AGM

SEC source: 0000845877-23-000198 · wk-form4_1696365369.xml · nonDerivative · entry 1

JOHNSON MITCHELL A · CIK 0001246112 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,341

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on September 29, 2023, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000197 · wk-form4_1696365300.xml · nonDerivative · entry 1

Gales Amy H · CIK 0001811540 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,701

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on September 29, 2023, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000196 · wk-form4_1696365255.xml · nonDerivative · entry 1

Engebretsen James R · CIK 0001437016 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,500

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on September 29, 2023, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000195 · wk-form4_1696365105.xml · nonDerivative · entry 1

Culver Chester J · CIK 0001546654 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,780

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on September 29, 2023, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-24-000020 · wk-form5_1707949539.xml · nonDerivative · entry 2

Maines Robert J · CIK 0001633936 · SVP - Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,594

F1 · kind: The reported transaction involves an acquisition of common stock through an automatic broker dividend investment plan, executed by a broker managing the Reporting Person's managed investment account. All short swing profits earned by the Reporting Person as a result of these shares purchased pursuant to the automatic broker dividend investment plan have been disgorged to the Issuer.

F2 · balance_after: Includes 1,811 unvested restricted stock units previously granted under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. These grants of restricted stock units to the reporting person have been described in detail in the reporting person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-24-000019 · wk-form5_1707949468.xml · nonDerivative · entry 2

NORDHOLM BRADFORD T · CIK 0001391468 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,093.4506

F1 · kind: The reported transaction involves an acquisition of common stock through an automatic broker dividend investment plan, executed by a broker managing the Reporting Person's managed investment account. Due to an administrative error, a Form 4 was not timely filed for these purchases. All short swing profits earned by the Reporting Person as a result of these shares purchased pursuant to the automatic broker dividend investment plan have been disgorged to the Issuer.

F2 · balance_after: Includes 31,426 unvested restricted stock units previously granted under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. These grants of restricted stock units to the reporting person have been described in detail in the reporting person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-24-000124 · wk-form4_1713216987.xml · nonDerivative · entry 14

Dobrinski Everett M · CIK 0001776038 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,266.207

F1 · kind: The reported transaction involves an acquisition of common stock through an automatic broker dividend reinvestment plan, executed by a broker managing the Reporting Person's managed investment account which was inadvertently not previously reported.

F2 · balance_after: Includes 373 time-vested restricted stock units of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock that will vest on March 31, 2025 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000187 · wk-form4_1694811221.xml · nonDerivative · entry 1

Culver Chester J · CIK 0001546654 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,759

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000185 · wk-form4_1692132103.xml · nonDerivative · entry 1

Stones Charles A · CIK 0001837677 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 1,221

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000181 · wk-form4_1691785613.xml · nonDerivative · entry 4

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,756

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F4 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $178.24 to $178.44, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information about the number of shares sold at each separate price within the range set forth in this footnote.

F3 · balance_after: Includes 4,230 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000183 · wk-form4_1692049344.xml · nonDerivative · entry 3

NORDHOLM BRADFORD T · CIK 0001391468 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 43,910

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F5 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $179.72 to $180.00, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information about the number of shares sold at each separate price within the range set forth in this footnote.

F3 · balance_after: Includes 31,426 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000183 · wk-form4_1692049344.xml · nonDerivative · entry 2

NORDHOLM BRADFORD T · CIK 0001391468 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 45,174

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F4 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $178.71 to $179.705, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information about the number of shares sold at each separate price within the range set forth in this footnote.

F3 · balance_after: Includes 31,426 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000183 · wk-form4_1692049344.xml · nonDerivative · entry 1

NORDHOLM BRADFORD T · CIK 0001391468 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 47,053

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $177.58 to $178.52, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information about the number of shares sold at each separate price within the range set forth in this footnote.

