Pollack Kenneth L. 4
Research Summary
AI-generated summary
AGNC EVP Kenneth Pollack Sells 29,093 Shares (Tax Withholding)
What Happened
- Kenneth L. Pollack, EVP and General Counsel of AGNC Investment Corp. (AGNC), had 29,093 shares disposed on 2026-03-16 as shares were withheld to cover required tax withholdings tied to vested restricted stock units (RSUs). The withheld shares were valued at $10.33 each for a total of $300,531. This was a tax-withholding disposition (routine), not an open-market sale.
Key Details
- Transaction date and price: 2026-03-16 at $10.33 per share.
- Shares disposed/withheld: 29,093 shares; total value ~$300,531.
- Shares owned after transaction: not specified in the provided filing.
- Footnotes: F1 — disposition represents shares withheld upon RSU vesting to cover tax withholding; F2 — includes 4,094 dividend-equivalent RSUs received since the reporting person’s last Form 4.
- Filing timing: Form 4 was filed 2026-03-17 reporting the 2026-03-16 transaction (appears timely).
Context
- This was a routine “sell-to-cover” (tax withholding) related to RSU vesting, which is common when restricted awards vest and does not necessarily signal a change in insider sentiment. Dividend-equivalent RSUs added to the award balance are noted in the filing.