David L. Finkelstein - Feb 25, 2025 Form 4 Insider Report for ANNALY CAPITAL MANAGEMENT INC (NLY)

Role: CEO and Co-CIO, Director
Signature: /s/ Anthony C. Green, as Attorney-in-Fact for David L. Finkelstein
Stock symbol: NLY
Transactions as of: Feb 25, 2025
Transactions value $: -$2,637,841
Form type: 4
Date filed: 2/27/2025, 04:07 PM
Previous filing: Feb 11, 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	Award	$0	+220K	+30.92%	$0.00	933K	Feb 25, 2025	Direct	F1, F2
transaction	NLY	Common Stock	Tax liability	-$2.64M	-122K	-13.06%	$21.66	811K	Feb 25, 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 the number of shares of common stock issued upon the vesting of a Performance Stock Unit ("PSU") award, inclusive of dividend equivalent units ("DEUs").
F2	DEUs issued on Restricted Stock Units ("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 shares surrendered to the issuer to satisfy a tax withholding obligation in connection with the vesting of a PSU award previously granted on February 1, 2022.