F3 · balance_after: Includes 31,426 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000181 · wk-form4_1691785613.xml · derivative · entry 5

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Non-Voting Common Stock · 3,780 shares

Expires 2024-04-02

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: In connection with the net share settlement of the exercise of 3,780 vested stock appreciation rights ("SARs") granted in April 2014 with the grant price of $33.90 per share, Mr. Mullery was entitled to receive 3,058 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Of these shares, Mr. Mullery received (and later sold) 1,655 shares, and Farmer Mac retained 1,403 shares to satisfy tax withholding requirements arising from the exercise. The 722 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

SEC source: 0000845877-23-000181 · wk-form4_1691785613.xml · nonDerivative · entry 3

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,411

F1 · shares: In connection with the net share settlement of the exercise of 3,780 vested stock appreciation rights ("SARs") granted in April 2014 with the grant price of $33.90 per share, Mr. Mullery was entitled to receive 3,058 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Of these shares, Mr. Mullery received (and later sold) 1,655 shares, and Farmer Mac retained 1,403 shares to satisfy tax withholding requirements arising from the exercise. The 722 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F3 · balance_after: Includes 4,230 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000181 · wk-form4_1691785613.xml · nonDerivative · entry 2

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 24,133

F1 · shares: In connection with the net share settlement of the exercise of 3,780 vested stock appreciation rights ("SARs") granted in April 2014 with the grant price of $33.90 per share, Mr. Mullery was entitled to receive 3,058 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Of these shares, Mr. Mullery received (and later sold) 1,655 shares, and Farmer Mac retained 1,403 shares to satisfy tax withholding requirements arising from the exercise. The 722 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F3 · balance_after: Includes 4,230 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000181 · wk-form4_1691785613.xml · nonDerivative · entry 1

Mullery Stephen P · CIK 0001551864 · EVP - General Counsel

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 25,536

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: In connection with the net share settlement of the exercise of 3,780 vested stock appreciation rights ("SARs") granted in April 2014 with the grant price of $33.90 per share, Mr. Mullery was entitled to receive 3,058 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. Of these shares, Mr. Mullery received (and later sold) 1,655 shares, and Farmer Mac retained 1,403 shares to satisfy tax withholding requirements arising from the exercise. The 722 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F3 · balance_after: Includes 4,230 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000168 · wk-form4_1688588943.xml · nonDerivative · entry 1

Culver Chester J · CIK 0001546654 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,859

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2023, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000167 · wk-form4_1688588874.xml · nonDerivative · entry 1

Engebretsen James R · CIK 0001437016 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,375

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2023, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000166 · wk-form4_1688588744.xml · nonDerivative · entry 1

Gales Amy H · CIK 0001811540 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 3,584

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2023, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000165 · wk-form4_1688588655.xml · nonDerivative · entry 1

JOHNSON MITCHELL A · CIK 0001246112 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,238

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2023, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000164 · wk-form4_1688588568.xml · nonDerivative · entry 1

JUNKINS LOWELL · CIK 0001246115 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,623.232

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2023, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000163 · wk-form4_1688588509.xml · nonDerivative · entry 1

McKissack Eric T · CIK 0001847747 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,102

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2023, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000162 · wk-form4_1688588458.xml · nonDerivative · entry 1

Ware Todd P · CIK 0001775984 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,986

F1 · shares: Shares were issued pursuant to the director's existing election to purchase, at market value, newly issued shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock in lieu of receiving some or all of the director's quarterly retainer in cash. The market value is the closing price of the stock on June 30, 2023, the last business day of the quarter, as reported by the New York Stock Exchange.

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-24-000020 · wk-form5_1707949539.xml · nonDerivative · entry 1

Maines Robert J · CIK 0001633936 · SVP - Operations

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,589

F1 · kind: The reported transaction involves an acquisition of common stock through an automatic broker dividend investment plan, executed by a broker managing the Reporting Person's managed investment account. All short swing profits earned by the Reporting Person as a result of these shares purchased pursuant to the automatic broker dividend investment plan have been disgorged to the Issuer.

