Downey Carolyn 4
4 · Armour Residential REIT, Inc. · Filed Aug 22, 2025
Insider Transaction Report
Form 4
Downey Carolyn
Director
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2025-08-21+520→ 23,368 total - Exercise/Conversion
Phantom Stock
2025-08-21−520→ 3,740 total→ Common Stock (520 underlying) - Tax Payment
Common Stock, par value $0.001 per share
2025-08-21$14.80/sh−260$3,848→ 23,108 total
Footnotes (2)
- [F1]On August 21, 2025, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested 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 January 14, 2021, and February 14, 2023.
- [F2]Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.