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
-1.33K
Net shares
Net seller
$21.8K
Total sold
0
Open market trades
0B · 0S
3
Total transactions
4K acquired · 5.33K disposed
Non-Derivative Transactions2

Common Stock, par value $0.001 per share

Direct
M · Option Exercise

Shares

+4K

Price / share

Trade value

% of position

61.8%
8/21/2026
6.47K10.47K

Common Stock, par value $0.001 per share

Direct
F · Tax Withholding

Shares

1.33K

Price / share

$16.32

Trade value

$21.79K

% of position

12.8%
8/21/2026
10.47K9.13K
Total

Net shares

+2.67K

Net value

-$21.79K

Derivative Transactions1

Phantom Stock

Direct
M · Option Exercise
Converts to

Common Stock

4K shares

Shares

4K

Strike price

Held after

68.50K

Exercisable

8/21/2026