Velarion · Company Intelligence
Compensation Brief
Fiscal year 2025 · Filings through 2026-07-02

Armour Residential REIT, Inc. (ARR)

Fiscal year 2025 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.

$985,200
Gordon Harper total, FY2025
Chief Financial Officer and Secretaryhighest-paid officer; CEO Scott Ulm: $0
CEO (Scott Ulm) pay percentile vs peers
CEO-to-median pay ratio
95.11%
Say-on-pay support, latest vote
Companies that benchmark against ARR
4 companies name ARR as a compensation peer

Each company listed discloses ARR in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ARR in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.

01

Summary Compensation Table — fiscal year 2025

Named executive officerSalaryBonusStock awardsOption awardsNon-equity incentivePension / NQDCAll otherTotal
Gordon Harper$0$0$985,200$0$0$0$0$985,200
Chief Financial Officer and Secretary
Sergey Losyev00492,6000000492,600
Co-Chief Investment Officer
Desmond Macauley00492,6000000492,600
Co-Chief Investment Officer and Head of Risk Management
Scott Ulm00000000
Chief Executive Officer and Vice Chairman

A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.

Three-year trend — total compensation per named executive

Named executive officerFY2025 totalFY2024 totalFY2023 totalΔ FY20242025
Gordon Harper$985,200$418,139$498,120+567,061
Sergey Losyev492,600
Desmond Macauley492,600
Scott Ulm0150,0001,660,400−150,000

Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.

02

Equity transactions since the proxy statement was filed

Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.

InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Stewart J. PaperinDirector2026-04-01A989$17$16,497CommonForm 4 ↗
Carolyn DowneyDirector2026-04-01A9891716,497CommonForm 4 ↗
John P. Hollihan, IIIDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Carolyn DowneyDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Daniel C. StatonDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Stewart J. PaperinDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Z. Jamie BeharDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Marc H. BellDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Robert C. HainDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Dividend-equivalent accruals2026-05-2117,2609 insiders, 11 accrual rows
Scott UlmDirector2026-05-21D3,38000Derivative, Class A CommonForm 4 ↗
Gordon HarperCFO2026-05-21D4,00000Derivative, Class A CommonForm 4 ↗
Sergey LosyevCo-Chief Investment Officer2026-05-21D281164,628CommonForm 4 ↗
Carolyn DowneyDirector2026-05-21A1,90000CommonForm 4 ↗
Carolyn DowneyDirector2026-05-21D9501615,647CommonForm 4 ↗
Daniel C. StatonDirector2026-05-21A1,90000CommonForm 4 ↗
Daniel C. StatonDirector2026-05-21A48000CommonForm 4 ↗
Sergey LosyevCo-Chief Investment Officer2026-05-21A1,50000CommonForm 4 ↗
Desmond MacauleyCo-Chief Investment Officer2026-05-21D389166,407CommonForm 4 ↗
Scott UlmDirector2026-05-21A3,38000CommonForm 4 ↗
Scott UlmDirector2026-05-21D1,3521622,267CommonForm 4 ↗
Gordon HarperCFO2026-05-21D1,3211621,757CommonForm 4 ↗
Robert C. HainDirector2026-05-21A1,90000CommonForm 4 ↗
Stewart J. PaperinDirector2026-05-21A1,90000CommonForm 4 ↗
Marc H. BellDirector2026-05-21A1,90000CommonForm 4 ↗
Marc H. BellDirector2026-05-21A48000CommonForm 4 ↗
Desmond MacauleyCo-Chief Investment Officer2026-05-21A1,50000CommonForm 4 ↗
Gordon HarperCFO2026-05-21A4,00000CommonForm 4 ↗
John P. Hollihan, IIIDirector2026-05-21D7601612,517CommonForm 4 ↗
John P. Hollihan, IIIDirector2026-05-21A1,90000CommonForm 4 ↗
Z. Jamie BeharDirector2026-05-21A1,90000CommonForm 4 ↗
Robert C. HainDirector2026-05-21D9501615,647CommonForm 4 ↗
Gordon HarperCFO2026-06-16A75,00000Derivative, Class A CommonForm 4 ↗
Scott UlmDirector2026-06-16A150,00000Derivative, Class A CommonForm 4 ↗
Desmond MacauleyCo-Chief Investment Officer2026-06-16A50,00000Derivative, Class A CommonForm 4 ↗
Sergey LosyevCo-Chief Investment Officer2026-06-16A50,00000Derivative, Class A CommonForm 4 ↗
Stewart J. PaperinDirector2026-07-01A9451716,490CommonForm 4 ↗
Carolyn DowneyDirector2026-07-01A9451716,490CommonForm 4 ↗

Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.

View all 48 transactions
InsiderRoleTransaction dateCodeSharesPriceValueSecuritySource
Stewart J. PaperinDirector2026-04-01A989$17$16,497CommonForm 4 ↗
Carolyn DowneyDirector2026-04-01A9891716,497CommonForm 4 ↗
John P. Hollihan, IIIDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Carolyn DowneyDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Daniel C. StatonDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Stewart J. PaperinDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Z. Jamie BeharDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Marc H. BellDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Robert C. HainDirector2026-05-19A17,14000Derivative, Class A CommonForm 4 ↗
Desmond MacauleyCo-Chief Investment Officer2026-05-21D1,50000Derivative, Class A CommonForm 4 ↗
Scott UlmDirector2026-05-21D3,38000Derivative, Class A CommonForm 4 ↗
Gordon HarperCFO2026-05-21D4,00000Derivative, Class A CommonForm 4 ↗
Sergey LosyevCo-Chief Investment Officer2026-05-21D281164,628CommonForm 4 ↗
Robert C. HainDirector2026-05-21D1,90000Derivative, Class A CommonForm 4 ↗
Carolyn DowneyDirector2026-05-21A1,90000CommonForm 4 ↗
Carolyn DowneyDirector2026-05-21D9501615,647CommonForm 4 ↗
Carolyn DowneyDirector2026-05-21D1,90000Derivative, Class A CommonForm 4 ↗
Stewart J. PaperinDirector2026-05-21D1,90000Derivative, Class A CommonForm 4 ↗
Marc H. BellDirector2026-05-21D48000Derivative, Class A CommonForm 4 ↗
Daniel C. StatonDirector2026-05-21A1,90000CommonForm 4 ↗
Daniel C. StatonDirector2026-05-21A48000CommonForm 4 ↗
Daniel C. StatonDirector2026-05-21D48000Derivative, Class A CommonForm 4 ↗
Sergey LosyevCo-Chief Investment Officer2026-05-21A1,50000CommonForm 4 ↗
Sergey LosyevCo-Chief Investment Officer2026-05-21D1,50000Derivative, Class A CommonForm 4 ↗
Desmond MacauleyCo-Chief Investment Officer2026-05-21D389166,407CommonForm 4 ↗
Scott UlmDirector2026-05-21A3,38000CommonForm 4 ↗
Scott UlmDirector2026-05-21D1,3521622,267CommonForm 4 ↗
Gordon HarperCFO2026-05-21D1,3211621,757CommonForm 4 ↗
John P. Hollihan, IIIDirector2026-05-21D1,90000Derivative, Class A CommonForm 4 ↗
Robert C. HainDirector2026-05-21A1,90000CommonForm 4 ↗
Stewart J. PaperinDirector2026-05-21A1,90000CommonForm 4 ↗
Marc H. BellDirector2026-05-21A1,90000CommonForm 4 ↗
Marc H. BellDirector2026-05-21A48000CommonForm 4 ↗
Desmond MacauleyCo-Chief Investment Officer2026-05-21A1,50000CommonForm 4 ↗
Gordon HarperCFO2026-05-21A4,00000CommonForm 4 ↗
John P. Hollihan, IIIDirector2026-05-21D7601612,517CommonForm 4 ↗
John P. Hollihan, IIIDirector2026-05-21A1,90000CommonForm 4 ↗
Z. Jamie BeharDirector2026-05-21A1,90000CommonForm 4 ↗
Z. Jamie BeharDirector2026-05-21D1,90000Derivative, Class A CommonForm 4 ↗
Robert C. HainDirector2026-05-21D9501615,647CommonForm 4 ↗
Marc H. BellDirector2026-05-21D1,90000Derivative, Class A CommonForm 4 ↗
Daniel C. StatonDirector2026-05-21D1,90000Derivative, Class A CommonForm 4 ↗
Gordon HarperCFO2026-06-16A75,00000Derivative, Class A CommonForm 4 ↗
Scott UlmDirector2026-06-16A150,00000Derivative, Class A CommonForm 4 ↗
Desmond MacauleyCo-Chief Investment Officer2026-06-16A50,00000Derivative, Class A CommonForm 4 ↗
Sergey LosyevCo-Chief Investment Officer2026-06-16A50,00000Derivative, Class A CommonForm 4 ↗
Stewart J. PaperinDirector2026-07-01A9451716,490CommonForm 4 ↗
Carolyn DowneyDirector2026-07-01A9451716,490CommonForm 4 ↗
03

