secwatch.observer — SEC 8-K summary
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Issuer:     FEDERAL AGRICULTURAL MORTGAGE CORP (AGM)
CIK:        0000845877
Form:       8-K
Filed at:   2025-12-08T23:59:59+00:00
Accession:  0000845877-25-000261
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/845877/000084587725000261/0000845877-25-000261-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/845877/000084587725000261/agm-20251208.htm
  HTML page:      https://secwatch.observer/filing/0000845877-25-000261

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer