Farmer Mac (NYSE: AGM) officer discloses Class C stock and RSUs

Rhea-AI Filing Summary

Federal Agricultural Mortgage Corp (Farmer Mac) reported the initial equity holdings of its Principal Accounting Officer, Mandy M. Talan. She beneficially owns 314.3811 shares of Class C Non-Voting Common Stock, including 294 restricted stock units granted on March 5, 2026 under Farmer Mac’s omnibus incentive plan.

Each RSU represents the right to receive one share upon vesting. These 294 RSUs vest in three equal installments of 98 units on March 31, 2027, March 31, 2028, and March 31, 2029, if she remains an employee on those dates.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider Talan Mandy M

Role null

Type	Security	Shares	Price	Value
holding	Class C Non-Voting Common Stock	--	--	--

Holdings After Transaction: Class C Non-Voting Common Stock — 314.381 shares (Direct, null)

Footnotes (1)

1. [object Object]

Key Figures

Beneficial ownership: 314.3811 shares Restricted stock units granted: 294 RSUs Annual RSU vesting amount: 98 RSUs

3 metrics

Beneficial ownership 314.3811 shares Class C Non-Voting Common Stock held after reported holdings

Restricted stock units granted 294 RSUs Granted on March 5, 2026 under Farmer Mac’s 2008 Omnibus Incentive Plan

Annual RSU vesting amount 98 RSUs Vest on March 31, 2027, March 31, 2028, and March 31, 2029

Key Terms

Class C Non-Voting Common Stock, restricted stock units ("RSUs"), Amended and Restated 2008 Omnibus Incentive Plan, contingent right to receive

4 terms

Class C Non-Voting Common Stock financial

"security_title: "Class C Non-Voting Common Stock""

restricted stock units ("RSUs") financial

"Includes 294 restricted stock units ("RSUs") granted on March 5, 2026"

Restricted stock units (RSUs) are a company promise to give an employee shares of stock (or cash equivalent) in the future, but only after certain conditions—usually staying with the company for a set time or hitting performance goals—are met. Investors watch RSUs because when they vest they increase the number of shares outstanding and can lead insiders to sell shares, affecting share price, company dilution and the true cost of employee pay.

Amended and Restated 2008 Omnibus Incentive Plan financial

"granted on March 5, 2026, under the Amended and Restated 2008 Omnibus Incentive Plan"

contingent right to receive financial

"Each RSU represents the contingent right to receive, upon vesting, one share"

Understanding Insider Trading Forms →

SEC Form 3

FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0104
Estimated average burden
hours per response:			0.5

1. Name and Address of Reporting Person^*

Talan Mandy M

(Last) (First) (Middle)

C/O FARMER MAC

2100 PENNSYLVANIA AVENUE, NW, SUITE 450N

(Street)

WASHINGTON DISTRICT OF COLUMBIA 20037

(City) (State) (Zip)

UNITED STATES

(Country)

2. Date of Event Requiring Statement (Month/Day/Year)
04/21/2026

3. Issuer Name and Ticker or Trading Symbol
FEDERAL AGRICULTURAL MORTGAGE CORP [ AGM ]

3a. Foreign Trading Symbol

5. If Amendment, Date of Original Filed (Month/Day/Year)

4. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
	Officer (give title below)	X	Other (specify below)
			Principal Accounting Officer

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Beneficially Owned
1. Title of Security (Instr. 4)	2. Amount of Securities Beneficially Owned (Instr. 4)	3. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	4. Nature of Indirect Beneficial Ownership (Instr. 5)
Class C Non-Voting Common Stock	314.3811(1)	D

Table II - Derivative Securities Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 4)	2. Date Exercisable and Expiration Date (Month/Day/Year)		3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)		4. Conversion or Exercise Price of Derivative Security	5. Ownership Form: Direct (D) or Indirect (I) (Instr. 5)	6. Nature of Indirect Beneficial Ownership (Instr. 5)
	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. Includes 294 restricted stock units ("RSUs") granted on March 5, 2026, under the Amended and Restated 2008 Omnibus Incentive Plan of the Federal Agricultural Mortgage Corporation ("Farmer Mac"). Each RSU represents the contingent right to receive, upon vesting, one share of Farmer Mac's Class C Non-Voting Common Stock. The RSUs will vest in three equal installments of 98 RSUs vesting on March 31, 2027, March 31, 2028, and March 31, 2029, respectively, if the Reporting Person remains an employee of Farmer Mac on those dates.

Remarks:

	Geraldine I. Hayhurst, as attorney-in-fact for Mandy M. Talan	04/27/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 3: SEC 1473 (03-26)

FAQ

What does Mandy M. Talan’s Form 3 filing for AGM show?

The Form 3 shows Mandy M. Talan’s initial beneficial ownership in Federal Agricultural Mortgage Corp. She holds 314.3811 shares of Class C Non-Voting Common Stock, including 294 restricted stock units that may convert into shares as they vest over time.

How many AGM shares does Mandy M. Talan beneficially own?

Mandy M. Talan beneficially owns 314.3811 shares of Federal Agricultural Mortgage Corp’s Class C Non-Voting Common Stock. This figure includes 294 restricted stock units granted under Farmer Mac’s omnibus incentive plan, each representing the right to receive one share upon vesting.

What restricted stock units (RSUs) did AGM grant to Mandy M. Talan?

Mandy M. Talan received 294 restricted stock units from Federal Agricultural Mortgage Corp on March 5, 2026. Each RSU equals one Class C Non-Voting share upon vesting, providing equity-based compensation tied directly to Farmer Mac’s stock performance over a multi-year period.

When do Mandy M. Talan’s AGM RSUs vest?

Her 294 RSUs vest in three equal installments of 98 units. Vesting dates are March 31, 2027, March 31, 2028, and March 31, 2029, provided she remains an employee of Federal Agricultural Mortgage Corp on each respective vesting date.

What stock class is reported in Mandy M. Talan’s AGM Form 3?

The Form 3 reports holdings in Federal Agricultural Mortgage Corp’s Class C Non-Voting Common Stock. Both the currently held shares and the restricted stock units are tied to this non-voting share class issued under Farmer Mac’s omnibus incentive compensation plan.