The latest announcement is out from Federal Agricultural Mortgage Corp. (AGM).
Recently, the Federal Agricultural Mortgage Corporation (Farmer Mac) approved salary increases and equity-based incentives for its executive team, reflecting its commitment to rewarding performance and leadership. The executive officers received salary hikes effective January 1, 2024, with increases ranging from $15,000 to $25,000. Additionally, the company granted stock appreciation rights (SARs) and restricted stock units (RSUs) to executives and directors, vesting over several years and tied to performance metrics such as earnings and business volume. These financial incentives are designed to align executive rewards with the company’s long-term success and shareholder value.
Learn more about AGM stock on TipRanks’ Stock Analysis page.