F2 · balance_after: Includes 1,811 unvested restricted stock units previously granted under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. These grants of restricted stock units to the reporting person have been described in detail in the reporting person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-24-000019 · wk-form5_1707949468.xml · nonDerivative · entry 1

NORDHOLM BRADFORD T · CIK 0001391468 · President and CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 44,033.151

F1 · kind: The reported transaction involves an acquisition of common stock through an automatic broker dividend investment plan, executed by a broker managing the Reporting Person's managed investment account. Due to an administrative error, a Form 4 was not timely filed for these purchases. All short swing profits earned by the Reporting Person as a result of these shares purchased pursuant to the automatic broker dividend investment plan have been disgorged to the Issuer.

F2 · balance_after: Includes 31,426 unvested restricted stock units previously granted under Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan. These grants of restricted stock units to the reporting person have been described in detail in the reporting person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-24-000124 · wk-form4_1713216987.xml · nonDerivative · entry 13

Dobrinski Everett M · CIK 0001776038 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,225.474

F1 · kind: The reported transaction involves an acquisition of common stock through an automatic broker dividend reinvestment plan, executed by a broker managing the Reporting Person's managed investment account which was inadvertently not previously reported.

F2 · balance_after: Includes 373 time-vested restricted stock units of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock that will vest on March 31, 2025 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000154 · wk-form4_1686949953.xml · nonDerivative · entry 1

Carpenter Zachary · CIK 0001776941 · EVP - Chief Business Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,716

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $148.99 to $149.27, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information about the number of shares sold at each separate price within the range set forth in this footnote.

F3 · balance_after: Includes 5,544 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000152 · wk-form4_1686773967.xml · nonDerivative · entry 2

BRACK DENNIS L · CIK 0001246107 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 7,948

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 482 restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000152 · wk-form4_1686773967.xml · nonDerivative · entry 1

BRACK DENNIS L · CIK 0001246107 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,248

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 482 restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000146 · wk-form4_1686606217.xml · nonDerivative · entry 7

Brinch Brian M · CIK 0001737498 · SVP- Enterprise Risk Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,705

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F5 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $150.58 to $150.832, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information about the number of shares sold at each separate price within the range set forth in this footnote.

F3 · balance_after: Includes 2,005 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000150 · wk-form4_1686691874.xml · nonDerivative · entry 1

Culver Chester J · CIK 0001546654 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,836

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.

SEC source: 0000845877-23-000148 · wk-form4_1686609986.xml · derivative · entry 4

Ramesh Aparna · CIK 0001799715 · EVP - Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Non-Voting Common Stock · 1,845 shares

Expires 2030-03-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: In connection with the net share settlement of the exercise of 1,845 vested stock appreciation rights ("SARs") granted in March 2020 with the grant price of $75.16 per share, Ms. Ramesh was entitled to receive 923 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Ms. Ramesh retained 477 shares, and Farmer Mac retained 446 shares to satisfy tax withholding requirements arising from the exercise. The 922 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

SEC source: 0000845877-23-000148 · wk-form4_1686609986.xml · nonDerivative · entry 3

Ramesh Aparna · CIK 0001799715 · EVP - Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,229.8087

F1 · shares: In connection with the net share settlement of the exercise of 1,845 vested stock appreciation rights ("SARs") granted in March 2020 with the grant price of $75.16 per share, Ms. Ramesh was entitled to receive 923 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Ms. Ramesh retained 477 shares, and Farmer Mac retained 446 shares to satisfy tax withholding requirements arising from the exercise. The 922 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F3 · balance_after: Includes 5,515 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000148 · wk-form4_1686609986.xml · nonDerivative · entry 2

Ramesh Aparna · CIK 0001799715 · EVP - Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,150.8087

F1 · shares: In connection with the net share settlement of the exercise of 1,845 vested stock appreciation rights ("SARs") granted in March 2020 with the grant price of $75.16 per share, Ms. Ramesh was entitled to receive 923 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Ms. Ramesh retained 477 shares, and Farmer Mac retained 446 shares to satisfy tax withholding requirements arising from the exercise. The 922 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F3 · balance_after: Includes 5,515 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000148 · wk-form4_1686609986.xml · nonDerivative · entry 1

