FEDERAL AGRICULTURAL MORTGAGE CORP 8-K

What Happened

• Federal Agricultural Mortgage Corporation (Farmer Mac) filed an 8-K reporting that its Board of Directors amended and restated the company by-laws on January 27, 2026 (the prior by-laws dated May 15, 2025). The amended by-laws authorize remote communication for shareholder and board meetings and add other governance clarifications. The full text of the updated by-laws is filed as Exhibit 3.1 to the report.

Key Details

• Date of action: Board amended and restated by-laws on January 27, 2026; 8-K filed February 2, 2026.
• Articles amended: III (Officers and Employees), IV (Meetings of Shareholders), V (Board of Directors), VII (Certificates for Shares), and IX (Contracts, Loans, Checks, Deposits and Statements).
• New authorizations include: Board-approved person may act as Treasurer; shareholder and board meetings may be held via remote communication; electronic notices and remote access to voting lists allowed; Inspector of Votes must affirm impartiality.
• Clarifications: language on uncertificated (book-entry) shares, loans/indebtedness, standing committee authority, and various technical/administrative updates.

Why It Matters

• These by-law changes modernize Farmer Mac’s corporate governance by permitting remote meetings and electronic communications, which can increase shareholder access and streamline board operations.
• The filing does not disclose any financial impact or changes to executive compensation; it is a governance update and primarily affects meeting, voting and administrative procedures.
• Investors should review the filed Exhibit 3.1 for the complete text if they want the exact legal language or to assess effects on shareholder voting and proxy processes.