Daniel Shaw L 4

What Happened Daniel L. Shaw, a director of Federal Agricultural Mortgage Corp (AGM), received a grant of 471 restricted stock units (RSUs) of Class C Non‑Voting Common Stock on March 5, 2026. The RSUs were granted for no cash consideration (reported price $0.00), so the reported acquisition value is $0. These RSUs will vest on March 31, 2027, provided Shaw remains a director on that date.

Key Details

• Transaction date: 2026-03-05; Form 4 filed: 2026-03-09 (filed within the two-business-day SEC window).
• Grant: 471 RSUs @ $0.00; total reported acquisition value $0 (transaction code A = Award/Grant).
• Vesting: These RSUs vest 3/31/2027 if the reporting person remains a director.
• Additional note (from filing): There are 358 restricted shares that will vest on 3/31/2026 and the 471 shown above that vest on 3/31/2027 if the director remains in office.
• Shares owned after transaction: total share ownership after the grant is not specified in the transaction lines of the filing excerpt.

Context This was a compensation award (RSUs), not an open‑market purchase or sale. Grants to directors are common as part of board compensation and do not by themselves indicate buying or selling sentiment. The RSUs convert to shares only upon vesting dates and may be subject to forfeiture if the director leaves before vesting.