Grants of plan-based awards — fiscal year 2025

ExecutiveAwardGrant dateThresholdTargetGrantedMaximumGrant-date fair value
Gordon HarperRSU2025-04-2860,000$985,200
Sergey LosyevRSU2025-04-2830,000492,600
Desmond MacauleyRSU2025-04-2830,000492,600
03b

Vehicle mix — grant-date fair value by award type

Named executive officerTime-vested (RSU)Performance-vested (PSU)Options / SARs% performance-vested
Gordon Harper$985,200$0$00.0%
Sergey Losyev492,600000.0%
Desmond Macauley492,600000.0%

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

04

Outstanding equity awards at fiscal year-end 2025

ExecutiveAwardShares unvestedExercise priceMarket value unvested
Desmond MacauleyRSU25,500$451,095
Gordon HarperRSU62,6001,107,394
Scott UlmRSU40,250712,023
Sergey LosyevRSU25,500451,095
05

Incentive-plan design — the Compensation Discussion & Analysis

Our success is dependent, in large part, on our ability through our Management Agreement with ACM and our equity incentive program to attract, motivate and retain high-performing executives who are committed to our core values of stockholder value, prudent risk-taking and integrity. The REIT and mortgage investment industry is highly competitive and attracting and retaining experienced professionals represents a comparative advantage.

CEO STI target (% of salary)
CEO LTI target (% of salary)
Independent consultantnot disclosed
Clawback policyTrue
Anti-hedgingTrue
Anti-pledgingTrue
06

Say-on-pay — recent advisory votes

Meeting yearMeeting dateForAgainstAbstainSupportOutcome
20262026-04-3048,910,1622,512,562885,15195.11%Passed
20252025-05-0130,458,0511,831,404574,20594.33%Passed
20242024-05-3116,022,5042,581,299450,02986.12%Passed
20232023-05-0471,782,3706,243,7281,538,53592%Passed
20222022-04-2834,214,7457,300,915845,23682.41%Passed
20212021-05-1331,893,3952,593,863478,08192.48%Passed

Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.

Say-on-pay — history, company's computation

Meeting yearMeeting dateApproval — company's computation
20262026-04-3095.11%a
20252025-05-0194.33%b
20242024-05-3186.12%c

a. Voting standard not stated in the filing.

b. Voting standard not stated in the filing.

c. Voting standard not stated in the filing.

Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.

