Key facts
- This page summarizes Robert J. Maines's Form 4 filing for FEDERAL AGRICULTURAL MORTGAGE CORP (AGM).
- 3 reported transactions and 1 derivative row are listed below.
- Accepted by SEC: 10 Mar 2025, 16:36.
Robert J. Maines - 06 Mar 2025 Form 4 Insider Report for FEDERAL AGRICULTURAL MORTGAGE CORP (AGM)
- Reporting relationship
- SVP - Operations
- Issuer ticker
- AGM
- Reported as of
- 06 Mar 2025
- Net transaction value
- $0
- SEC form
- 4
- Accepted by SEC
- 10 Mar 2025, 16:36:35 UTC
- Prior SEC filing
- 02 Apr 2024
- Next SEC filing
- 02 Apr 2025
- Source filing
- View source filing
- Reporting owner signature
- Stephen P. Mullery, as attorney-in-fact for Robert J. Maines
Source evidence
Original filing metadata and source links for verification.
5 source fields
Reporting owner
1 detail
Key filing fact
Robert J. Maines filed Form 4 for FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) on 10 Mar 2025.
Change
- Previous filing in this sequence was filed on 02 Apr 2024.
- Current net transaction value: $0.
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.
AGM
transaction
Class C Non-Voting Common Stock
Award
- Transaction value
- $0
- Shares
- +438
- Change %
- +15%
- Price
- $0.000000
- Shares after
- 3,307
- Date
- 06 Mar 2025
- Ownership
- Direct
- Footnotes
- F1, F2
AGM
transaction
Class C Non-Voting Common Stock
Award
- Transaction value
- $0
- Shares
- +219
- Change %
- +6.6%
- Price
- $0.000000
- Shares after
- 3,526
- Date
- 06 Mar 2025
- Ownership
- Direct
- Footnotes
- F2, F3, F4
Reported derivative securities
Options, warrants, convertible securities, or similar derivative positions disclosed in the filing.
AGM
transaction
Derivative
Stock Appreciation Right
Award
- Transaction value
- $0
- Shares
- +729
- Change %
- Price
- $0.000000
- Shares after
- 729
- Date
- 06 Mar 2025
- Ownership
- Direct
- Underlying class
- Class C Non-Voting Common Stock
- Underlying amount
- 729
- Exercise price
- $202.01
- Footnotes
- F5, F6
* marks a reported price that did not pass the local price check.
Additional SEC filing notes
Filing notes and footnotes
Explanation of responses 6 footnotes
Footnote F1
Grant of time-vested restricted stock units ("RSUs") under the Amended and Restated 2008 Omnibus Incentive Plan ("Plan") of the Federal Agricultural Mortgage Corporation ("Farmer Mac") for no consideration. Each RSU represents the contingent right to receive, upon vesting, one share of Farmer Mac's Class C Non-Voting Common Stock. Includes three equal installments of 146 RSUs, each of which will vest on March 31, 2026, March 31, 2027, and March 31, 2028, respectively, if the Reporting Person remains an employee of Farmer Mac on those dates.
Footnote F2
In addition to the RSUs reported in this filing, includes 1,646 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.
Footnote F3
This is the target number of performance-based RSUs granted under the Plan for no consideration. Those RSUs will vest on March 31, 2028 if Farmer Mac meets performance objectives related to cumulative core earnings before credit during the performance period of January 1, 2025 to December 31, 2027, subject to "gatekeepers" related to compliance with regulatory capital requirements and specified asset quality metrics, as specified in the related award agreement.
Footnote F4
Any adjustments to the target award will be reported at the time of the actual determination of performance as compared to the applicable threshold. In no event, however, will the number of shares actually awarded upon vesting exceed 200% of the number of RSUs in the target award.
Footnote F5
Exercisable beginning March 31, 2026 with respect to 243 shares, beginning March 31, 2027 with respect to 243 shares, and beginning March 31, 2028 with respect to 243 shares.
Footnote F6
Grant of stock appreciation rights under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan for no consideration.