Key facts
- This page summarizes Jeffrey J. Zimmer's Form 4 filing for Armour Residential REIT, Inc. (ARR).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 26 Feb 2024, 16:01.
Jeffrey J. Zimmer - 22 Feb 2024 Form 4 Insider Report for Armour Residential REIT, Inc. (ARR)
- Reporting relationship
- Co-CEO and President, Director
- Issuer ticker
- ARR
- Reported as of
- 22 Feb 2024
- Net transaction value
- -$32,938
- SEC form
- 4
- Accepted by SEC
- 26 Feb 2024, 16:01:17 UTC
- Prior SEC filing
- 24 Nov 2023
- Source filing
- View source filing
- Reporting owner signature
- /s/ Jeffrey J. Zimmer
Source evidence
Original filing metadata and source links for verification.
4 source fields
Reporting owner
1 detail
Key filing fact
Jeffrey J. Zimmer filed Form 4 for Armour Residential REIT, Inc. (ARR) on 26 Feb 2024.
Change
- Previous filing in this sequence was filed on 24 Nov 2023.
- Current net transaction value: -$32,938.
Research use
- This tells you what this filing adds before you inspect full transaction and derivative tables.
- You can trace every row back to the original SEC filing document.
Evidence
Filed on Form 4
View source filing
Ownership activity is grounded in SEC Form 4 disclosures.
Reported non-derivative transactions
Shares, units, or other non-derivative securities reported in this filing.
ARR
transaction
Common Stock
Options Exercise
- Transaction value
- $0
- Shares
- +4,380
- Change %
- +8.9%
- Price
- $0.000000
- Shares after
- 53,587
- Date
- 22 Feb 2024
- Ownership
- Direct
- Footnotes
- F1
ARR
transaction
Common Stock
Tax liability
- Transaction value
- $32,938
- Shares
- -1,752
- Change %
- -3.3%
- Price
- $18.80
- Shares after
- 51,835
- Date
- 22 Feb 2024
- Ownership
- Direct
- Footnotes
- F1
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
ARR
transaction
Derivative
Phantom Stock
Options Exercise
- Transaction value
- $0
- Shares
- -4,380
- Change %
- -6.1%
- Price
- $0.000000
- Shares after
- 66,910
- Date
- 22 Feb 2024
- Ownership
- Direct
- Underlying class
- Common Stock
- Underlying amount
- 4,380
- Exercise price
- Footnotes
- F1, F2
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 2 footnotes
Footnote F1
On February 22, 2024, the reporting person elected to convert 2,628 of the 4,380 shares of vested phantom stock into 2,628 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,752 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,380 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, 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 February16, 2023.
Footnote F2
Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.