07

CEO pay ratio

Ratio (CEO : median employee)
CEO total compensation
Median employee compensation
08

Director compensation — fiscal year 2025

DirectorCash feesStock awardsOption awardsNon-equity incentiveAll otherTotal
Stewart J. PaperinIndependent · Audit (Chair) · Compensation$136,000$216,898$0$0$66,000$418,898
John P. Hollihan, IIIIndependent · Audit · Nominating and Corporate Governance202,000216,898000418,898
Robert C. HainIndependent · Audit · Compensation (Chair)192,000216,898000408,898
Z. Jamie BeharIndependent · Audit · Compensation · Nominating and Corporate Governance (Co-Chair)179,500216,898000396,398
Carolyn DowneyIndependent · Nominating and Corporate Governance (Co-Chair)78,500216,8980066,000361,398
Marc H. BellNot independent000000
Daniel C. StatonNot independent · Board Chair000000
Scott J. UlmEmployee director00000
09

Board fee structure and ownership guideline

Annual cash retainer$132,000
Annual equity retainer$216,898
Per board meeting fee
Committee chair fees (audit / comp / nom-gov)35,000 / 25,000 / 8,785
Stock ownership guideline
09b

Total cost of the board

ComponentFY2025
Cash retainers and fees$788,000
Equity awards (grant-date value)$1,084,490
All other compensation$132,000
Total cost of the board$2,004,490

Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.

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.

10a

Peer reciprocity

Of the companies Armour Residential REIT, Inc. 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.

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 Armour Residential REIT, Inc..

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
1Annaly Capital Management, Inc.2025David Finkelstein$1,000,000$9,483,629$0$0$19,270,629
2AGNC Investment Corp.2025Peter Federico900,0005,750,000014,208,500
3Dynex Capital, Inc.2025Byron Boston900,0003,122,24803,192,4807,771,011
4Two Harbors Investment Corp.2024William Greenberg919,0383,066,56101,799,6805,785,279
5Orchid Island Capital2025Robert Cauley00000
6Armour Residential REIT, Inc.2025Scott Ulm00000
Invesco Mortgage Capital, 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
Armour Residential REIT, Inc.not disclosedRSU 100not disclosednot disclosed
AGNC Investment Corp.not disclosedPSU 67 · RSU 33NoFW Cook
Annaly Capital Management, Inc.142%PSU 60 · RSU 40NoSemler Brossy
Dynex Capital, Inc.355%PSU 60 · RSU 40NoFPC
Invesco Mortgage Capital, Inc.not disclosedOther 100not disclosedFerguson Partners Consulting L.P.
Orchid Island Capitalnot disclosedOther 50 · LTIP Units 50Nonot disclosed
Two Harbors Investment Corp.94.7%PSU 50 · RSU 50Yes — Three-year Absolute TSRPay Governance LLC

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.

FAQ

Frequently asked questions

Who was the highest-paid executive at Armour Residential REIT, Inc. in fiscal 2025?
The highest-paid executive at Armour Residential REIT, Inc. in fiscal 2025 was Gordon Harper, Chief Financial Officer and Secretary, with total compensation of $985,200.
How does Armour Residential REIT, Inc.'s chief executive pay compare to its disclosed peer group?
The CEO pay percentile of disclosed peers is not disclosed in this extract.
What is Armour Residential REIT, Inc.'s CEO-to-median employee pay ratio?
The CEO-to-median employee pay ratio is not disclosed in this extract.
How did shareholders vote on Armour Residential REIT, Inc.'s executive compensation?
Shareholders voted 95.11% in support of the executive compensation plan.
How much does Armour Residential REIT, Inc. spend in total on board compensation for fiscal 2025?
The total board compensation for fiscal 2025 was $2,004,490.

