4//SEC Filing
Carpenter Zachary 4
Accession 0000845877-25-000132
CIK 0000845877other
Filed
Apr 1, 8:00 PM ET
Accepted
Apr 2, 4:21 PM ET
Size
6.7 KB
Accession
0000845877-25-000132
Insider Transaction Report
Form 4
Carpenter Zachary
EVP - Chief Business Officer
Transactions
- Tax Payment
Class C Non-Voting Common Stock
2025-03-31$188.58/sh−1,321$249,114→ 10,825 total
Footnotes (3)
- [F1]On March 31, 2025, (i) 461 restricted stock units vested as the third installment of the time-based award granted in March 2022, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 223 shares to satisfy withholding requirements, (ii) 1,382 performance-based restricted stock units vested that were granted in March 2022 (691 target units vesting at a 200% performance factor), for which Farmer Mac retained 668 shares to satisfy withholding requirements, (iii) 483 restricted stock units vested as the second installment of the time-based award granted in March 2023, for which Farmer Mac retained 234 shares to satisfy withholding requirements, and (iv) 405 restricted stock units vested as the first installment of the time-based award granted in March 2024, for which Farmer Mac retained 196 shares to satisfy withholding requirements.
- [F2]In accordance with a policy adopted by the Human Capital and Compensation Committee of Farmer Mac's Board of Directors, the price used for the calculation of the number of shares withheld by Farmer Mac in satisfaction of tax liability is the closing price of Farmer Mac's Class C Non-Voting Common Stock on the New York Stock Exchange on the last trading day before the vesting date.
- [F3]Includes 4,408 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock units have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission. The total amount of securities beneficially owned has been adjusted since the Reporting Person's last filing to reflect 691 more shares that vested on March 31, 2025 as a result of applying a 200% performance factor to 691 target restricted stock units granted in March 2022.
Documents
Issuer
FEDERAL AGRICULTURAL MORTGAGE CORP
CIK 0000845877
Entity typeother
Related Parties
1- filerCIK 0001776941
Filing Metadata
- Form type
- 4
- Filed
- Apr 1, 8:00 PM ET
- Accepted
- Apr 2, 4:21 PM ET
- Size
- 6.7 KB