Aparna Ramesh - 11 Jun 2025 Form 4 Insider Report for FEDERAL AGRICULTURAL MORTGAGE CORP (AGM)

Reporting relationship: EVP - Chief Financial Officer
Issuer ticker: AGM
Reported as of: 11 Jun 2025
Net transaction value: -$75,526
SEC form: 4
Accepted by SEC: 13 Jun 2025, 16:12:42 UTC
Prior SEC filing: 21 May 2025
Next SEC filing: 11 Jul 2025
Source filing: View source filing
Reporting owner signature: Jonathan Cohen, as attorney-in-fact for Aparna Ramesh

Key filing fact

Aparna Ramesh filed Form 4 for FEDERAL AGRICULTURAL MORTGAGE CORP (AGM) on 13 Jun 2025.

Key facts

This page summarizes Aparna Ramesh's Form 4 filing for FEDERAL AGRICULTURAL MORTGAGE CORP (AGM).
8 reported transactions and 2 derivative rows are listed below.
Accepted by SEC: 13 Jun 2025, 16:12.

Change

Previous filing in this sequence was filed on 21 May 2025.
Current net transaction value: -$75,526.

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

Ownership activity is grounded in SEC Form 4 disclosures.

View source filing

Reporting Owners (1)

CIK 0001799715 Primary reporting owner

Ramesh Aparna

Relationship: EVP - Chief Financial Officer
Address: C/O FARMER MAC, 2100 PENNSYLVANIA AVE., NW, SUITE 450N, WASHINGTON
Signature: Jonathan Cohen, as attorney-in-fact for Aparna Ramesh
Signature date: 13 Jun 2025

Reported non-derivative transactions

Shares, units, or other non-derivative securities reported in this filing.

AGM transaction

Class C Non-Voting Common Stock

Options Exercise

Transaction value: $105,453
Shares: +876
Change %: +8.4%
Price: $120.38
Shares after: 11,264
Date: 11 Jun 2025
Ownership: Direct
Footnotes: F1, F2, F3

AGM transaction

Class C Non-Voting Common Stock

Tax liability

Transaction value: $31,855
Shares: -163
Change %: -1.4%
Price: $195.43
Shares after: 11,101
Date: 11 Jun 2025
Ownership: Direct
Footnotes: F1, F2, F3

AGM transaction

Class C Non-Voting Common Stock

Disposed to Issuer

Transaction value: $105,532
Shares: -540
Change %: -4.9%
Price: $195.43
Shares after: 10,561
Date: 11 Jun 2025
Ownership: Direct
Footnotes: F1, F2, F3

AGM transaction

Class C Non-Voting Common Stock

Options Exercise

Transaction value: $202,259
Shares: +1,496
Change %: +14%
Price: $135.20
Shares after: 12,057
Date: 11 Jun 2025
Ownership: Direct
Footnotes: F2, F3, F4

AGM transaction

Class C Non-Voting Common Stock

Tax liability

Transaction value: $43,581
Shares: -223
Change %: -1.8%
Price: $195.43
Shares after: 11,834
Date: 11 Jun 2025
Ownership: Direct
Footnotes: F2, F3, F4

AGM transaction

Class C Non-Voting Common Stock

Disposed to Issuer

Transaction value: $202,270
Shares: -1,035
Change %: -8.7%
Price: $195.43
Shares after: 10,799
Date: 11 Jun 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

Options Exercise

Transaction value: $0
Shares: -876
Change %: -100%
Price: $0.000000
Shares after: 0
Date: 11 Jun 2025
Ownership: Direct
Underlying class: Class C Non-Voting Common Stock
Underlying amount: 876
Exercise price: $120.38
Footnotes: F1, F2

AGM transaction Derivative

Stock Appreciation Right

Options Exercise

Transaction value: $0
Shares: -1,496
Change %: -67%
Price: $0.000000
Shares after: 748
Date: 11 Jun 2025
Ownership: Direct
Underlying class: Class C Non-Voting Common Stock
Underlying amount: 1,496
Exercise price: $135.20
Footnotes: F2, F4, F5

^* marks a reported price that did not pass the local price check.

Additional SEC filing notes

Filing notes and footnotes

Explanation of responses 5 footnotes

Footnote F1

In connection with the net share settlement of the exercise of 876 vested stock appreciation rights ("SARs") granted in March 2022 with a grant price of $120.38 per share, Ms. Ramesh was entitled to receive 336 shares of Class C Non-Voting Common Stock of the Federal Agricultural Mortgage Corporation ("Farmer Mac"). Of these shares, Ms. Ramesh received 173 shares, and Farmer Mac retained 163 shares to satisfy tax withholding requirements arising from the exercise. The 540 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

Footnote F2

Transaction effected during an open trading window for employees and directors of Farmer Mac.

Footnote F3

Includes 4,408 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Pan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

Footnote F4

In connection with the net share settlement of the exercise of 1,496 vested SARs granted in March 2023 with a grant price of $135.20 per share, Ms. Ramesh was entitled to receive 461 shares of Class C Non-Voting Common Stock of Farmer Mac. Of these shares, Ms. Ramesh received 238 shares, and Farmer Mac retained 223 shares to satisfy tax withholding requirements arising from the exercise. The 1,035 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

Footnote F5

Exercisable beginning March 31, 2024 with respect to 748 shares, beginning March 31, 2025 with respect to 748 shares, and beginning March 31, 2026 with respect to 748 shares.