Plagge Jeffrey L. 4
4 · FEDERAL AGRICULTURAL MORTGAGE CORP · Filed Mar 9, 2026
Research Summary
AI-generated summary of this filing
AGM Director Jeffrey Plagge Receives RSU Award
What Happened
Jeffrey L. Plagge, a director of Federal Agricultural Mortgage Corporation (AGM), was granted 471 restricted stock units (RSUs) of Class C Non‑Voting Common Stock on March 5, 2026. The grant is reported at $0.00 (no cash paid). Per the grant terms, these RSUs will vest on March 31, 2027 if Plagge remains a director on that date. This is a compensation award (code A), not a market purchase or sale.
Key Details
- Transaction date and terms: 471 RSUs granted on 2026-03-05, acquisition price $0.00.
- Vesting: These RSUs vest 2027-03-31 contingent on continued directorship (per F1).
- Holdings note: Footnote F2 indicates holdings include 376 RSUs that will vest 2026-03-31 and the 471 RSUs that will vest 2027-03-31.
- Plan: Award made under Farmer Mac’s Amended and Restated 2008 Omnibus Incentive Plan.
- Filing timeliness: Report filed 2026-03-09 for a 2026-03-05 transaction (within the two business‑day Form 4 filing deadline).
Context
RSU grants to directors are common compensation and vesting is typically conditioned on continued service; they do not represent an immediate cash purchase or sale of stock. Such awards are informative about compensation but should not be interpreted alone as a direct signal of insider market sentiment.
Insider Transaction Report
- Award
Class C Non-Voting Common Stock
[F1][F2]2026-03-05+471→ 1,290 total
Footnotes (2)
- [F1]Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. All of the RSUs will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.
- [F2]Includes 376 and 471 restricted shares of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2026, and March 31, 2027, respectively, if the Reporting Person remains a director of Farmer Mac on that date.