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FEDERAL AGRICULTURAL MORTGAGE CORP·4

Apr 2, 5:31 PM ET

Ramsey Gregory 4

Research Summary

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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.