Wede Scott 4

What Happened Wede Scott, a director of Annaly Capital Management, was granted 8,641 Deferred Stock Units (DSUs) on 2026-06-10. The grant is reported as a derivative award (price $0.00 at grant). This is an equity compensation award to a director rather than an open-market purchase or sale.

Key Details

• Transaction date: 2026-06-10; Form 4 filed 2026-06-12 (timely within reporting window).
• Grant: 8,641 DSUs at $0.00 (derivative award).
• Shares owned after transaction: Not disclosed in the filing.
• Footnote F1: DSUs convert one-for-one into common shares one year after grant unless the director elects deferred settlement; Mr. Scott elected to defer settlement until after termination of service.
• Footnote F2: The reported number reflects the aggregate DSUs granted during the director’s tenure net of any conversions.
• No indication of a 10b5-1 plan, sale, or tax-withholding event in this filing.

Context DSUs are a form of deferred equity compensation; they typically convert into common shares in the future (here, normally after one year) or upon a director’s departure if deferred. Because Mr. Scott elected deferred settlement, these units will not convert to shares immediately and thus do not result in immediate share issuance or sale. This type of filing documents routine director compensation rather than an investment decision.