Company: FMCCN
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0001026214-25-000040
Chunk: 353

Company: FEDERAL HOME LOAN MORTGAGE CORP
Filing Date: 2025-02-13
Form: 10-K
Item: Item 15
Chunk 353
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,000$1,080,000$3,600,000James M. Whitlinger(3)450,000547,500427,5001,425,000Anil D. Hinduja600,000 1,290,000810,0002,700,000Heidi L. Mason600,0001,220,000780,0002,600,000Sonu Mittal500,000900,000600,0002,000,000Christian M. Lown(4)300,000507,363489,5601,296,923Jerry Weiss600,0001,115,000735,0002,450,000

(1)Ms. Reid and Mr. DeVito did not participate in the EMCP in 2024 and therefore are not included in this table. For a discussion of their compensation, see Executive Compensation - CD&A - CEO Compensation.

(2)Although Mr. Hutchins served as interim CEO from March 2024 to September 2024, he remained our President and was therefore eligible to participate in the EMCP.

(3)While continuing to serve as SVP - Single-Family CFO, Mr. Whitlinger also served as SVP - Interim CFO from June 2024 to December 2024. He did not receive any additional compensation for serving as SVP - Interim CFO.

(4)Mr. Lown resigned from his position as EVP & CFO effective June 28, 2024. The amounts in the table are prorated to reflect Mr. Lown's departure and adjusted for the applicable reduction to Fixed Deferred Salary under the EMCP. Mr. Lown's annualized 2024 Target TDC was $3,300,000 and consisted of a Base Salary of $600,000 and Deferred Salary of $2,700,000.

2024 Executive Compensation Best Practices

What We DoWhat We Don't Don    Clawback provisions with a significant portion of compensation subject to recapture and/or forfeituren    No agreements that guarantee a specific amount of compensation for a specified term of employmentn    Use of an independent compensation consultant by the CHC Committeen    No golden parachute payments or other similar change in control provisionsn    Annual compensation risk reviewn    No tax "gross-ups"n    Evaluation of company performance against multiple measures, including non-financial measuresn    No hedging or pledging of company securitiesn    No executive perquisites for