Annaly director granted 8,641 deferred stock units
Annaly Capital Management director Kathy Hopinkah Hannan received a grant of 8,641 Deferred Stock Units (DSUs) on Common Stock-equivalent terms.
Rhea-AI Filing Summary
Annaly Capital Management director Kathy Hopinkah Hannan received a grant of 8,641 Deferred Stock Units (DSUs) on Common Stock-equivalent terms. The DSUs convert to Common Stock on a one-for-one basis one year after the grant date, unless settlement is deferred under the company’s 2020 Equity Incentive Plan.
The reporting person has elected to defer settlement of all DSUs until after a termination of service. Following this grant, she holds 44,348 DSUs and 9,535 shares of Common Stock directly, reflecting routine equity-based director compensation rather than an open-market share purchase or sale.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 8,641 shares
Grant/Award
2 txns
Insider
Hannan Kathy Hopinkah
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Deferred Stock Units | 8,641 | $0.00 | $0.00 |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Deferred Stock Units — 44,348 contracts (Direct);
Common Stock — 9,535 shares (Direct)
Footnotes (2)
- F1. The Deferred Stock Units ("DSUs") convert to shares of Common Stock on a one-for-one basis one year after the date of grant unless the director elects to defer the settlement of the DSUs until after a termination of service pursuant to the Annaly Capital Management, Inc. 2020 Equity Incentive Plan. The reporting person has elected such deferred settlement for all DSUs reported above.
- F2. Reflects the aggregate amount of DSUs granted during the tenure of the respective director net of any conversions.
Key Figures
DSU grant: 8,641 units
Total DSUs after grant: 44,348 units
Common Stock held: 9,535 shares
+1 more
4 metrics
DSU grant
8,641 units
Deferred Stock Units granted on Common Stock basis
Total DSUs after grant
44,348 units
Aggregate DSUs held after June 10, 2026
Common Stock held
9,535 shares
Direct Common Stock ownership after reported transactions
DSU conversion ratio
1:1 to Common Stock
Each DSU converts into one share of Common Stock
Key Terms
Deferred Stock Units, Annaly Capital Management, Inc. 2020 Equity Incentive Plan, termination of service, settlement of the DSUs
4 terms
Deferred Stock Units financial
"The Deferred Stock Units ("DSUs") convert to shares of Common Stock on a one-for-one basis"
Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.
Annaly Capital Management, Inc. 2020 Equity Incentive Plan financial
"pursuant to the Annaly Capital Management, Inc. 2020 Equity Incentive Plan"
termination of service financial
"until after a termination of service pursuant to the Annaly Capital Management, Inc. 2020 Equity Incentive Plan"
settlement of the DSUs financial
"the director elects to defer the settlement of the DSUs until after a termination of service"
FAQ
What did Annaly Capital Management (NLY) disclose about Kathy Hopinkah Hannan in this Form 4?
Annaly Capital Management reported that director Kathy Hopinkah Hannan received 8,641 Deferred Stock Units (DSUs). These DSUs are equity-based compensation tied to Common Stock and increase her deferred equity stake without involving an open-market share purchase or sale.
How many Deferred Stock Units does Kathy Hopinkah Hannan hold in Annaly Capital Management (NLY) after this filing?
After this grant, Kathy Hopinkah Hannan holds 44,348 Deferred Stock Units in Annaly Capital Management. This figure reflects the aggregate DSUs granted during her tenure as a director, net of any conversions previously made into shares of Common Stock.
How do the Deferred Stock Units for Annaly Capital Management (NLY) directors convert into Common Stock?
Each Deferred Stock Unit converts into one share of Annaly Capital Management Common Stock. Conversion typically occurs one year after the grant date, unless the director elects to defer settlement under the company’s 2020 Equity Incentive Plan rules governing DSU settlement timing.
What settlement election did Kathy Hopinkah Hannan make for her Annaly (NLY) Deferred Stock Units?
Kathy Hopinkah Hannan elected to defer settlement of all her Deferred Stock Units until after a termination of service. This means DSUs will not convert into Common Stock on the standard one-year schedule but will wait until her board service ends.
Is the Annaly Capital Management (NLY) Form 4 for Kathy Hopinkah Hannan a market purchase or sale?
The Form 4 shows an award of 8,641 Deferred Stock Units, not an open-market transaction. These DSUs are compensation granted at no cash price per unit and will convert into Common Stock according to the plan’s deferred settlement rules.
AI-generated analysis. How Rhea-AI works. Not financial advice.