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 01, Gordon HarperDEF 14A2026-03-190001428205-26-000040Section “2025 Summary Compensation Table”. As printed: 985,200. Filing ↗machine: r8 · c5 · span 414496–414503
2Section 01, Sergey LosyevDEF 14A2026-03-190001428205-26-000040Section “2025 Summary Compensation Table”. As printed: 492,600. Filing ↗machine: t10 · r17 · c5 · span 421388–421395
3Section 01, Desmond MacauleyDEF 14A2026-03-190001428205-26-000040Section “2025 Summary Compensation Table”. As printed: 492,600. Filing ↗machine: t10 · r14 · c5 · span 418246–418253
4Section 01, Scott UlmDEF 14A2026-03-190001428205-26-000040Section “2025 Summary Compensation Table” · page 36. As printed: 0. Filing ↗
5Section 03, Gordon Harper RSUDEF 14A2026-03-190001428205-26-000040Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t14 · r4 · c5 · span 613707–613714
6Section 03, Sergey Losyev RSUDEF 14A2026-03-190001428205-26-000040Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t14 · r6 · c5 · span 616545–616552
7Section 03, Desmond Macauley RSUDEF 14A2026-03-190001428205-26-000040Section “2025 Grants of Plan-Based Awards” · grants of plan-based awards table. Filing ↗machine: t14 · r5 · c5 · span 615142–615149
8Section 07, pay ratioDEF 14A2026-03-190001428205-26-000040Section “CEO Pay Ratio”. As printed: —. Filing ↗
9Section 08, Stewart J. PaperinDEF 14A2026-03-190001428205-26-000040Section “Director Compensation”. As printed: 418,898. Filing ↗machine: t6 · r8 · c15 · span 304362–304369
10Section 08, John P. Hollihan, IIIDEF 14A2026-03-190001428205-26-000040Section “Director Compensation”. As printed: 418,898. Filing ↗machine: t6 · r7 · c15 · span 301688–301695
11Section 08, Robert C. HainDEF 14A2026-03-190001428205-26-000040Section “Director Compensation”. As printed: 408,898. Filing ↗machine: t6 · r6 · c15 · span 299010–299017
12Section 08, Z. Jamie BeharDEF 14A2026-03-190001428205-26-000040Section “Director Compensation”. As printed: 396,398. Filing ↗machine: t6 · r4 · c15 · span 293670–293677
13Section 08, Carolyn DowneyDEF 14A2026-03-190001428205-26-000040Section “Director Compensation”. As printed: 361,398. Filing ↗machine: t6 · r5 · c15 · span 296339–296346
14Section 08, Marc H. BellDEF 14A2026-03-190001428205-26-000040Section “Director Compensation”. As printed: 0. Filing ↗
15Section 08, Daniel C. StatonDEF 14A2026-03-190001428205-26-000040Section “Director Compensation”. As printed: 0. Filing ↗
16Section 08, Scott J. UlmDEF 14A2026-03-190001428205-26-000040Section “Director Compensation”. As printed: 0. Filing ↗
17Section 02, Stewart J. Paperin 2026-04-01Form 42026-04-030001207637-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
18Section 02, Carolyn Downey 2026-04-01Form 42026-04-030001455810-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
19Section 02, John P. Hollihan, III 2026-05-19Form 42026-05-210001248587-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
20Section 02, Carolyn Downey 2026-05-19Form 42026-05-210001455810-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
21Section 02, Daniel C. Staton 2026-05-19Form 42026-05-210001024240-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
22Section 02, Stewart J. Paperin 2026-05-19Form 42026-05-210001207637-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
23Section 02, Z. Jamie Behar 2026-05-19Form 42026-05-210001306260-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
24Section 02, Marc H. Bell 2026-05-19Form 42026-05-210001026915-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
25Section 02, Robert C. Hain 2026-05-19Form 42026-05-210001377714-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
26Section 02, Desmond Macauley 2026-05-21Form 42026-05-260002016620-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
27Section 02, Scott Ulm 2026-05-21Form 42026-05-260001469064-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
28Section 02, Gordon Harper 2026-05-21Form 42026-05-260001698344-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
