{"schema_version":"secwatch.filing_event.v1","accession":"0000845877-22-000132","form_type":"8-K","ticker":"AGM","cik":"0000845877","company_name":"FEDERAL AGRICULTURAL MORTGAGE CORP","filed_at":"2022-05-24T23:59:59+00:00","discovered_at":"2026-05-14T18:04:03.914671+00:00","generated_at":"2026-06-25T07:53:42.318991+00:00","sec_items":["5.02","5.07"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"confidence":"high","headline":"Chester J. Culver (former Iowa governor) joins Farmer Mac Board on May 23, replacing Watts","bullets":["Chester J. Culver appointed by President Biden, confirmed by Senate, effective May 23, 2022, replacing Myles J. Watts.","Culver will serve on Enterprise Risk, Public Policy & CSR, and Credit Risk Committees.","Annual meeting: all 10 director nominees elected; PwC ratified as auditor; say-on-pay approved.","Culver receives pro-rata equity grant and pro-rated annual retainer as director compensation."],"urls":{"canonical":"https://secwatch.observer/filing/0000845877-22-000132","json":"https://secwatch.observer/filing/0000845877-22-000132.json","markdown":"https://secwatch.observer/filing/0000845877-22-000132.md","text":"https://secwatch.observer/filing/0000845877-22-000132.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/845877/000084587722000132/0000845877-22-000132-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/845877/000084587722000132/agm-20220519.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-25T07:53:42.318991+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"00fa6f8c7b","claim":"Chester J. Culver was appointed as Director at FEDERAL AGRICULTURAL MORTGAGE CORP.","evidence_excerpt":"Chester J. Culver of West Des Moines, Iowa became a member of the Board of Directors (“Board”) of the Federal Agricultural Mortgage Corporation (“Farmer Mac”) on May 23, 2022.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/845877/000084587722000132/0000845877-22-000132-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"appointed"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"},{"claim_id":"4b5e3fa47a","claim":"Myles J. Watts departed as Director at FEDERAL AGRICULTURAL MORTGAGE CORP.","evidence_excerpt":"Mr. Culver replaces Myles J. Watts on Farmer Mac’s Board, who had served since September 2010.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/845877/000084587722000132/0000845877-22-000132-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"replaced"},{"label":"Role","value":"Director"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}