Finkelstein David L 4
4 · ANNALY CAPITAL MANAGEMENT INC · Filed Apr 30, 2026
Research Summary
AI-generated summary of this filing
Annaly (NLY) CEO David Finkelstein Sells 50,000 Shares
What Happened
David L. Finkelstein, CEO, Co‑CIO and a director of Annaly Capital Management, sold 50,000 shares of Annaly common stock on April 27, 2026 at a reported weighted average price of $22.88 per share, yielding proceeds of $1,144,000. This transaction is a sale (not a purchase).
Key Details
- Transaction date: April 27, 2026; Filing date: April 30, 2026.
- Shares sold: 50,000 at $22.88 (weighted average); total proceeds $1,144,000.
- Footnote: Sale was effected pursuant to a Rule 10b5‑1 trading plan adopted May 16, 2024 (for tax and estate planning).
- Footnote: The $22.88 figure is a weighted average; the highest purchase price in the range was $23.00 and the lowest was $22.78 (reporting person can provide a breakdown on request).
- Footnote: Dividend equivalent units (DEUs) issued on restricted unit awards are included in the reporting person’s common stock balance.
- Shares owned after the transaction: Not specified in the information provided in this summary.
Context
Because this sale was executed under a pre‑arranged Rule 10b5‑1 plan, it may reflect scheduled tax/estate planning rather than a change in the insider’s view of the company. Sales are common for liquidity or planning reasons; purchases by insiders are generally considered a stronger signal of confidence.
Insider Transaction Report
Form 4
Finkelstein David L
DirectorCEO and Co-CIO
Transactions
- Sale
Common Stock
[F1][F2][F3]2026-04-27$22.88/sh−50,000$1,144,000→ 783,763 total
Footnotes (3)
- [F1]The sale of shares of common stock reported in this Form 4 was effected pursuant to a Rule 10b5-1 plan adopted May 16, 2024 for tax and estate planning purposes.
- [F2]The price reported above reflects the weighted average purchase price, rounded to the nearest hundredth. The highest price at which the shares were purchased was $23.00 and the lowest price at which the shares were purchased was $22.78. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote in this Form 4.
- [F3]Dividend equivalent units ("DEUs") issued on restricted unit awards are included in the reporting person's common stock holding balance. Each DEU is the economic equivalent of one share of common stock of Annaly Capital Management, Inc. and payable in one share for each whole DEU.
Signature
/s/ Serena Wolfe, as Attorney-in-Fact for David L. Finkelstein|2026-04-30