ROPER MICHAEL CHARLES (SVP & Chief Accounting Ofcr) exercised options at MFA FINANCIAL, INC.
Option exercise — a mechanical event triggered by vesting or expiry. Not a discretionary conviction trade.
M · 2 exercises
Filed: 1/12/2026ACC: 0001104659-26-002924
Officer· SVP & Chief Accounting Ofcr
Since Dec 2021
+11.61K
Net shares
Net buyer
$115.1K
Total sold
0
Open market trades
0B · 0S
6
Total transactions
69.58K acquired · 57.97K disposed
Non-Derivative Transactions4
Common Stock
Direct
Shares
+15.75K
Price / share
—
Trade value
—
% of position
51.5%
1/8/2026
30.59K→46.34K
Common Stock
Direct
Shares
+53.83K
Price / share
—
Trade value
—
% of position
116.2%
1/8/2026
46.34K→100.17K
Common Stock
Direct
Shares
−8.81K
Price / share
$9.57
Trade value
$84.31K
% of position
8.8%
1/8/2026
100.17K→91.36K
Common Stock
Direct
Shares
−3.22K
Price / share
$9.57
Trade value
$30.79K
% of position
3.5%
1/8/2026
91.36K→88.14K
Total
Net shares
+57.55K
Net value
-$115.10K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 1/8/2026 | M · Option Exercise | +15.75K | — | — | 51.5% | 30.59K | 46.34K |
| Common Stock Direct | 1/8/2026 | M · Option Exercise | +53.83K | — | — | 116.2% | 46.34K | 100.17K |
| Common Stock Direct | 1/8/2026 | F · Tax Withholding | −8.81K | $9.57 | $84.31K | 8.8% | 100.17K | 91.36K |
| Common Stock Direct | 1/8/2026 | F · Tax Withholding | −3.22K | $9.57 | $30.79K | 3.5% | 91.36K | 88.14K |
| Total | +57.55K | -$115.10K | ||||||
Derivative Transactions2
Phantom Shares
Direct
Converts to
Common Stock
15.75K shares
Shares
−15.75K
Strike price
Held after
264.22K
Exercisable
—
1/8/2026
Phantom Shares
Direct
Converts to
Common Stock
30.19K shares
Shares
−30.19K
Strike price
Held after
234.03K
Exercisable
—
1/8/2026
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Phantom Shares Direct | Common Stock15.75K shares | 1/8/2026 | M · Option Exercise | −15.75K | — | 264.22K | |
| Phantom Shares Direct | Common Stock30.19K shares | 1/8/2026 | M · Option Exercise | −30.19K | — | 234.03K |