# EDGAR Filing Document

**Accession Number:** 0000310522
**File Stem:** 0000310522-25-000491
**Filing Date:** 2025-10
**Character Count:** 7795
**Document Hash:** f819b4dc933ee8ae859f9d93848d596a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000310522-25-000491.hdr.sgml**: 20251008

**ACCESSION NUMBER**: 0000310522-25-000491

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20251006

**ITEM INFORMATION**: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers

**FILED AS OF DATE**: 20251008

**DATE AS OF CHANGE**: 20251008

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE
- **CENTRAL INDEX KEY:** 0000310522
- **STANDARD INDUSTRIAL CLASSIFICATION:** FEDERAL & FEDERALLY-SPONSORED CREDIT AGENCIES [6111]
- **ORGANIZATION NAME:** 02 Finance
- **EIN:** 520883107
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 000-50231
- **FILM NUMBER:** 251382719

**BUSINESS ADDRESS:**
- **STREET 1:** MIDTOWN CENTER
- **STREET 2:** 1100 15TH ST, NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20005
- **BUSINESS PHONE:** 800-232-6643

**MAIL ADDRESS:**
- **STREET 1:** MIDTOWN CENTER
- **STREET 2:** 1100 15TH ST, NW
- **CITY:** WASHINGTON
- **STATE:** DC
- **ZIP:** 20005

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FEDERAL NATIONAL MORTGAGE ASSOCIATION
- **DATE OF NAME CHANGE:** 19950110

?xml version='1.0' encoding='ASCII'? fnm-20251006

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, DC 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934**

**Date of Report (Date of earliest event reported): October 6, 2025**

**Federal National Mortgage Association** 

**(Exact name of registrant as specified in its charter)**

 **Fannie Mae**

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| | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|
| **Federally chartered corporation** | **0-50231** | **52-0883107** | **1100 15th Street, NW** | **1100 15th Street, NW** | **1100 15th Street, NW** | **800** | **232-6643** |
|  |  |  | **Washington,** | **DC** | **20005** |  |  |
| *(State or other jurisdiction<br>of incorporation)* | *(Commission<br>File Number)* | *(IRS Employer<br>Identification No.)* | *(Address of principal executive offices, including zip code)* | *(Address of principal executive offices, including zip code)* | *(Address of principal executive offices, including zip code)* | *(Registrant's telephone number, including area code)* | *(Registrant's telephone number, including area code)* |

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Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (<u>see</u> General Instruction A.2. below):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

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| | | |
|:---|:---|:---|
| **Title of each class** | **Trading Symbol(s)** | **Name of each exchange on which registered** |
| None | N/A | N/A |

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Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. &nbsp;&nbsp;&nbsp;&nbsp; ☐

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**Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.**

***Appointment of New Director***

On October 6, 2025, Brandon Hamara was appointed to the Board of Directors of Fannie Mae, effective as of October 7, 2025. The appointment of Mr. Hamara is until the earlier of: (1) the next annual election of Board members; or (2) the date on which he resigns or is removed by U.S. Federal Housing FHFA (the Federal Housing Finance Agency), as conservator, while Fannie Mae is in conservatorship.

As of the date of this filing, the Board committees on which Mr. Hamara will serve have not been determined. We will provide in an amendment to this Form 8-K any required information about Mr. Hamara's committee assignments when they have been determined.

***Employee Role and Compensation***

Mr. Hamara was also appointed to serve as Fannie Mae's Senior Vice President and Head of Operations for Single-Family and Multifamily, and is expected to start in this role in November 2025.

Mr. Hamara's total annual target direct compensation will be $1.9 million, consisting of base salary of $525,000, fixed deferred salary of $805,000 and at-risk deferred salary of $570,000. To compensate him for compensation he will forfeit upon leaving his employer, Mr. Hamara was also awarded a sign-on award of $270,000, which will be paid in a first installment of $180,000 as soon as practicable after his start date and a second installment of $90,000 as soon as practicable after the first anniversary of his start date as an employee, provided he remains employed by Fannie Mae. If within one year after Mr. Hamara receives any installment of the sign-on award: (a) he resigns; (b) his employment with Fannie Mae is terminated involuntarily due to his misconduct; or (c) he fails to successfully pass a pre-employment background investigation, he will be required to repay the installment and will forfeit any unpaid portion of his sign-on award. Mr. Hamara has also been offered benefits under Fannie Mae's standard executive relocation plan. Mr. Hamara will also be eligible to receive employee benefits, including those described in "Elements of 2024 Executive Compensation" in the "Executive Compensation—Compensation Discussion and Analysis" section of Fannie Mae's annual report on Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission on February 14, 2025. Mr. Hamara will not receive any additional compensation for his service as a director.

As of the date of this filing, other than Mr. Hamara's employee compensation described above, we have not yet determined whether there are any other transactions or relationships involving Mr. Hamara that are required to be disclosed by Item 404(a) of Regulation S-K. We will provide in an amendment to this Form 8-K any additional required information about transactions or relationships when they have been determined.

***Indemnification Agreement***

Fannie Mae expects to enter into an indemnification agreement with Mr. Hamara in the form filed as Exhibit 10.3 to Fannie Mae's annual report on Form 10-K for the year ended December 31, 2018, filed with the Securities and Exchange Commission on February 14, 2019.

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**SIGNATURES**

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

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| | |
|:---|:---|
| | FEDERAL NATIONAL MORTGAGE ASSOCIATION |
| By | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;/s/ Thomas L. Klein |
| | Thomas L. Klein |
| | Enterprise Deputy General Counsel—Vice President |

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Date: October 8, 2025