---
schema_version: "secwatch.filing_event.v1"
accession: "0000845877-25-000092"
form_type: "8-K"
ticker: "AGM"
cik: "0000845877"
company_name: "FEDERAL AGRICULTURAL MORTGAGE CORP"
filed_at: "2025-03-12T23:59:59+00:00"
generated_at: "2026-05-24T22:56:16.259892+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.4
calibrated_materiality_score: 0.4
confidence: "high"
source: SEC EDGAR
---

# Farmer Mac approves executive compensation: salary increases, equity grants, and performance RSU vesting at 200%

## Summary
- Base salaries of four executives raised $10K-$15K, effective retroactively to Jan 1, 2025.
- SARs granted at $202.01/share to execs; vest in 3 annual installments from 2026 to 2028.
- RSUs granted to execs and directors; time-based vest over 3 years, performance-based tied to cumulative Earnings before Credit.
- 2022 performance RSUs vest at 200% of target after gatekeeper metrics satisfied; execs receive double target shares on Mar 31, 2025.
- Cash bonuses for 2024 performance: CEO Nordholm $719,203, others $149K-$313K.

## SEC filing metadata
- accession: 0000845877-25-000092
- form_type: 8-K
- ticker: AGM
- cik: 0000845877
- company_name: FEDERAL AGRICULTURAL MORTGAGE CORP
- filed_at: 2025-03-12T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.4
- calibrated_materiality_score: 0.4
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/845877/000084587725000092/0000845877-25-000092-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/845877/000084587725000092/agm-20250306.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000845877-25-000092
- JSON: https://secwatch.observer/filing/0000845877-25-000092.json
- Plain text: https://secwatch.observer/filing/0000845877-25-000092.txt

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