---
schema_version: "secwatch.filing_event.v1"
accession: "0000845877-25-000261"
form_type: "8-K"
ticker: "AGM"
cik: "0000845877"
company_name: "FEDERAL AGRICULTURAL MORTGAGE CORP"
filed_at: "2025-12-08T23:59:59+00:00"
generated_at: "2026-05-16T14:09:24.176256+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Farmer Mac appoints Matthew Pullins as EVP-CFO; base salary $550k, sign-on bonus $150k

## Summary
- Appointment effective Dec 11, 2025; Pullins replaces Gregory Ramsey as principal financial officer; Ramsey remains CAO.
- Base salary $550,000; short-term incentive for 2025 $275,000; 2026 target STI 50% of base salary.
- One-time RSU grant $250,000 vesting over 3 years; sign-on cash bonus net $150,000 with 12-month clawback.
- Target 2026 long-term incentive equity grants valued at $450,000, consistent with other executive officers.
- Previously SVP CFO Capital Markets at PNC; CPA; BS and MBA from Ohio State; raised on a family farm.

## SEC filing metadata
- accession: 0000845877-25-000261
- form_type: 8-K
- ticker: AGM
- cik: 0000845877
- company_name: FEDERAL AGRICULTURAL MORTGAGE CORP
- filed_at: 2025-12-08T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/845877/000084587725000261/0000845877-25-000261-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/845877/000084587725000261/agm-20251208.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000845877-25-000261
- JSON: https://secwatch.observer/filing/0000845877-25-000261.json
- Plain text: https://secwatch.observer/filing/0000845877-25-000261.txt

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