Finkelstein David L sold NLY

August 16, 2024 · Form 4 insider transaction

Finkelstein David L sold 50,000 shares of Annaly Capital Management, Inc. at $20.05 per share, a transaction worth $1.00M. The trade was recorded as open-market sale under a pre-scheduled Rule 10b5-1 plan and disclosed on an SEC Form 4, filed 3 days after the transaction.

Direction
Disposed (sell-side)
Shares
50,000
Price
$20.05
Total value
$1.00M
Role
SecurityCommon Stock
Transaction codeS: Open-market sale
Transaction dateAugust 16, 2024
Filing dateAugust 19, 2024
Shares owned after612,469
OwnershipDirect
10b5-1 planYes
AmendedNo

Footnotes

The sale of shares of common stock reported in this Form 4 was effected pursuant to a Rule 10b5-1 plan adopted May 16, 2024 for tax and estate planning purposes.; The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $19.90 to $20.14, inclusive. The reporting person undertakes to provide the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote.

View the original Form 4 on SEC EDGAR