MACAULEY DESMOND

PrivateCIK: 2016620
Location

VERO BEACH, FL

MACAULEY DESMOND (Co-Chief Investment Officer) exercised options at ARMOUR RESIDENTIAL REIT, INC.

Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.

M · 1 exercise
InsiderMACAULEY DESMONDCIK 2016620
Officer· Co-Chief Investment Officer
Since Feb 2026
-389.00
Net shares
Net seller
$6.4K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
1.50K acquired · 1.89K disposed
Non-Derivative Transactions2

Common Stock, par value $0.001 per share

Direct
M · Option Exercise

Shares

+1.50K

Price / share

Trade value

% of position

28.0%
5/21/2026
5.36K6.86K

Common Stock, par value $0.001 per share

Direct
F · Tax Withholding

Shares

389.00

Price / share

$16.47

Trade value

$6.41K

% of position

5.7%
5/21/2026
6.86K6.47K
Total

Net shares

+1.11K

Net value

-$6.41K

Derivative Transactions1

Phantom Stock

Direct
M · Option Exercise
Converts to

Common Stock

1.50K shares

Shares

1.50K

Strike price

Held after

22.50K

Exercisable

5/21/2026