Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 374

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 374
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 EVP & CFO2023600,000 1,605,000 325,000 935,265 139,958 3,605,223 2022600,000 1,500,000 475,000 889,957 104,925 3,569,882 Jerry Weiss(10)2024600,000 1,115,000 — 743,249 128,704 2,586,953 Former EVP - Chief Administrative Officer2023600,000 1,045,000 — 697,737 126,714 2,469,451 2022600,000 975,000 — 658,358 103,901 2,337,259  

(1)Amounts shown in this sub-column consist of base salary paid during the year on a bi-weekly basis.

(2)Amounts shown reflect Fixed Deferred Salary earned during the year. The interest rate for Fixed Deferred Salary earned during 2024, 2023, and 2022 was 2.395%, 2.365%, and 0.195%, respectively, which is equal to 50% of the one-year Treasury Bill rate as of December 31 of the applicable prior year. Fixed Deferred Salary earned during each quarter is paid in cash on the last pay date of the corresponding quarter in the following year, along with accrued interest. Interest on Fixed Deferred Salary earned during 2024, 2023, and 2022 is included in All Other Compensation.

(3)Amounts shown reflect cash sign-on payments made to Mr. Lown in connection with his hiring in 2020 and Mr. Mittal in connection with his hiring in 2023. Although we classified the payment in the “Bonus” column for purposes of the Summary Compensation Table, it is not considered a “bonus” under the STOCK Act. Please see Executive Compensation - CD&A - Written Agreements Relating to NEO Employment and Executive Compensation - CD&A - Other Executive Compensation Considerations - Legal, Regulatory, and Conservator Restrictions on Executive Compensation for additional details.

(4)Amounts shown reflect At-Risk Deferred Salary earned during each year, as well as interest on that At-Risk Deferred Salary. The interest rate for At-Risk Deferred Salary earned during 2024, 2023, and 2022 was the same as noted for the interest rate for the Fixed Deferred Salary. Except in the case of Mr. Lown,