Davis Morris A. 4
Research Summary
AI-generated summary
AGNC Director Davis Morris Receives 17,045 RSUs
What Happened
- Davis Morris, a director of AGNC Investment Corp. (AGNC), received an award of 17,045 restricted stock units (RSUs) on April 16, 2026. The RSUs were granted for no consideration (price N/A). The underlying common shares will vest on the earlier of April 16, 2027 or the next annual meeting of stockholders.
Key Details
- Transaction date: 2026-04-16 (reported on Form 4 filed 2026-04-17).
- Award type: RSU grant (transaction code A). Shares/units: 17,045. Price: N/A (grant for no consideration).
- Vesting: Earlier of April 16, 2027 or the next annual meeting (per filing footnote).
- Shares owned after transaction: Not specified in the provided Form 4 details.
- Timeliness: Filing appears timely (reported the day after the grant).
Context
- RSUs are equity awards that convert into shares if and when they vest; this grant is compensation-related, not an open-market purchase or sale, and does not by itself signal a buy/sell market action.
- Director RSU grants are common as part of board compensation plans; the award becomes meaningful only if and when the RSUs vest and are delivered as shares.