Macauley Desmond 4
4 · Armour Residential REIT, Inc. · Filed Aug 22, 2025
Insider Transaction Report
Form 4
Macauley Desmond
Co-Chief Investment Officer
Transactions
- Exercise/Conversion
Common Stock, par value $0.001 per share
2025-08-21+1,500→ 3,610 total - Tax Payment
Common Stock, par value $0.001 per share
2025-08-21$14.81/sh−376$5,569→ 3,234 total - Exercise/Conversion
Phantom Stock
2025-08-21−1,500→ 27,000 total→ Common Stock (1,500 underlying)
Footnotes (2)
- [F1]On August 21, 2025, the reporting person elected to convert 1,124 of the 1,500 shares of vested phantom stock into 1,124 shares of ARMOUR common stock. The reporting person elected to convert the remaining 376 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,500 shares are part of, and relate to, phantom stock vesting over a five-year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.
- [F2]Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.