February 24, 2026 · Form 4 insider transaction
Macauley Desmond sold 482 shares of ARMOUR Residential REIT, Inc. at $17.89 per share, a transaction worth $8.6K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
On February 24, 2026, the reporting person elected to convert 1,018 of the 1,500 shares of vested phantom stock into 1,018 shares of ARMOUR common stock. The reporting person elected to convert the remaining 482 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,500 shares are part of, and relate to, phantom stock vesting over a five-year period, which was reported on a Form 4 report filed by the reporting person on April 30, 2025.