---
schema_version: "secwatch.filing_event.v1"
accession: "0000826675-23-000010"
form_type: "8-K"
ticker: "DX"
cik: "0000826675"
company_name: "DYNEX CAPITAL INC"
filed_at: "2023-02-10T23:59:59+00:00"
generated_at: "2026-06-19T18:45:42.463373+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Dynex Capital increases ATM equity offering capacity by 13M shares to 36.1M shares

## Summary
- Amendment No. 4 raises shares available for sale under distribution agreement from 23,117,622 to 36,117,622.
- The 13,000,000-share increase represents a ~56% boost to prior ATM capacity.
- Agreement is with J.P. Morgan, JMP Securities, JonesTrading, and BTIG, dated February 10, 2023.
- No immediate sale of shares; the amended ATM program provides future capital-raising flexibility.

## SEC filing metadata
- accession: 0000826675-23-000010
- form_type: 8-K
- ticker: DX
- cik: 0000826675
- company_name: DYNEX CAPITAL INC
- filed_at: 2023-02-10T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/826675/000082667523000010/0000826675-23-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/826675/000082667523000010/form8-kxatmprosuppamend4.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000826675-23-000010
- JSON: https://secwatch.observer/filing/0000826675-23-000010.json
- Plain text: https://secwatch.observer/filing/0000826675-23-000010.txt

## Key facts
- Material Agreements
  DYNEX CAPITAL INC amended Amendment No. 4 with J.P. Morgan Securities LLC, JMP Securities LLC, JonesTrading Institutional Services LLC and BTIG, LLC valued at 13,000,000 shares (effective 2023-02-10).
  - Action: amendment
  - Agreement: atm program
  - Counterparty: J.P. Morgan Securities LLC, JMP Securities LLC, JonesTrading Institutional Services LLC and BTIG, LLC
  - Value: 13,000,000 shares
  - Effective: 2023-02-10
  source text: On February 10, 2023, Dynex Capital, Inc. (the “ Company ”), entered into amendment no. 4 (“ Amendment No. 4 ”) to the distribution agreement, dated June 29, 2018, as amended (the “ Agreement ” and as amended by Amendment No. 4, the “ Amended Agreement ”) by and among the Company, J.P. Morgan Securities LLC, JMP Securities LLC, JonesTrading Institutional Services LLC and BTIG, LLC
  evidence_url: https://www.sec.gov/Archives/edgar/data/826675/000082667523000010/0000826675-23-000010-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.