Carpenter Zachary sold AGM
March 31, 2026 · Form 4 insider transaction
Carpenter Zachary sold 1,323 shares of Federal Agricultural Mortgage Corporation at $144.36 per share, a transaction worth $191.0K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 2 days after the transaction.
Footnotes
On March 31, 2026, (i) 483 restricted stock units vested as the third installment of the time-based award granted in March 2023, for which the Federal Agricultural Mortgage Corporation ("Farmer Mac") retained 234 shares to satisfy withholding requirements, (ii) 1,450 performance-based restricted stock units vested that were granted in March 2023 (725 target units vesting at a 200% performance factor), for which Farmer Mac retained 701 shares to satisfy withholding requirements, (iii) 405 restricted stock units vested as the second installment of the time-based award granted in March 2024, for which Farmer Mac retained 196 shares to satisfy withholding requirements, and (iv) 396 restricted stock units vested as the first installment of the time-based award granted in March 2025, for which Farmer Mac retained 192 shares to satisfy withholding requirements.; In accordance with a policy adopted by the Human Capital and Compensation Committee of Farmer Mac's Board of Directors, the price used for the calculation of the number of shares withheld by Farmer Mac in satisfaction of tax liability is the closing price of Farmer Mac's Class C Non-Voting Common Stock on the New York Stock Exchange on the last trading day before the vesting date.; Includes 4,496 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. The grants of restricted stock units have been described in detail in Farmer Mac's prior filings with the Securities and Exchange Commission. The total amount of securities beneficially owned has been adjusted since the Reporting Person's last filing to reflect 725 more shares that vested on March 31, 2026, as a result of applying a 200% performance factor to 725 target restricted stock units granted in March 2023.