secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL NATIONAL MORTGAGE ASSOCIATION FANNIE MAE (FNMA)
CIK:        0000310522
Form:       8-K
Filed at:   2024-06-13T23:59:59+00:00
Accession:  0000310522-24-000426
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Director Robert H. Herz resigns from Fannie Mae Board effective June 30, 2024
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- Mr. Herz served 13 years on the board, including as Audit Committee Chair until April 2024.
- Resignation is due to FHFA governance limit of 10 years or age 72; a waiver allowed service through June 30.
- Michael Seelig succeeded Mr. Herz as Audit Committee Chair in April 2024.
- No replacement was announced; the resignation is effective at month-end.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/310522/000031052224000426/0000310522-24-000426-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/310522/000031052224000426/fnm-20240612.htm
  HTML page:      https://secwatch.observer/filing/0000310522-24-000426

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer