Stewart J. Paperin - Dec 31, 2024 Form 4 Insider Report for Armour Residential REIT, Inc. (ARR)

Role
Director
Signature
/s/ Stewart J. Paperin
Stock symbol
ARR
Transactions as of
Dec 31, 2024
Transactions value $
-$450,309
Form type
4
Date filed
1/3/2025, 04:21 PM
Previous filing
Nov 22, 2024
Next filing
Feb 25, 2025

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction ARR Common Stock, par value $0.001 per share Sale -$467K -24.9K -98.56% $18.78 363 Dec 31, 2024 See Footnote F1, F2
transaction ARR Common Stock, par value $0.001 per share Award $16.5K +874 +240.77% $18.86 1.24K Jan 2, 2025 See Footnote F2, F3
holding ARR Common Stock, par value $0.001 per share 208 Dec 31, 2024 Direct
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 The price reported in Column 4 is a weighted average price. The shares were sold in multiple transactions at prices ranging from $18.78 to $18.795, inclusive. The reporting person undertakes to provide ARMOUR Residential REIT, Inc. any security holder of ARMOUR Residential REIT, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote.
F2 Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust.
F3 On January 2, 2025, the reporting person received 874 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 874 shares of stock represent the reporting person's election of stock compensation for the past quarter.