Ramsey Gregory 4
4 · FEDERAL AGRICULTURAL MORTGAGE CORP · Filed Apr 2, 2026
Research Summary
AI-generated summary of this filing
Federal Agricultural Mortgage (AGM) Principal Accounting Officer Sells 205 Shares
What Happened
Gregory Ramsey, Principal Accounting Officer at Federal Agricultural Mortgage Corp (AGM), had 205 shares disposed on March 31, 2026 to satisfy tax withholding related to the vesting of restricted stock units (RSUs). The shares were valued at $144.36 each for a total of $29,594. This disposition was a withholding-to-cover tax obligation (transaction code F), not an open-market sale initiated as a standalone investment decision.
Key Details
- Transaction date: March 31, 2026; Filing date: April 2, 2026 (filed timely).
- Shares disposed/withheld: 205 shares at $144.36 per share; proceeds/value: $29,594.
- Reason: Shares were retained by the company to satisfy tax withholding on vested RSUs:
- 182 RSUs vested (3rd installment of 2023 award); 83 shares withheld.
- 135 RSUs vested (2nd installment of 2024 award); 61 shares withheld.
- 134 RSUs vested (1st installment of 2025 award); 61 shares withheld.
- Price used to calculate shares withheld was the NYSE closing price on the last trading day before vesting (company policy).
- Includes 874 unvested RSUs previously granted under the company’s omnibus incentive plan (per footnote).
- Shares owned after the transaction: not reported in this filing.
Context
This was a standard tax-withholding transaction tied to RSU vesting (often called a “sell-to-cover” or company withholding) rather than a discretionary sale that signals insider sentiment. Transaction code F denotes payment of tax liability or exercise price via share withholding.
Insider Transaction Report
- Tax Payment
Class C Non-Voting Common Stock
[F1][F2][F3]2026-03-31$144.36/sh−205$29,594→ 3,351 total
Footnotes (3)
- [F1]On March 31, 2026, (i) 182 restricted stock units vested as the third installment of the time-based award granted in March 2023, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 83 shares to satisfy withholding requirements, (ii) 135 restricted stock units vested as the second installment of the time-based award granted in March 2024, for which Farmer Mac retained 61 shares to satisfy withholding requirements and, (iii) 134 restricted stock units vested as the first installment of the time-based award granted in March 2025, for which Farmer Mac retained 61 shares to satisfy withholding requirements.
- [F2]In accordance with a policy adopted by the Human Capital and Compensation Committee of Farmer Mac's Board of Directors, the price used for the calculation of the number of shares withheld by Farmer Mac in satisfaction of tax liability is the closing price of Farmer Mac's Class C Non-Voting Common Stock on the New York Stock Exchange on the last trading day before the vesting date.
- [F3]Includes 874 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock units have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission.