Reid Sean 4
Research Summary
AI-generated summary
AGNC EVP Sean Reid Withholds 53,370 Shares for Taxes
What Happened
- Sean Reid, Executive Vice President of AGNC Investment Corp. (AGNC), had 53,370 shares disposed of on 2026-02-17 to satisfy tax withholding related to vested restricted stock units (RSUs). The withholding was reported at $11.30 per share, for a total value of $603,081. This is a withholding disposition (code F), not an open-market sale initiated for investment purposes.
Key Details
- Transaction date: 2026-02-17; Form 4 filed 2026-02-18 (appears timely).
- Price reported: $11.30 per share; Total value: $603,081.
- Transaction code: F — shares withheld to cover tax liability on RSU vesting.
- Footnote F1: Disposition represents shares withheld upon RSU vesting to cover required tax withholding.
- Footnote F2: Includes 2,905 dividend-equivalent RSUs received on previously granted RSU awards since the reporting person’s last Form 4.
- Shares owned after the transaction: not provided in the summary data (see full Form 4 for current holdings).
Context
- Withholding shares to satisfy taxes on vested RSUs is a routine administrative action and does not necessarily indicate a change in the insider’s view of the company. For retail investors, purchases are typically more informative about insider sentiment than tax-related withholdings.