Faivre-Davis Sara Louise 4

What Happened
Sara Faivre-Davis, a director of Federal Agricultural Mortgage Corp (Farmer Mac, ticker: AGM), received an award 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) and will vest on March 31, 2027, if she remains a director on that date. This is a compensation grant (award), not an open‑market purchase or sale.

Key Details

• Transaction type: Award/Grant (SEC code A) reported for 3/5/2026; filing accession 0000845877-26-000040 filed 3/9/2026.
• Amount: 471 RSUs; reported acquisition price $0.
• Vesting: All 471 RSUs vest on March 31, 2027, contingent on continued board service.
• Additional note (F2): Filing also references 376 restricted shares that will vest on March 31, 2026; the 471 are a separate grant vesting 3/31/2027.
• Shares owned after transaction: the filing does not state a total outright share count; it discloses the RSU vesting counts above.
• Timeliness: Filed within the standard 2 business‑day window; not marked late.

Context
RSU grants are a common form of director compensation and do not by themselves indicate buying or selling sentiment. These are Class C non‑voting shares and will only convert to actual shares if and when the RSUs vest according to the stated condition (continued service through the vesting date).