Stephen P. Mullery - 21 Aug 2025 Form 4 Insider Report for FEDERAL AGRICULTURAL MORTGAGE CORP (AGM)

Role: EVP - General Counsel
Signature: Stephen P. Mullery
Issuer symbol: AGM
Transactions as of: 21 Aug 2025
Net transactions value: $0
Form type: 4
Filing time: 25 Aug 2025, 17:46:31 UTC
Previous filing: 02 Apr 2025
SEC: View on sec.gov

Reporting Owners (1)

Name	Relationship	Address	Signature	Signature date	CIK
Mullery Stephen P	EVP - General Counsel	C/O FARMER MAC, 2100 PENNSYLVANIA AVE., NW, SUITE 450N, WASHINGTON	Stephen P. Mullery	25 Aug 2025	0001551864

Transactions Table

Type	Sym	Class	Transaction	Value $	Shares	Change %	* Price $	Shares After	Date	Ownership	Footnotes
transaction	AGM	Class C Non-Voting Common Stock	Award	$0	+1,137	+6.2%	$0.000000	19,442	21 Aug 2025	Direct	F1, F2

* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id	Content
F1	Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan ("Plan") of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration and in accordance with the Transition Agreement dated August 14, 2025 between Farmer Mac and the Reporting Person. All of the RSUs are scheduled to vest on May 2, 2026, subject to the terms of the related RSU award agreement, including continued employment through April 3, 2026 and the effectiveness of a Separation Agreement and General Release of All Claims.
F2	In addition to the RSUs reported in this filing, includes 3,072 unvested RSUs previously granted under the Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

Content

Grant of restricted stock units ("RSUs") of Class C Non-Voting Common Stock under the Amended and Restated 2008 Omnibus Incentive Plan ("Plan") of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration and in accordance with the Transition Agreement dated August 14, 2025 between Farmer Mac and the Reporting Person. All of the RSUs are scheduled to vest on May 2, 2026, subject to the terms of the related RSU award agreement, including continued employment through April 3, 2026 and the effectiveness of a Separation Agreement and General Release of All Claims.

In addition to the RSUs reported in this filing, includes 3,072 unvested RSUs previously granted under the Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.