Company: MFAN
Filing Date: 2025-08-15
Form Type: 424B5
Source: 0001104659-25-079260
Chunk: 31

Company: MFA FINANCIAL, INC.
Filing Date: 2025-08-15
Form: 424B5
Chunk 31
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 of the securities offered hereby for general corporate purposes, which may include repurchases of shares of our common stock and investing in additional residential mortgage-related assets, including but not limited to, residential whole loans, BPLs, MBS and other mortgage-related investments, and for working capital, which may include, among other things, the repayment of indebtedness.

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TABLE OF CONTENTS

### DESCRIPTION OF THE PREFERRED STOCK
This description of certain terms of the Series B Preferred Stock and Series C Preferred Stock supplements, and, to the extent inconsistent therewith, replaces, the description of the general terms and provisions of our preferred stock set forth in the accompanying prospectus. The description of certain terms of the Series B Preferred Stock and Series C Preferred Stock in this prospectus supplement does not purport to be complete and is in all respects subject to, and qualified in its entirety by references to the relevant provisions of our charter, including the articles supplementary designating the terms of the Series B Preferred Stock and Series C Preferred Stock, our bylaws and Maryland law. Copies of our charter and our bylaws are filed as exhibits to the registration statement of which this prospectus supplement and accompanying prospectus form a part.

#### General
Our charter provides that we may issue up to one billion shares of capital stock, all with a par value of $0.01 per share. Of these shares of capital stock, prior to the designation of the additional shares of Series B Preferred Stock and Series C Preferred Stock, 874,300,000 of these authorized shares are classified as common stock, par value $0.01 per share, 1,160,000 shares are classified as 8.50% Series A Cumulative Redeemable Preferred Stock, par value $0.01 per share (the “Series A Preferred Stock”), 8,050,000 shares are classified as Series B Preferred Stock, 12,650,000 are classified as Series C Preferred Stock, 3,840,000 are classified as Preferred Stock, par value $0.01 per share, without further designation (the “Undesignated Preferred Stock”) and 100,000,000 shares were classified as excess stock, par value $0.01 per share. There are no shares of the Series A Preferred Stock issued or outstanding. Pursuant to our charter, our Board is authorized to classify and reclassify any unissued shares of our capital stock, to provide for the issuance of shares in other classes or series (