Laguerre Martin 4

What Happened Laguerre Martin, a director of Annaly Capital Management, was granted 8,641 Deferred Stock Units (DSUs) on 2026-06-10. The award was reported as a derivative grant at $0.00 per unit (no cash exchanged). The DSUs convert to one share of common stock per unit under the plan rules, but the reporting person has elected to defer settlement until after termination of service.

Key Details

• Transaction date: 2026-06-10; Report filed: 2026-06-12 (timely).
• Instrument: 8,641 Deferred Stock Units (derivative award) at $0.00 per unit.
• Shares owned after transaction: not specified in the filing.
• Footnote F1: DSUs convert one-for-one to common shares one year after grant unless director elects to defer; the director elected deferred settlement for these DSUs.
• Footnote F2: Figure reflects aggregate DSUs granted during the director’s tenure, net of any conversions.
• Filing timeliness: filing appears timely (reported within two days).

Context DSUs are a common form of non-cash director compensation and represent a future right to shares rather than an immediate purchase or sale. Because the director elected deferred settlement, these units will not convert to shares in the near term and therefore do not reflect an immediate change in open-market ownership or liquidity.