leadership
confidence high
sentiment neutral
materiality 0.40
AGNC amends Gary Kain's employment: 2027 cash bonus target $1.3M, annual LTIA $1.5M
AGNC Investment Corp.
- Amendment effective Sept 10, 2026 to Kain's Sixth Amended Employment Agreement.
- Annual cash bonus target $1.3M for 2027 and later (down from $1.8M for 2026); 0-200% payout range.
- Starting 2027, annual long-term incentive award target $1.5M in stock; 67% performance-based over 3 years, 33% time-vested.
- Base salary, termination payments, and restrictive covenants remain unchanged.