August 21, 2025 · Form 4 insider transaction
Harper Gordon bought 4,000 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 1 day after the transaction.
On August 21, 2025, the reporting person elected to convert 2,699 of the 4,000 shares of vested phantom stock into 2,699 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,301 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,000 shares are part of, and relate to phantom stock vesting over a six year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021, 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 February 16, 2023, phantom stock vesting over a three year period which was reported on a Form 4 report filed by the reporting person on May 16, 2024 and 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.