---
schema_version: "secwatch.filing_event.v1"
accession: "0000826675-23-000013"
form_type: "8-K/A"
ticker: "DX"
cik: "0000826675"
company_name: "DYNEX CAPITAL INC"
filed_at: "2023-02-14T23:59:59+00:00"
generated_at: "2026-06-19T14:57:19.821486+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Dynex Capital increases shares available for sale by 13M under distribution agreement

## Summary
- Amendment No. 4 to Distribution Agreement adds 13,000,000 common shares for sale.
- Amendment entered February 10, 2023 with J.P. Morgan, JMP, JonesTrading, BTIG.
- Shares are sold under existing at-the-market offering program; proceeds for general corporate purposes.
- Legal opinion on share legality filed as Exhibit 5.1; XBRL tagging added to original 8-K.

## SEC filing metadata
- accession: 0000826675-23-000013
- form_type: 8-K/A
- ticker: DX
- cik: 0000826675
- company_name: DYNEX CAPITAL INC
- filed_at: 2023-02-14T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/826675/000082667523000013/0000826675-23-000013-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/826675/000082667523000013/dx-20230210.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000826675-23-000013
- JSON: https://secwatch.observer/filing/0000826675-23-000013.json
- Plain text: https://secwatch.observer/filing/0000826675-23-000013.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 (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
  - 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/826675/000082667523000013/0000826675-23-000013-index.htm

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