FEDERAL AGRICULTURAL MORTGAGE CORP·4

Jul 2, 4:19 PM ET

Gales Amy H 4

Research Summary

AI-generated summary

Updated

AGM Director Amy H. Gales Receives 101-Share Award

What Happened

Amy H. Gales, a director of Federal Agricultural Mortgage Corp. (AGM), received/acquired 101 shares of Farmer Mac Class C Non‑Voting Common Stock on 2026-06-30. The shares were issued at a per-share market value of $199.27, for a total value of $20,126. This was an acquisition through a director compensation election (receipt of stock instead of cash), not an open-market buy.

Key Details

  • Transaction date: 2026-06-30; Filing date: 2026-07-02 (Form 4 accession 0001811540-26-000006). Filing appears timely.
  • Transaction type/code: A — Grant/award or other acquisition (shares issued under director election).
  • Price per share: $199.27; Shares acquired: 101; Total value: $20,126.
  • Shares owned after transaction: Not specified in the provided filing details.
  • Footnote F1: Shares issued pursuant to the director’s pre-existing election to receive newly issued shares in lieu of some/all of the quarterly cash retainer; market value = NYSE close on 6/30/2026.
  • Footnote F2: Reporting person also holds 471 unvested restricted stock units that will vest on 3/31/2027 if she remains a director.

Context

This transaction reflects routine director compensation elected to be paid in stock rather than cash — a common way for directors to increase company ownership and align interests with shareholders. It does not indicate an open-market purchase or sale and should be viewed as compensation-related rather than a direct market sentiment signal.