AG Mortgage (MITT) Director Transfers 4,000 Shares to IRA; Form 4 Filed
Rhea-AI Filing Summary
Form 4 from Matthew Jozoff, a director of AG Mortgage Investment Trust, Inc. (MITT). The filing reports transactions on 08/20/2025 in MITT common stock where the reporting person shows a disposition of 4,000 shares at $7.3301 and an acquisition of 4,000 shares at $7.35 on the same date. After the reported transactions, the filing shows the reporting person beneficially owns 79,355 shares (up from 75,355 before the purchase). The filer explains the transactions were effectuated to transfer shares from the reporting person’s brokerage account into the reporting person’s IRA account. The form is signed by an attorney-in-fact for Matthew Jozoff.
Positive
- Beneficial ownership increased by 4,000 shares to 79,355 shares, a clear, quantifiable change reported on Form 4
- Explanation provided that the transactions transferred shares into the reporting person’s IRA, clarifying the administrative nature of the trades
Negative
- None.
Insights
TL;DR: Director moved 4,000 shares into an IRA via same-day sell and buy, leaving total beneficial ownership increased by 4,000 shares.
The Form 4 discloses a same-day disposition and purchase of 4,000 MITT shares, executed at roughly the same price points ($7.3301 sale, $7.35 purchase). The filing includes a direct explanation that the trades transferred shares from a brokerage account into an IRA, which is an administrative, non-economic reclassification of holdings rather than a strategic change in exposure. The resulting beneficial ownership rises to 79,355 shares, a factual change that investors can track for insider holding trends but appears procedural.
TL;DR: Transaction appears routine and administrative; no indication of a material change in insider intent or control.
The disclosure shows the reporting person is a director and the form is individually filed. The explanatory note clarifies the purpose as a transfer to an IRA, which typically reflects estate or tax/account consolidation rather than a trading signal. The signature is by an attorney-in-fact, which is common when the filer delegates execution. From a governance perspective, the filing documents a modest increase in disclosed beneficial holdings but does not present material governance implications.