November 21, 2025 · Form 4 insider transaction
HOLLIHAN JOHN P III bought 540 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 November 21, 2025, the reporting person elected to convert 324 of the 520 shares of vested phantom stock into 324 shares of ARMOUR common stock. The reporting person elected to convert the remaining 216 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 540 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 14, 2021, and February 14, 2023.