Macauley Desmond sold ARR
November 21, 2025 · Form 4 insider transaction
Macauley Desmond sold 393 shares of ARMOUR Residential REIT, Inc. at $16.31 per share, a transaction worth $6.4K. The trade was recorded as shares withheld for taxes and disclosed on an SEC Form 4, filed 4 days after the transaction.
Footnotes
On November 21, 2025, the reporting person elected to convert 1,107 of the 1,500 shares of vested phantom stock into 1,107 shares of ARMOUR common stock. The reporting person elected to convert the remaining 393 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.