Serena Wolfe - Feb 1, 2025 Form 4 Insider Report for ANNALY CAPITAL MANAGEMENT INC (NLY)

Role
Chief Financial Officer
Signature
/s/ Anthony C. Green, as Attorney-in-Fact for Serena Wolfe
Stock symbol
NLY
Transactions as of
Feb 1, 2025
Transactions value $
$892,550
Form type
4
Date filed
2/4/2025, 06:06 PM
Previous filing
Dec 2, 2024
Next filing
Feb 27, 2025
SEC
View on sec.gov

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction NLY Common Stock Tax liability -$469K -23K -18.72% $20.41 99.8K Feb 1, 2025 Direct F1, F2
transaction NLY Common Stock Award $1.36M +66.7K +66.85% $20.41 167K Feb 1, 2025 Direct F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Represents shares surrendered to the issuer to satisfy a tax withholding obligation in connection with the vesting on February 1, 2025 of restricted stock unit ("RSU") awards previously granted on February 1, 2022, February 1, 2023 and February 1, 2024.
F2 Dividend equivalent units ("DEUs") issued on RSUs are included in the reporting person's common stock holding balance. Each DEU is the economic equivalent of one share of common stock of Annaly Capital Management, Inc. and payable in one share for each whole DEU.
F3 Represents RSUs granted pursuant to the Annaly Capital Management, Inc. 2020 Equity Incentive Plan. Each RSU represents a contingent right to receive one share of common stock of Annaly Capital Management, Inc., par value $0.01 per share. The RSUs vest ratably over three years beginning on the one-year anniversary of the grant date (subject to accelerated vesting under certain circumstances).