4//SEC Filing
ULM SCOTT 4
Accession 0001428205-25-000040
CIK 0001428205other
Filed
Feb 24, 7:00 PM ET
Accepted
Feb 25, 4:50 PM ET
Size
8.7 KB
Accession
0001428205-25-000040
Insider Transaction Report
Form 4
ULM SCOTT
Co-CEO and CIO
Transactions
- Exercise/Conversion
Phantom Stock
2025-02-21−3,380→ 50,390 total→ Common Stock (3,380 underlying) - Tax Payment
Common Stock, par value $0.001 per share
2025-02-21$18.94/sh−1,352$25,607→ 66,718 total - Exercise/Conversion
Common Stock, par value $0.001 per share
2025-02-21+3,380→ 68,070 total
Footnotes (2)
- [F1]On February 21, 2025, the reporting person elected to convert 2,028 of the 3,380 shares of vested phantom stock into 2,028 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,352 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,380 shares are part of, and relate to phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023.
- [F2]Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.
Documents
Issuer
Armour Residential REIT, Inc.
CIK 0001428205
Entity typeother
Related Parties
1- filerCIK 0001469064
Filing Metadata
- Form type
- 4
- Filed
- Feb 24, 7:00 PM ET
- Accepted
- Feb 25, 4:50 PM ET
- Size
- 8.7 KB