29Section 02, Sergey Losyev 2026-05-21Form 42026-05-260002016863-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
30Section 02, Robert C. Hain 2026-05-21Form 42026-05-260001377714-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
31Section 02, Carolyn Downey 2026-05-21Form 42026-05-260001455810-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
32Section 02, Carolyn Downey 2026-05-21Form 42026-05-260001455810-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
33Section 02, Carolyn Downey 2026-05-21Form 42026-05-260001455810-26-000009Insider equity transaction reported since the proxy statement. Filing ↗
34Section 02, Stewart J. Paperin 2026-05-21Form 42026-05-260001207637-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
35Section 02, Marc H. Bell 2026-05-21Form 42026-05-260001026915-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
36Section 02, Daniel C. Staton 2026-05-21Form 42026-05-260001024240-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
37Section 02, Daniel C. Staton 2026-05-21Form 42026-05-260001024240-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
38Section 02, Daniel C. Staton 2026-05-21Form 42026-05-260001024240-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
39Section 02, Sergey Losyev 2026-05-21Form 42026-05-260002016863-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
40Section 02, Sergey Losyev 2026-05-21Form 42026-05-260002016863-26-000005Insider equity transaction reported since the proxy statement. Filing ↗
41Section 02, Desmond Macauley 2026-05-21Form 42026-05-260002016620-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
42Section 02, Scott Ulm 2026-05-21Form 42026-05-260001469064-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
43Section 02, Scott Ulm 2026-05-21Form 42026-05-260001469064-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
44Section 02, Gordon Harper 2026-05-21Form 42026-05-260001698344-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
45Section 02, John P. Hollihan, III 2026-05-21Form 42026-05-260001248587-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
46Section 02, Robert C. Hain 2026-05-21Form 42026-05-260001377714-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
47Section 02, Stewart J. Paperin 2026-05-21Form 42026-05-260001207637-26-000010Insider equity transaction reported since the proxy statement. Filing ↗
48Section 02, Marc H. Bell 2026-05-21Form 42026-05-260001026915-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
49Section 02, Marc H. Bell 2026-05-21Form 42026-05-260001026915-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
50Section 02, Desmond Macauley 2026-05-21Form 42026-05-260002016620-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
51Section 02, Gordon Harper 2026-05-21Form 42026-05-260001698344-26-000004Insider equity transaction reported since the proxy statement. Filing ↗
52Section 02, John P. Hollihan, III 2026-05-21Form 42026-05-260001248587-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
53Section 02, John P. Hollihan, III 2026-05-21Form 42026-05-260001248587-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
54Section 02, Z. Jamie Behar 2026-05-21Form 42026-05-260001306260-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
55Section 02, Z. Jamie Behar 2026-05-21Form 42026-05-260001306260-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
56Section 02, Robert C. Hain 2026-05-21Form 42026-05-260001377714-26-000008Insider equity transaction reported since the proxy statement. Filing ↗
57Section 02, Marc H. Bell 2026-05-21Form 42026-05-260001026915-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
58Section 02, Daniel C. Staton 2026-05-21Form 42026-05-260001024240-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
59Section 02, Gordon Harper 2026-06-16Form 42026-06-180001698344-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
60Section 02, Scott Ulm 2026-06-16Form 42026-06-180001469064-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
