Hamilton Thomas Edward 4
Research Summary
AI-generated summary
Annaly (NLY) Director Thomas Hamilton Receives 8,641 DSUs
What Happened
- Thomas Edward Hamilton, a director of Annaly Capital Management, received an award of 8,641 deferred stock units (DSUs) on 2026-06-10. The grant is recorded as a derivative acquisition at $0.00 per unit (total $0).
Key Details
- Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (within the standard two-business-day window).
- Security: Deferred Stock Units (DSUs) — derivative award, not an open-market purchase or sale.
- Price reported: $0.00 per unit; total value shown as $0 (non-cash award).
- Shares owned after transaction: Not specified in the filing.
- Footnotes:
- F1: DSUs convert one-for-one to common shares one year after grant unless the director elects to defer settlement until after termination of service. The reporting person elected deferred settlement for all DSUs reported.
- F2: The reported figure reflects the aggregate DSUs granted during the director’s tenure, net of any conversions.
Context
- DSUs are compensation awards that become common shares under plan rules (here, one-for-one after one year unless deferred). Because Hamilton elected deferred settlement, these units are expected to be settled after he leaves service rather than converted after one year.
- This is a routine equity award to a director (a non-cash compensation event) and does not by itself indicate a buy or sell signal.