Company: MFAN
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001055160-25-000018
Chunk: 225

Company: MFA FINANCIAL, INC.
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 3
Chunk 225
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 or other means, in accordance with applicable securities laws (including, in the Company’s discretion, through the use of one or more plans adopted under Rule 10b5-1 promulgated under the Exchange Act of 1934, as amended (the “Exchange Act”)). 

During the third quarter of 2025, the Company repurchased approximately $5 million of shares pursuant to the stock repurchase program. At September 30, 2025, approximately $195 million remained available under the current authorization for the purchase of the Company’s common stock under the stock repurchase program.

90  

During the third quarter of 2025, the Company also withheld shares (under the terms of grants under our Equity Compensation Plan (or Equity Plan)) to satisfy tax and payroll withholding obligations resulting from the vesting and settlement of restricted stock awards and/or restricted stock units (RSUs). 

Month Total Number of Shares PurchasedWeighted Average Price Paid Per Share (1)Total Number of Shares Repurchased as Part of Publicly Announced Repurchase Program or Employee PlanApproximate Dollar Value that May Yet be Purchased Under the Repurchase Program or Employee PlanJuly 1-31, 2025:Stock Repurchase Program— — —$200,000,000 August 1-31, 2025:Stock Repurchase Program— — —$200,000,000 September 1-30, 2025:Stock Repurchase Program485,652 $10.31 485,652$194,995,000 Employee Transactions (2)7,133 $10.11 N/AN/ATotal Stock Repurchase Program485,652 $10.31 485,652$194,995,000 Total Employee Transactions (2)7,133 $10.11 N/AN/A

(1)Includes brokerage commissions.

(2)The value of shares surrendered upon the settlement of RSUs to meet income tax obligations is based on the closing price per share of our common stock on the date such settlement occurs.