Stewart J. Paperin - Jan 2, 2024 Form 4 Insider Report for Armour Residential REIT, Inc. (ARR)

Role
Director
Signature
/s/ Stewart J. Paperin
Stock symbol
ARR
Transactions as of
Jan 2, 2024
Transactions value $
$16,499
Form type
4
Date filed
1/3/2024, 04:43 PM
Previous filing
Nov 24, 2023
Next filing
Feb 26, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARR Common Stock, par value $0.001 per share Award $16.5K +854 +4.32% $19.32 20.6K Jan 2, 2024 See Footnote F1, F2
holding ARR Common Stock, par value $0.001 per share 208 Jan 2, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On January 2, 2024, the reporting person received 854 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 854 shares of stock represent the reporting person's election of stock compensation for the past quarter.
F2 Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust.