Federal Agricultural ( (AGM) ) just unveiled an announcement.
On March 6, 2025, Farmer Mac’s Human Capital and Compensation Committee approved increases in the annual base salaries of several executive officers, effective retroactively to January 1, 2025. Additionally, the committee granted stock appreciation rights and restricted stock units to executive officers and directors under the company’s 2008 Omnibus Incentive Plan. These equity awards are designed to align executive compensation with long-term company performance goals. The committee also approved performance-based cash bonuses for the executive officers based on their achievements in 2024. These compensation changes are part of Farmer Mac’s strategy to incentivize leadership and align executive interests with company performance, potentially impacting the company’s operational focus and stakeholder relations.
More about Federal Agricultural
Federal Agricultural Mortgage Corporation, known as Farmer Mac, operates in the agricultural finance industry, providing a secondary market for agricultural loans. Its primary services include purchasing and guaranteeing loans, which helps to increase the availability of credit for the agricultural sector.
YTD Price Performance: -0.69%
Average Trading Volume: 36,539
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.03B
See more insights into AGM stock on TipRanks’ Stock Analysis page.