{"schema_version":"secwatch.filing_event.v1","accession":"0000845877-25-000164","form_type":"8-K","ticker":"AGM","cik":"0000845877","company_name":"FEDERAL AGRICULTURAL MORTGAGE CORP","filed_at":"2025-05-21T23:59:59+00:00","discovered_at":"2026-05-14T18:02:51.456030+00:00","generated_at":"2026-05-20T23:21:28.266828+00:00","sec_items":["5.03","5.07","9.01"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"confidence":"high","headline":"Farmer Mac amends bylaws, reports annual meeting results","bullets":["Bylaws amended: executive officer defined as EVP or higher (previously SVP+); CEO may appoint SVP and below.","Audit Committee oversight clarified to include internal audit leader; Enterprise Risk Committee gains AI oversight.","Annual meeting: all 10 director nominees elected, PwC ratified as auditor, say-on-pay advisory approved.","Five directors appointed by U.S. President continue to serve until pleasure."],"urls":{"canonical":"https://secwatch.observer/filing/0000845877-25-000164","json":"https://secwatch.observer/filing/0000845877-25-000164.json","markdown":"https://secwatch.observer/filing/0000845877-25-000164.md","text":"https://secwatch.observer/filing/0000845877-25-000164.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/845877/000084587725000164/0000845877-25-000164-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/845877/000084587725000164/agm-20250515.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-20T23:21:28.266828+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":"9193b92e82942482dcb99addaa1bd532f2a86994","claim":"FEDERAL AGRICULTURAL MORTGAGE CORP: On May 15, 2025, the Board adopted amendments to Farmer Mac's by-laws, including updating executive officer definitions, changing Controller to Chief Accounting Officer, and clarifying committee responsibilities across eight standing committees including new oversight of AI risks (effective 2025-05-15).","evidence_excerpt":"On May 15, 2025, the Board of Directors (“ Board ”) of the Federal Agricultural Mortgage Corporation (“ Farmer Mac ”) adopted amendments to Farmer Mac’s by-laws, as amended and restated (“ By-Laws ”).","evidence_source":"SEC 8-K Item 5.03/5.05/5.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/845877/000084587725000164/0000845877-25-000164-index.htm","confidence":0.99,"family_label":"Governance Changes","details":[{"label":"Change","value":"bylaw amendment"},{"label":"Effective","value":"2025-05-15"}],"fact_type":"governance_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}