Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-05-18

Federal Agricultural Mortgage (AGM)

Compensation figures for fiscal year 2025 are temporarily unavailable — recheck shortly. executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.

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Top executive total, FY2025
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CEO pay percentile vs peers
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CEO-to-median pay ratio
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Say-on-pay support, latest vote

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Companies that benchmark against AGM

The list of companies that name AGM as a peer is temporarily unavailable — recheck shortly.

01c

Board of directors

One page per director: the seat, the committees and the fee table, read for one person at a time.

DirectorRoleFY2025 total
Amy H. GalesIndependent Director$157,604
Charles A. StonesIndependent Director$165,104
Chester J. CulverFormer director (through FY2025)$138,759
Daniel L. ShawIndependent Director$121,980
Eric T. Mc KissackIndependent Director$157,041
James R. EngebretsenIndependent Director$153,208
Jeffrey L. PlaggeIndependent Director$146,695
Kevin G. RielIndependent Director$146,695
LaJuana S. WilcherIndependent Director$172,604
Lowell L. JunkinsChair of the Board$197,604
Mitchell A. JohnsonIndependent Director$147,604
Richard H. DavidsonIndependent Director$157,041
Robert G. SextonIndependent Director$147,604
Roy H. TiarksFormer director (through FY2025)$9,965
Sara L. FaivreIndependent Director$157,604
Todd P. WareIndependent Director$162,604
02

Equity transactions since the proxy statement was filed

No insider equity transactions reported since the proxy statement.

03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Gregory N. RamseyPSU2025-03-06—402—402$81,208
Matthew M. PullinsPSU2025-12-11—1,491—1,491275,149
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Gregory N. Ramsey$0$81,208$0100.0%
Matthew M. Pullins0275,1490100.0%

% performance-vested = PSU grant-date fair value ÷ (RSU + PSU + Options), a computed value with the derivation shown in the register.

06

Say-on-pay — recent advisory votes

Say-on-pay vote history is temporarily unavailable — recheck shortly.

10

Disclosed peer group — fiscal year 2025

The compensation peer group as the company disclosed it in its own proxy — the reference set behind the percentile above.

FFIN First Financial Bankshares, Inc.GBCI Glacier Bancorp, Inc.CBSH Commerce Bancshares, Inc.FIBK First Interstate BancSystem, Inc.FULT Fulton Financial CorporationPB Prosperity Bancshares, Inc.UMBF UMB Financial CorporationHTLF Heartland Financial USA, Inc.CBSH Commerce Bancshares, Inc.TRMK Trustmark CorporationONB Old National BancorpSFNC Simmons First National CorporationFIBK First Interstate BancSystem, Inc.ONB Old National BancorpFFIN First Financial Bankshares, Inc.FULT Fulton Financial CorporationPB Prosperity Bancshares, Inc.FRME First Merchants CorporationUMBF UMB Financial Corporation AgFirst Farm Credit BankHTLF Heartland Financial USA, Inc.UCB United Community Banks, Inc.GBCI Glacier Bancorp, Inc.PNFP Pinnacle Financial Partners, Inc. AgFirst Farm Credit BankFRME First Merchants CorporationPNFP Pinnacle Financial Partners, Inc.SFNC Simmons First National CorporationTRMK Trustmark CorporationUCB United Community Banks, Inc.
10a

Peer reciprocity

Of the companies Federal Agricultural Mortgage names as compensation peers, which name it back in their own disclosed peer groups. A peer set the market reciprocates reads differently from one selected in a single direction.

First Financial Bankshares, Inc. (FFIN) Glacier Bancorp, Inc. (GBCI) Commerce Bancshares, Inc. (CBSH) First Interstate BancSystem, Inc. (FIBK) Fulton Financial Corporation (FULT) Prosperity Bancshares, Inc. (PB) UMB Financial Corporation (UMBF) Heartland Financial USA, Inc. (HTLF) Trustmark Corporation (TRMK) Old National Bancorp (ONB) Simmons First National Corporation (SFNC) First Merchants Corporation (FRME) United Community Banks, Inc. (UCB) Pinnacle Financial Partners, Inc. (PNFP)

Reciprocity shown where the peer's own current proxy has been read — each mark is cited in the register to that peer's filing. A dash means the peer's current proxy was read and names no reciprocal group including Federal Agricultural Mortgage.

10b

Chief executive pay against the peer group

Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.

