{"schema_version":"secwatch.filing_event.v1","accession":"0000845877-25-000244","form_type":"8-K","ticker":"AGM","cik":"0000845877","company_name":"FEDERAL AGRICULTURAL MORTGAGE CORP","filed_at":"2025-09-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:46.488377+00:00","generated_at":"2026-05-17T05:20:45.877544+00:00","sec_items":["5.02","9.01"],"event_type":"leadership","sentiment":"neutral","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"high","headline":"Farmer Mac CEO Nordholm to retire by March 2027; Carpenter named President/COO and successor CEO","bullets":["Bradford T. Nordholm to retire as CEO on March 31, 2027; resigned as President effective Sept 25, 2025.","Zachary N. Carpenter appointed President and COO, effective Sept 25, 2025; to become CEO on April 1, 2027 or earlier.","Nordholm's employment agreement extended to March 31, 2027; fixed 2027 incentive salary of $200,000; $1.5M RSU grant in March 2026.","Carpenter's base salary raised to $575,000 as President/COO; future CEO base salary at least $650,000 with 80% target bonus.","Carpenter's CEO Employment Agreement includes two-year non-compete, severance equal to base salary plus bonus, and COBRA continuation."],"urls":{"canonical":"https://secwatch.observer/filing/0000845877-25-000244","json":"https://secwatch.observer/filing/0000845877-25-000244.json","markdown":"https://secwatch.observer/filing/0000845877-25-000244.md","text":"https://secwatch.observer/filing/0000845877-25-000244.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/845877/000084587725000244/0000845877-25-000244-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/845877/000084587725000244/agm-20250925.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T05:20:45.877544+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}