Kain Gary D 4
Research Summary
AI-generated summary
AGNC (AGNC) Exec Chair Gary Kain Withholds 58,512 Shares
What Happened
Gary D. Kain, Executive Chair and Director of AGNC Investment Corp. (AGNC), had 58,512 shares withheld on 2026-03-16 to satisfy tax withholding obligations tied to vested restricted stock units (RSUs). The shares were valued at $10.33 each, for a total disposition of about $604,429. This was a tax-withholding disposition (routine), not an open-market sale signaling a buy/sell decision.
Key Details
- Transaction date: 2026-03-16; filing date: 2026-03-17 (filed timely).
- Action: Shares withheld to cover required tax withholdings (transaction code F).
- Quantity withheld/disposed: 58,512 shares at $10.33 each; total ≈ $604,429.
- Shares owned after the transaction: not specified in the provided filing.
- Footnotes: F1 — shares were withheld upon vesting of RSUs to cover tax withholdings. F2 — the reported activity includes 4,757 dividend-equivalent RSUs received since the reporting person’s last Form 4.
Context
This was a routine tax-withholding disposition upon RSU vesting (a form of internal settlement/cashless-withholding), not an open-market sale or purchase. Such withholdings are common and generally do not indicate a change in the insider’s view of the company’s prospects.