Scott Ulm - Nov 21, 2025 Form 4 Insider Report for Armour Residential REIT, Inc. (ARR)

Signature
/s/ Scott J. Ulm
Stock symbol
ARR
Transactions as of
Nov 21, 2025
Transactions value $
-$22,051
Form type
4
Date filed
11/25/2025, 05:40 PM
Previous filing
Aug 22, 2025

Reporting Owners (1)

Name Relationship Address Signature Signature date CIK
ULM SCOTT CEO, Director 3001 OCEAN DRIVE, SUITE #201, VERO BEACH /s/ Scott J. Ulm 2025-11-24 0001469064

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 Options Exercise $0 +3.38K +4.78% $0.00 74.2K Nov 21, 2025 Direct F1
transaction ARR Common Stock, par value $0.001 per share Tax liability -$22.1K -1.35K -1.82% $16.31 72.8K Nov 21, 2025 Direct F1

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction ARR Phantom Stock Options Exercise $0 -3.38K -7.75% $0.00 40.3K Nov 21, 2025 Common Stock 3.38K Direct F1, F2
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 On November 21, 2025, the reporting person elected to convert 2,028 of the 3,380 shares of vested phantom stock into 2,028 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,352 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 3,380 shares are part of, and relate to 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 January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023.
F2 Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.