February 22, 2024 · Form 4 insider transaction
BELL MARC H bought 700 shares of ARMOUR Residential REIT, Inc. at $0.00 per share, a transaction worth N/A. The trade was recorded as option exercise and disclosed on an SEC Form 4, filed 4 days after the transaction.
On February 22, 2024. the reporting person elected to convert 700 of the 700 shares of vested phantom stock into 700 shares of ARMOUR common stock. The 700 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021.