JUNKINS LOWELL 4
4 · FEDERAL AGRICULTURAL MORTGAGE CORP · Filed Jul 2, 2026
Research Summary
AI-generated summary of this filing
Federal Agricultural Mortgage Corp (AGM) Director Lowell Junkins Receives Award
What Happened
Lowell Junkins, a director of Federal Agricultural Mortgage Corporation (Farmer Mac, ticker: AGM), acquired 7 shares of Farmer Mac Class C Non‑Voting Common Stock on 2026-06-30 at $199.27 per share, a total value of roughly $1,395. The shares were issued pursuant to his election to receive stock in lieu of a portion of his quarterly cash retainer (an acquisition/award transaction).
Key Details
- Transaction date: 2026-06-30; filing date: 2026-07-02 (filed within the normal Form 4 timeframe).
- Price and amount: 7 shares at $199.27 per share; total ≈ $1,395 (transaction code A — award/acquisition).
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnote F1: Shares were issued under the director’s election to purchase newly issued shares at the closing NYSE price on 6/30/2026.
- Footnote F2: Reporting person also has 471 unvested restricted stock units that will vest on 3/31/2027 if still a director.
Context
This was a routine director compensation-related issuance (stock in lieu of cash), not an open-market buy or sale. Such grants are common and reflect compensation choices rather than a direct market signal; the size here is small (≈$1.4K).
Insider Transaction Report
- Award
Class C Non-Voting Common Stock
[F1][F2]2026-06-30$199.27/sh+7$1,395→ 10,934.232 total
Footnotes (2)
- [F1]Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2026, the last business day of the quarter, as reported by the New York Stock Exchange.
- [F2]Includes 471 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2027, if the Reporting Person remains a director of Farmer Mac on that date.