Current Report · Items 5.02, 7.01, 9.01 · 8-K
Federal Agricultural Mortgage Corporation
Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements · Regulation FD Disclosure
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. On August 12, 2026, the Board of Directors (“Board”) of the Federal Agricultural Mortgage Corporation (“Farmer Mac”) appointed Robert J. Maines (“Mr.…
Filed Aug 14, 2026Accepted Aug 14, 2026, 9:19 AM EDTCIK 845877Accession 0000845877-26-000129
Company context
Current securities
Historical securities (2)
Registered securities in this filing
FEDERAL AGRICULTURAL MORTGAGE CORPORATION · 8-K · Filed 2026-08-14
As filed in this accession. Current/historical status below comes from the governed listing record; the cover itself remains exact to this filing.
Class A voting common stock
- Symbol
- AGM.A
- Exchange
- NYSE
- Classification
- COMMON
Filing context
Context: c-2
Dimensions: us-gaap:StatementClassOfStockAxis
Class C non-voting common stock
- Exchange
- NYSE
- Classification
- COMMON
- Status
- Current
Filing context
Context: c-3
Dimensions: us-gaap:StatementClassOfStockAxis
5.700% Non-Cumulative Preferred Stock, Series D
- Symbol
- AGM.PRD
- Exchange
- NYSE
- Classification
- PREFERRED
Filing context
Context: c-4
Dimensions: us-gaap:StatementClassOfStockAxis
5.750% Non-Cumulative Preferred Stock, Series E
- Symbol
- AGM.PRE
- Exchange
- NYSE
- Classification
- PREFERRED
Filing context
Context: c-5
Dimensions: us-gaap:StatementClassOfStockAxis
5.250% Non-Cumulative Preferred Stock, Series F
- Symbol
- AGM.PRF
- Exchange
- NYSE
- Classification
- PREFERRED
Filing context
Context: c-6
Dimensions: us-gaap:StatementClassOfStockAxis
4.875% Non-Cumulative Preferred Stock, Series G
- Symbol
- AGM.PRG
- Exchange
- NYSE
- Classification
- PREFERRED
Filing context
Context: c-7
Dimensions: us-gaap:StatementClassOfStockAxis
6.500% Non-Cumulative Preferred Stock, Series H
- Symbol
- AGM.PRH
- Exchange
- NYSE
- Classification
- PREFERRED
Filing context
Context: c-8
Dimensions: us-gaap:StatementClassOfStockAxis
6.875% Non-Cumulative Preferred Stock, Series I
- Symbol
- AGM.PRI
- Exchange
- NYSE
- Classification
- PREFERRED
Filing context
Context: c-9
Dimensions: us-gaap:StatementClassOfStockAxis
Accession 000084587726000129 · 8 registered-security cover members
Read the exact SEC filing ↗Disclosure sections
Items 5.02, 7.01, 9.01Select an item to read the extracted section. The as-filed document remains the primary evidence.
Item 5.02Item 5.02 - Departure/Election of Directors
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
On August 12, 2026, the Board of Directors (“Board”) of the Federal Agricultural Mortgage Corporation (“Farmer Mac”) appointed Robert J. Maines (“Mr. Maines”) to serve as Farmer Mac’s Executive Vice President - Chief Operations Officer, effective August 17, 2026 (the “Effective Date”).
Mr. Maines, age 58, has served as Farmer Mac’s Senior Vice President - Operations since March 2021, after having served as Vice President - Enterprise Risk Officer since joining Farmer Mac in December, 2018. Mr. Maines has over 30 years of experience in financial services in a variety of executive positions. Mr. Maines graduated from the University of Delaware with a Bachelor of Science degree in Economics.
There are no arrangements or understandings between Mr. Maines and any other persons pursuant to which Mr. Maines was appointed as the Chief Operations Officer of Farmer Mac, nor are there any family relationships between Mr. Maines and any of Farmer Mac’s directors or executive officers. There are no transactions in which Mr. Maines has an interest requiring disclosure under Item 404(a) of Regulation S-K.
In connection with Mr. Maines appointment as Farmer Mac’s Executive Vice President - Chief Operations Officer, the Board approved an increase in his annual salary to $440,000, as of the Effective Date. Mr. Maines will be considered for grants of equity-based, long-term incentive compensation in 2027 at the same time that those grants are considered for Farmer Mac’s other executive officers. The target value of that award shall be not less than $225,000. Mr. Maines will be eligible to participate in Farmer Mac’s amended and restated executive severance plan.
Item 7.01Item 7.01 - Regulation FD Disclosure
Item 7.01 Regulation FD Disclosure.
On August 13, 2026, Farmer Mac issued a press release to announce the appointment of Nader Pasdar as its Executive Vice President - Chief Business Officer starting August 17, 2026. A copy of the press release is attached to this report as Exhibit 99. All references to www.farmermac.com in Exhibit 99 are inactive textual references only, and the information contained on Farmer Mac’s website is not incorporated by reference into this report.
The information furnished in this Item 7.01, including Exhibit 99, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), or otherwise subject to the liabilities of that Section, nor will any of such information or portion of the Exhibit be deemed incorporated by reference into any filing under the Exchange Act or the Securities Act of 1933, as amended, except as shall be expressly set forth by specific reference in such filing.