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    Federal Agricultural Mortgage Corporation filed SEC Form 8-K: Regulation FD Disclosure, Financial Statements and Exhibits

    2/7/25 8:31:10 AM ET
    $AGM
    Finance Companies
    Finance
    Get the next $AGM alert in real time by email
    agm-20250207
    0000845877falseX100008458772025-02-072025-02-070000845877us-gaap:CommonClassAMember2025-02-072025-02-070000845877us-gaap:CommonClassCMember2025-02-072025-02-070000845877us-gaap:SeriesDPreferredStockMember2025-02-072025-02-070000845877us-gaap:SeriesEPreferredStockMember2025-02-072025-02-070000845877us-gaap:SeriesFPreferredStockMember2025-02-072025-02-070000845877us-gaap:SeriesGPreferredStockMember2025-02-072025-02-07

    UNITED STATES
    SECURITIES AND EXCHANGE COMMISSION
    Washington, D.C. 20549
    ________________

    FORM 8-K

    CURRENT REPORT
    PURSUANT TO SECTION 13 OR 15(d) OF THE
    SECURITIES EXCHANGE ACT OF 1934

    Date of Report (Date of earliest event reported): February 7, 2025

    FEDERAL AGRICULTURAL MORTGAGE CORPORATION
    (Exact name of registrant as specified in its charter)
    Federally chartered instrumentality
    of the United States
    001-1495152-1578738
    (State or Other Jurisdiction
    of Incorporation)
    (Commission
    File Number)
    (IRS Employer Identification No.)
    2100 Pennsylvania Avenue, N.W., Suite 450N, 20037
    Washington,DC
    (Address of Principal Executive Offices)(Zip Code)
    Registrant’s telephone number, including area code (202) 872-7700
    No change
    (Former name or former address, if changed since last report) 

    Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
    ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
    ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
    ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
    ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))




    Securities registered pursuant to Section 12(b) of the Act:
    Title of each classTrading symbol Exchange on which registered
    Class A voting common stockAGM.ANew York Stock Exchange
    Class C non-voting common stockAGM New York Stock Exchange
    5.700% Non-Cumulative Preferred Stock, Series DAGM.PRDNew York Stock Exchange
    5.750% Non-Cumulative Preferred Stock, Series EAGM.PRENew York Stock Exchange
    5.250% Non-Cumulative Preferred Stock, Series FAGM.PRFNew York Stock Exchange
    4.875% Non-Cumulative Preferred Stock, Series GAGM.PRGNew York Stock Exchange
    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (17 CFR §230.405) or Rule 12b-2 of the Securities Exchange Act of 1934 (17 CFR §240.12b-2). Emerging growth company ☐
    If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐







    Item 7.01. Regulation FD Disclosure.

    On February 7, 2025, the Federal Agricultural Mortgage Corporation (“Farmer Mac”) announced that Roy H. Tiarks, a member of Farmer Mac’s Board of Directors (“Board”), died on February 4, 2025, at the age of 74. Mr. Tiarks joined Farmer Mac’s Board in May 2021 as a member elected by the holders of Farmer Mac’s Class B voting common stock. At the time of Mr. Tiarks’ death, he had been serving as chair of the Board’s Enterprise Risk Committee and as a member of the Board’s Business Development and Business Strategy Committee and the Board’s Credit Committee. Farmer Mac's announcement on its public website (www.farmermac.com) includes a tribute to Mr. Tiarks. All references to www.farmermac.com in this report are inactive textual references only, and the information contained on Farmer Mac’s website is not incorporated by reference in this report.

    Farmer Mac’s statutory charter authorizes, but does not require, the Board to fill the vacancy for the unexpired portion of Mr. Tiarks’ term that ends in May 2025. The Board plans to meet in the near future to discuss the possibility of filling the vacancy before Farmer Mac’s next annual meeting of stockholders in May, at which Mr. Tiarks’ Board seat will be filled by a vote of the holders of Class B voting common stock.

    The information furnished in this Item 7.01 (including the reference to Farmer Mac's public website) shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (“Exchange Act”), or otherwise subject to the liabilities of that Section, nor shall any of such information or portion of Farmer Mac's public website be deemed incorporated by reference in 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.


    Item 9.01.        Financial Statements and Exhibits.

    (d)    Exhibits
     
        
    104Cover Page Inline Interactive Data File - the cover page interactive data file does not appear in the Interactive Data File because its XBRL tags are embedded within the Inline XBRL document.





    SIGNATURES

    Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.



    FEDERAL AGRICULTURAL MORTGAGE CORPORATION                    


                            By: /s/ Stephen P. Mullery            
                             Name: Stephen P. Mullery
                             Title: Executive Vice President – General Counsel

    Dated: February 7, 2025


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