RankCompanyFYChief executiveSalaryStock awardsOption awardsNon-equity incentiveTotal
—First Financial Bankshares, Inc.——————not in coverage universe
—Glacier Bancorp, Inc.——————not in coverage universe
—Commerce Bancshares, Inc.——————not in coverage universe
—First Interstate BancSystem, Inc.——————not in coverage universe
—Fulton Financial Corporation——————not in coverage universe
—Prosperity Bancshares, Inc.——————not in coverage universe
—UMB Financial Corporation——————not in coverage universe
—Heartland Financial USA, Inc.——————not in coverage universe
—Trustmark Corporation——————not in coverage universe
—Old National Bancorp——————not in coverage universe
—Simmons First National Corporation——————not in coverage universe
—First Merchants Corporation——————not in coverage universe
—United Community Banks, Inc.——————not in coverage universe
—Pinnacle Financial Partners, Inc.——————not in coverage universe

Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.

10c

Incentive design against the same peers

CompanyAnnual incentive payoutLong-term vehicle mixPSU measures include TSRCompensation consultant
Federal Agricultural Mortgagenot disclosednot disclosednot disclosednot disclosed
Commerce Bancshares, Inc.not disclosednot disclosednot disclosednot disclosed
First Financial Bankshares, Inc.not disclosednot disclosednot disclosednot disclosed
First Interstate BancSystem, Inc.not disclosednot disclosednot disclosednot disclosed
First Merchants Corporationnot disclosednot disclosednot disclosednot disclosed
Fulton Financial Corporationnot disclosednot disclosednot disclosednot disclosed
Glacier Bancorp, Inc.not disclosednot disclosednot disclosednot disclosed
Heartland Financial USA, Inc.not disclosednot disclosednot disclosednot disclosed
Old National Bancorpnot disclosednot disclosednot disclosednot disclosed
Pinnacle Financial Partners, Inc.not disclosednot disclosednot disclosednot disclosed
Prosperity Bancshares, Inc.not disclosednot disclosednot disclosednot disclosed
Simmons First National Corporationnot disclosednot disclosednot disclosednot disclosed
Trustmark Corporationnot disclosednot disclosednot disclosednot disclosed
UMB Financial Corporationnot disclosednot disclosednot disclosednot disclosed
United Community Banks, Inc.not disclosednot disclosednot disclosednot disclosed

Read from each company's Compensation Discussion and Analysis: annual incentive payout as a percentage of target, the disclosed long-term vehicle mix, whether performance-share measures include a total shareholder return component, and the retained compensation consultant. “Not disclosed” appears only where the company's filing does not state the item.

10d

Frequently asked questions

Who was the highest-paid executive at Federal Agricultural Mortgage in fiscal 2025?
Federal Agricultural Mortgage's highest-paid executive for fiscal 2025 is temporarily unavailable.
How does Federal Agricultural Mortgage's chief executive pay compare to its disclosed peer group?
The chief executive's pay percentile against Federal Agricultural Mortgage's disclosed peer group is temporarily unavailable.
What is Federal Agricultural Mortgage's CEO-to-median employee pay ratio?
Federal Agricultural Mortgage's CEO-to-median employee pay ratio is temporarily unavailable.
How did shareholders vote on Federal Agricultural Mortgage's executive compensation?
The shareholder vote on Federal Agricultural Mortgage's executive compensation is temporarily unavailable.
How much does Federal Agricultural Mortgage spend in total on board compensation for fiscal 2025?
Federal Agricultural Mortgage's total board compensation for fiscal 2025 is temporarily unavailable.

Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.

11

Source register

Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.

#SupportsDocumentFiledAccessionLocation in document
1Section 03, Gregory N. Ramsey PSUDEF 14A2026-04-130000845877-26-000078Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
2Section 03, Matthew M. Pullins PSUDEF 14A2026-04-130000845877-26-000078Section “Executive Compensation” · grants of plan-based awards table. Filing ↗
3Section 06, 2026 voteForm 8-K2026-05-180000845877-26-000106Item 5.07 · say-on-pay result. As reported: 90.02% (votes for as printed: 918,463). Filing ↗
4Section 06, 2025 voteForm 8-K2025-05-210000845877-25-000164Item 5.07 · say-on-pay result. As reported: 99.56% (votes for as printed: 923,560). Filing ↗
5Section 06, 2024 voteForm 8-K2024-05-210000845877-24-000163Item 5.07 · say-on-pay result. As reported: 99.92% (votes for as printed: 950,849). Filing ↗
6Section 03b vehicle mix (computed)Computed——RSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio

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