Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 384

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 384
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 Component2024 Fixed Deferred Salary507,3632024 At-Risk Deferred Salary(4)472,4262024 Interest on Deferred Salary(6)34,7812023 At-Risk Deferred Salary(5)893,0252023 Interest on Deferred Salary(6)42,240Total$— $— $— $1,949,835 Jerry WeissPay Component2024 Fixed Deferred Salary1,115,0001,115,0001,115,0002024 At-Risk Deferred Salary(4)735,000735,000709,2752024 Interest on Deferred Salary(6)27,69261,91160,6792023 At-Risk Deferred Salary(5)666,225666,225666,2252023 Interest on Deferred Salary25,60431,512$31,512 Total$2,569,521 $2,609,648 $2,582,691 $— 

(1)Ms. Reid and Mr. DeVito are excluded from this table because they are not eligible for any additional compensation in connection with a termination of employment.

(2)Messrs. Hutchins, Whitlinger, and Weiss are the only retirement-eligible NEOs under the EMCP.

FREDDIE MAC  |  2024 Form 10-K260

Executive Compensation2024 Compensation Information for NEOs

(3)All Other Not For Cause Terminations refer to (1) voluntary terminations other than for retirement; or (2) involuntary terminations other than for cause. No amount is shown for Mr. Hutchins because he is retirement eligible. In accordance with early termination provisions in the EMCP, the amounts disclosed for Fixed Deferred Salary for all other NEOs have been reduced by 26% to reflect a December 31, 2024 termination event. 

(4)The amounts reported for 2024 At-Risk Deferred Salary in the Retirement and All Other Not For Cause Terminations columns reflect both the funding level determined by FHFA with respect to performance against the 2024 Conservatorship Scorecard and the assessment of 2024 corporate performance approved by the CHC Committee and FHFA. In cases of death or disability, the process for determining funding level is waived if the funding level has not been determined at the date of termination.

(5)The amounts reported for 2023 At-Risk Deferred Salary for all termination scenarios reflect both the funding level determined by FHFA with respect to performance against the