61Section 02, Desmond Macauley 2026-06-16Form 42026-06-180002016620-26-000006Insider equity transaction reported since the proxy statement. Filing ↗
62Section 02, Sergey Losyev 2026-06-16Form 42026-06-180002016863-26-000007Insider equity transaction reported since the proxy statement. Filing ↗
63Section 02, Stewart J. Paperin 2026-07-01Form 42026-07-020001207637-26-000012Insider equity transaction reported since the proxy statement. Filing ↗
64Section 02, Carolyn Downey 2026-07-01Form 42026-07-020001455810-26-000011Insider equity transaction reported since the proxy statement. Filing ↗
65Section 06, 2026 voteForm 8-K2026-04-300001428205-26-000063Item 5.07 · say-on-pay result. As reported: 95.11% (votes for as printed: 48,910,162). Filing ↗
66Section 06, 2025 voteForm 8-K2025-05-010001428205-25-000101Item 5.07 · say-on-pay result. As reported: 94.33% (votes for as printed: 30,458,051). Filing ↗
67Section 06, 2024 voteForm 8-K2024-05-310001428205-24-000132Item 5.07 · say-on-pay result. As reported: 86.12% (votes for as printed: 16,022,504). Filing ↗
68Section 01 trend, Δ column (computed)ComputedcomputedΔ = current-FY total − prior-FY total per named officer.machine: formula: Δ = FY(n) − FY(n−1)
69Section 03b vehicle mix (computed)ComputedcomputedRSU / PSU / Options grant-date fair values summed per officer from the grants table; % performance-vested = PSU ÷ (RSU+PSU+Options).machine: formula: sums + PSU ratio
70Section 09b board cost (computed)ComputedcomputedCash 788,000 + equity 1,084,490 + all other 132,000 = 2,004,490, summed across the director compensation table rows.machine: formula: Σ = 2,004,490
71Annaly Capital Management, Inc., Section 10b CEO totalDEF 14A2026-04-300001104659-26-052954CEO total compensation as printed in Annaly Capital Management, Inc.'s own proxy. As printed: 19,270,629. Filing ↗machine: t91 · r1 · c36 · span 1399922–1399932
72AGNC Investment Corp., Section 10b CEO totalDEF 14A2026-03-060001423689-26-000058CEO total compensation as printed in AGNC Investment Corp.'s own proxy. As printed: 14,208,500. Filing ↗machine: r2 · c18 · span 710764–710774
73Dynex Capital, Inc., Section 10b CEO totalDEF 14A2026-04-070001104659-26-040189CEO total compensation as printed in Dynex Capital, Inc.'s own proxy. As printed: 7,771,011. Filing ↗machine: t104 · r2 · c19 · span 1099489–1099498
74Two Harbors Investment Corp., Section 10b CEO totalDEF 14A2025-04-020001465740-25-000090CEO total compensation as printed in Two Harbors Investment Corp.'s own proxy. As printed: 5,785,279. Filing ↗machine: r2 · c42 · span 566941–566950
75Orchid Island Capital, Section 10b CEO totalDEF 14A2026-04-270001437749-26-013358CEO total compensation as printed in Orchid Island Capital's own proxy. As printed: 0. Filing ↗
76Armour Residential REIT, Inc. (subject), Section 10b CEO totalDEF 14A2026-03-190001428205-26-000040CEO total compensation as printed in Armour Residential REIT, Inc.'s own proxy. As printed: 0. Filing ↗
77Section 10a, Two Harbors Investment Corp. reciprocityDEF 14A0001465740-25-000090Two Harbors Investment Corp.'s most recent proxy was read; its disclosed peer group does not include Armour Residential REIT, Inc.. Filing ↗
78Section 10a, AGNC Investment Corp. reciprocityDEF 14A0001423689-26-000058AGNC Investment Corp. names Armour Residential REIT, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
79Section 10a, Annaly Capital Management, Inc. reciprocityDEF 14A0001104659-26-052954Annaly Capital Management, Inc.'s most recent proxy was read; its disclosed peer group does not include Armour Residential REIT, Inc.. Filing ↗
80Section 10a, Orchid Island Capital reciprocityDEF 14A0001437749-26-013358Orchid Island Capital names Armour Residential REIT, Inc. in its own disclosed peer group (read from its most recent proxy). Filing ↗
81Section 10a, Dynex Capital, Inc. reciprocityDEF 14A0001104659-26-040189Dynex Capital, Inc.'s most recent proxy was read; its disclosed peer group does not include Armour Residential REIT, Inc.. Filing ↗