Larocca Prue 4
Research Summary
AI-generated summary
AGNC Director Larocca Prue Receives 17,045 RSU Award
What Happened
Larocca Prue, a director of AGNC Investment Corp. (AGNC), was granted 17,045 restricted stock units (RSUs) on April 16, 2026. The award was granted for no consideration (no per-share price or immediate cash value reported). The RSUs will convert into common shares subject to vesting on the earlier of April 16, 2027 or the next annual meeting of stockholders. The grant also reflects 3,674 dividend-equivalent RSUs credited since the reporting person’s last Form 4 filing.
Key Details
- Transaction date: 2026-04-16 (Form 4 filed 2026-04-17 — timely).
- Transaction type: Grant/Award (Code A).
- Quantity: 17,045 RSUs total; includes 3,674 dividend-equivalent RSUs (footnote F2).
- Price/consideration: N/A — awards received for no consideration (footnote F1).
- Vesting: Earlier of Apr 16, 2027 or next annual meeting (footnote F1).
- Plan: Granted under the Amended and Restated AGNC Investment Corp. 2016 Equity and Incentive Compensation Plan.
- Shares owned after transaction: Not specified in the provided filing.
Context
RSUs are a form of compensation that convert to actual shares only upon vesting, so this is not an immediate market purchase or sale. Dividend-equivalent RSUs increase the award size but do not change vesting timing. Such grants are common for executives and directors and are primarily compensation-related rather than a direct signal of insider sentiment; any tax withholding or share issuance will typically occur at vesting.