains unchanged, but sentiment could skew cautious pending further disclosures.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): August 6, 2025

MFA FINANCIAL, INC.

(Exact name of registrant as specified in its charter)

Maryland		1-13991		13-3974868
(State or other jurisdiction of incorporation or organization)		(Commission File Number)		(IRS Employer Identification No.)

	One Vanderbilt Avenue, 48th Floor
	New York, New York		10017
	(Address of principal executive offices)		(Zip Code)

Registrant's telephone number, including area code: (212) 207-6400

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below): 

¨	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
¨	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
¨	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
¨	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class:		Trading Symbols:		Name of each exchange on which registered:
Common Stock, par value $0.01 per share		MFA		New York Stock Exchange
7.50% Series B Cumulative Redeemable Preferred Stock, par value $0.01 per share		MFA/PB		New York Stock Exchange
6.50% Series C Fixed-to-Floating Rate Cumulative Redeemable Preferred Stock, par value $0.01 per share		MFA/PC		New York Stock Exchange
8.875% Senior Notes due 2029		MFAN		New York Stock Exchange
9.000% Senior Notes due 2029		MFAO		New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Item 2.02 Results of Operations and Financial Condition and

Item 7.01 Regulation FD Disclosure

MFA Financial, Inc. (“MFA”) issued a press release, dated August 6, 2025, announcing its financial results for the quarter ended June 30, 2025, which is attached hereto as Exhibit 99.1 and is incorporated herein by reference. In addition, in conjunction with the announcement of its financial results, MFA issued additional information relating to its 2025 second quarter financial results. Such additional information is attached to this report as Exhibit 99.2 and is incorporated herein by reference.

The information referenced in this Current Report on Form 8-K (including Exhibits 99.1 and 99.2) is being “furnished” and, as such, shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section. The information set forth in this Current Report on Form 8-K (including Exhibits 99.1 and 99.2) is and will not be incorporated by reference into any registration statement or other document filed by MFA pursuant to the Securities Act of 1933, as amended (the “Securities Act”), except as may be expressly set forth by specific reference in such filing.

As discussed therein, the press release contains forward-looking statements within the meaning of the Securities Act and the Exchange Act and, as such, may involve known and unknown risks, uncertainties and assumptions. These forward-looking statements relate to MFA’s current expectations and are subject to the limitations and qualifications set forth in the press release as well as in MFA’s other documents filed with the SEC, including, without limitation, that actual events and/or results may differ materially from those projected in such forward-looking statements.

Exhibit

99.1	Press Release, dated August 6, 2025, announcing MFA’s financial results for the quarter ended June 30, 2025.
99.2	Additional information relating to MFA’s financial results for the quarter ended June 30, 2025.
104	Cover Page Interactive Data File (formatted as Inline XBRL).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	MFA FINANCIAL, INC.
	(REGISTRANT)
	By:	/s/ Harold E. Schwartz
		Name: Harold E. Schwartz
		Title: Senior Vice President and General Counsel
Date: August 6, 2025

EXHIBIT INDEX

Exhibit No.	Description
99.1	Press Release, dated August 6, 2025, announcing MFA Financial Inc.’s financial results for the quarter ended June 30, 2025.
99.2	Additional information relating to MFA Financial, Inc.’s financial results for the quarter ended June 30, 2025.
104	Cover Page Interactive Data File (formatted as Inline XBRL).

FAQ

Why is Six Flags (FUN) changing its CEO?

The filing states Richard Zimmerman will step down "without cause" and with no disagreements; no specific reason beyond transition planning is provided.

When will the new Six Flags CEO be appointed?

The Board has begun a search, but no appointment date was given; Zimmerman will stay in the role until a successor is named or until year-end 2025.

Will Richard Zimmerman remain involved with Six Flags after stepping down?

Yes. He will continue serving on the Board of Directors following the leadership transition.

Did Six Flags release any financial results with this 8-K?

No. The filing only covers the CEO transition and includes no earnings, revenue, or guidance information.

How might the CEO change affect Six Flags investors?

CEO turnover can create short-term uncertainty; actual impact depends on the successor’s strategy and market reaction once announced.