Sexton Robert G 4

What Happened Robert G. Sexton, a director of Federal Agricultural Mortgage Corp (Farmer Mac, ticker: AGM), was granted 471 restricted stock units (RSUs) of Class C non‑voting common stock on March 5, 2026. The award was granted for no consideration (471 shares at $0.00, total value $0) and is scheduled to vest on March 31, 2027, provided he remains a director on that date. This was an equity award (compensation), not an open‑market purchase or sale.

Key Details

• Transaction date: March 5, 2026; Form 4 filed March 9, 2026 (filing appears timely).
• Grant: 471 RSUs of Class C Non‑Voting Common Stock at $0.00 per share (total $0).
• Vesting: All 471 RSUs vest on March 31, 2027, conditional on continued service as a director.
• Additional holdings noted: filing footnote states it "includes 376 and 471 restricted shares" that will vest on March 31, 2026 and March 31, 2027, respectively, if he remains a director.
• Plan: Award made under Farmer Mac’s Amended and Restated 2008 Omnibus Incentive Plan.
• Transaction type: Code A (award/grant). Not a sale or purchase; common director compensation.

Context RSU grants to directors are routine compensation and do not necessarily signal the director is buying or selling based on view of the stock — they are awards that convert to shares only if vesting conditions (here, continued service) are met. There is no cash exchanged and no immediate change in market‑held shares until vesting occurs.