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Filing Details

Accession Number:: 0000845877-24-000249
Form Type:: 4
Zero Holdings:: No
Publication Time:: 2024-11-12 17:44:55
Reporting Period:: 2024-11-07

Accepted Time:: 2024-11-12 17:44:55
SEC Url:: Form 4 Filing

Issuer

Cik	Name	Symbol	Sector (SIC)	IRS No
845877	Federal Agricultural Mortgage Corp	AGM	Federal & Federally-Sponsored Credit Agencies (6111)	521578738

Insiders

Cik	Name	Reported Address	Insider Title	Director	Officer	Large Shareholder	Other
1776941	Zachary Carpenter	Farmer Mac, 2100 Pennsylvania Ave., Nw., Suite 450N Washington DC 20037	Evp - Chief Business Officer	No	Yes	No	No

Reported Non-Derivative Transactions

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Sec. Name	Acquisiton - Disposition	Date	Amount	Price	Remaning Holdings	Equity Swap Involved	Form Type	Code	Nature of Ownership
Class C Non-Voting Common Stock	Acquisiton	2024-11-07	1,414	$88.68	10,794	No	4	M	Direct
Class C Non-Voting Common Stock	Disposition	2024-11-07	394	$209.13	10,400	No	4	F	Direct
Class C Non-Voting Common Stock	Disposition	2024-11-07	600	$209.13	9,800	No	4	D	Direct
Class C Non-Voting Common Stock	Acquisiton	2024-11-07	1,702	$120.38	11,502	No	4	M	Direct
Class C Non-Voting Common Stock	Disposition	2024-11-07	349	$209.13	11,153	No	4	F	Direct
Class C Non-Voting Common Stock	Disposition	2024-11-07	980	$209.13	10,173	No	4	D	Direct
Class C Non-Voting Common Stock	Disposition	2024-11-08	500	$207.35	9,673	No	4	S	Direct

Equity Swap Involved	Form Type	Code	Nature of Ownership
No	4	M	Direct
No	4	F	Direct
No	4	D	Direct
No	4	M	Direct
No	4	F	Direct
No	4	D	Direct
No	4	S	Direct

Reported Derivative Transactions

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Sec. Name	Sec. Type	Acquisiton - Disposition	Date	Amount	Price	Amount - 2	Price - 2
Class C Non-Voting Common Stock	Stock Appreciation Right	Disposition	2024-11-07	1,414	$0.00	1,414	$88.68
Class C Non-Voting Common Stock	Stock Appreciation Right	Disposition	2024-11-07	1,702	$0.00	1,702	$120.38

Remaning Holdings	Exercise Date	Expiration Date	Equity Swap Involved	Transaction Form Type	Transaction Code	Nature of Ownership
0	2024-03-31	2031-03-02	No	4	M	Direct
851		2032-03-09	No	4	M	Direct

Footnotes

In connection with the net share settlement of the exercise of 1,414 vested stock appreciation rights ("SARs") granted in March 2021 with a grant price of $88.68 per share, Mr. Carpenter was entitled to receive 814 shares of Class C Non-Voting Common Stock of the Federal Agricultural Mortgage Corporation ("Farmer Mac"). Of these shares, Mr. Carpenter received 420 shares, and Farmer Mac retained 394 shares to satisfy tax withholding requirements arising from the exercise. The 600 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.
Transaction effected during an open trading window for employees and directors of Farmer Mac.
Includes 4,666 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.
In connection with the net share settlement of the exercise of 1,702 vested SARs granted in March 2022 with a grant price of $120.38 per share, Mr. Carpenter was entitled to receive 722 shares of Class C Non-Voting Common Stock of Farmer Mac. Of these shares, Mr. Carpenter received 373 shares, and Farmer Mac retained 349 shares to satisfy tax withholding requirements arising from the exercise. The 980 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.
Exercisable beginning March 31, 2023 with respect to 851 shares, beginning March 31, 2024 with respect to 851 shares, and beginning March 31, 2025 with respect to 851 shares.