STOCK TITAN

Dynex Capital (NYSE: DX) CIO discloses 56,195 common shares

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
3

Rhea-AI Filing Summary

Dynex Capital Inc. Chief Investment Officer Terrence John Connelly Jr. filed an initial Form 3 reporting his beneficial ownership in the company. He holds 56,195 shares of Dynex Capital common stock directly, and a footnote explains that this amount includes unvested restricted stock and restricted stock units.

This filing establishes his baseline ownership position and does not report any new purchase or sale transactions.

Positive

  • None.

Negative

  • None.
Insider Connelly Terrence John JR
Role Chief Investment Officer
Type Security Shares Price Value
holding Common Stock -- -- --
Holdings After Transaction: Common Stock — 56,195 shares (Direct, null)
Footnotes (1)
  1. [object Object]
Common stock owned 56,195 shares Direct beneficial ownership following reported entry
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
unvested restricted stock financial
"Includes unvested restricted stock and restricted stock units."
restricted stock units financial
"Includes unvested restricted stock and restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
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Learn about SEC filing dates
SEC Form 3
FORM 3UNITED 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*
Connelly Terrence John JR

(Last)(First)(Middle)
C/O DYNEX CAPITAL, INC.
140 EASTSHORE DR, SUITE 100

(Street)
GLEN ALLEN VIRGINIA 23059

(City)(State)(Zip)

UNITED STATES

(Country)
2. Date of Event Requiring Statement (Month/Day/Year)
05/25/2026
3. Issuer Name and Ticker or Trading Symbol
DYNEX CAPITAL INC [ DX ]
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)
Director10% Owner
XOfficer (give title below)Other (specify below)
Chief Investment Officer
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm 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)
Common Stock56,195(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 ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. Includes unvested restricted stock and restricted stock units.
Remarks:
The vesting dates and amounts are as follows: 1) Restricted stock - 1,224 shares vesting on February 28, 2027 2) Restricted stock units - 18,505 units vesting February 28, 2027, 18,823 units vesting February 28, 2028; and 8,201 vesting on February 28, 2029.
/s/ Terrence Connelly05/26/2026
** Signature of Reporting PersonDate
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 insider position does Dynex Capital (DX) CIO Terrence Connelly report on this Form 3?

Terrence John Connelly Jr. reports owning 56,195 Dynex Capital common shares. The filing shows his direct beneficial ownership as Chief Investment Officer and notes that this total includes both unvested restricted stock and restricted stock units granted to him.

Does the Dynex Capital (DX) Form 3 show any recent insider buying or selling?

The Form 3 does not show any insider buying or selling. It is an initial statement of beneficial ownership and lists Terrence Connelly’s existing holdings, with no transaction code, share amount, or price reported for new purchases or sales.

How many Dynex Capital (DX) shares does the CIO hold according to this Form 3?

The CIO holds 56,195 shares of Dynex Capital common stock. This total represents his direct beneficial ownership following the reported entry and, according to a footnote, includes unvested restricted stock and restricted stock units awarded to him.

What types of equity awards are included in the Dynex Capital (DX) CIO’s reported holdings?

The reported 56,195 shares include unvested restricted stock and restricted stock units. A footnote clarifies that these equity awards are counted within Terrence Connelly’s disclosed common stock holdings, reflecting both time-vested shares and RSUs granted as compensation.

What is the role of Terrence John Connelly Jr. at Dynex Capital (DX) in this Form 3?

Terrence John Connelly Jr. is Dynex Capital’s Chief Investment Officer. The Form 3 identifies him as an officer of the company, and the filing records his direct beneficial ownership in Dynex Capital common stock as part of regulatory insider reporting requirements.