BELL MARC H 4
4 · Armour Residential REIT, Inc. · Filed May 22, 2025
Insider Transaction Report
Form 4
BELL MARC H
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2025-05-21+480→ 22,838 total - Exercise/Conversion
Phantom Stock
2025-05-21−480→ 8,190 total→ Common Stock (480 underlying) - Exercise/Conversion
Phantom Stock
2025-05-21−520→ 8,670 total→ Common Stock (520 underlying) - Exercise/Conversion
Common Stock, par value $0.001 per share
2025-05-21+520→ 22,358 total
Footnotes (3)
- [F1]On May 21, 2025. the reporting person elected to convert 520 of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on February 14, 2023 and 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.
- [F2]On May 21, 2025, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.
- [F3]Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.