Company: AGM-PH
Filing Date: 2025-05-09
Form Type: 10-Q
Source: 0000845877-25-000152
Chunk: 225

Company: FEDERAL AGRICULTURAL MORTGAGE CORP
Filing Date: 2025-05-09
Form: 10-Q
Item: Part II, Item 2
Chunk 225
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ing on March 31, 2028 in an amount between 0% and 200% of the target number of RSUs granted based on performance objectives related to cumulative core earnings before credit, subject to "gatekeeper" metrics related to capital and asset quality, for the performance period of January 1, 2025 to December 31, 2027;

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• an aggregate of 1,530 time-vested RSUs to four executive officers scheduled to vest in three equal annual installments on March 31, 2026, March 31, 2027, and March 31, 2028; and

• an aggregate of 18,699 time-vested RSUs to 178 non-executive officer employees scheduled to vest in three equal annual installments on March 31, 2026, March 31, 2027, and March 31, 2028.

On March 26, 2025, Farmer Mac granted 358 time-vested RSUs to a new director upon his appointment to the Board of Directors, which are scheduled to vest on March 31, 2026.

(b)     Not applicable.

(c)     None.

Item 3.Defaults Upon Senior Securities

(a)    None.

(b)    None.

Item 4.Mine Safety Disclosures

Not applicable.

Item 5.Other Information

Director and Officer Trading Arrangements

None of Farmer Mac's directors or executive officers (as defined in Rule 16a-1(f) under the Exchange Act) adopted or terminated a Rule 10b5-1 trading arrangement or a non-Rule 10b5-1 trading arrangement (as defined in Item 408(c) of Regulation S-K) during the three months ended March 31, 2025.

Item 6.Exhibits and Financial Statement Schedules

a.    (1) Financial Statements.

Refer to Item 8 above.

(2) Financial Statement Schedules.

There are no schedules because they are not applicable, not required, or the information required to be set

forth therein is included in the consolidated financial statements or in notes thereto.

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*3.1—Title VIII of the Farm Credit Act of 1971, as most recently amended on June 18, 2020 (Previously filed as Exhibit 3.1 to Form 10-Q filed August 10, 2020).*3.2—Amended and Rest