JUNKINS LOWELL 4

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).