Ramesh Aparna · CIK 0001799715 · EVP - Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,596.8087

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: In connection with the net share settlement of the exercise of 1,845 vested stock appreciation rights ("SARs") granted in March 2020 with the grant price of $75.16 per share, Ms. Ramesh was entitled to receive 923 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Ms. Ramesh retained 477 shares, and Farmer Mac retained 446 shares to satisfy tax withholding requirements arising from the exercise. The 922 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F3 · balance_after: Includes 5,515 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000146 · wk-form4_1686606217.xml · derivative · entry 9

Brinch Brian M · CIK 0001737498 · SVP- Enterprise Risk Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Non-Voting Common Stock · 1,845 shares

Expires 2030-03-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F4 · shares: In connection with the net share settlement of the exercise of 1,845 vested SARs granted in March 2020 with the grant price of $75.16 per share, Mr. Brinch was entitled to receive 923 shares of Farmer Mac's Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Brinch retained 616 shares, and Farmer Mac retained 307 shares to satisfy tax withholding requirements arising from the exercise. The 922 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

SEC source: 0000845877-23-000146 · wk-form4_1686606217.xml · derivative · entry 8

Brinch Brian M · CIK 0001737498 · SVP- Enterprise Risk Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Non-Voting Common Stock · 1,470 shares

Expires 2029-02-27

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: In connection with the net share settlement of the exercise of 1,470 vested stock appreciation rights ("SARs") granted in February 2019 with the grant price of $82.76 per share, Mr. Brinch was entitled to receive 661 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Brinch retained 442 shares, and Farmer Mac retained 219 shares to satisfy tax withholding requirements arising from the exercise. The 809 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

SEC source: 0000845877-23-000146 · wk-form4_1686606217.xml · nonDerivative · entry 6

Brinch Brian M · CIK 0001737498 · SVP- Enterprise Risk Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,763

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F4 · shares: In connection with the net share settlement of the exercise of 1,845 vested SARs granted in March 2020 with the grant price of $75.16 per share, Mr. Brinch was entitled to receive 923 shares of Farmer Mac's Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Brinch retained 616 shares, and Farmer Mac retained 307 shares to satisfy tax withholding requirements arising from the exercise. The 922 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F3 · balance_after: Includes 2,005 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000146 · wk-form4_1686606217.xml · nonDerivative · entry 5

Brinch Brian M · CIK 0001737498 · SVP- Enterprise Risk Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,685

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F4 · shares: In connection with the net share settlement of the exercise of 1,845 vested SARs granted in March 2020 with the grant price of $75.16 per share, Mr. Brinch was entitled to receive 923 shares of Farmer Mac's Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Brinch retained 616 shares, and Farmer Mac retained 307 shares to satisfy tax withholding requirements arising from the exercise. The 922 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F3 · balance_after: Includes 2,005 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000146 · wk-form4_1686606217.xml · nonDerivative · entry 4

Brinch Brian M · CIK 0001737498 · SVP- Enterprise Risk Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,992

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F4 · shares: In connection with the net share settlement of the exercise of 1,845 vested SARs granted in March 2020 with the grant price of $75.16 per share, Mr. Brinch was entitled to receive 923 shares of Farmer Mac's Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Brinch retained 616 shares, and Farmer Mac retained 307 shares to satisfy tax withholding requirements arising from the exercise. The 922 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F3 · balance_after: Includes 2,005 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000146 · wk-form4_1686606217.xml · nonDerivative · entry 3

Brinch Brian M · CIK 0001737498 · SVP- Enterprise Risk Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,147

F1 · shares: In connection with the net share settlement of the exercise of 1,470 vested stock appreciation rights ("SARs") granted in February 2019 with the grant price of $82.76 per share, Mr. Brinch was entitled to receive 661 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Brinch retained 442 shares, and Farmer Mac retained 219 shares to satisfy tax withholding requirements arising from the exercise. The 809 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F3 · balance_after: Includes 2,005 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000146 · wk-form4_1686606217.xml · nonDerivative · entry 2

Brinch Brian M · CIK 0001737498 · SVP- Enterprise Risk Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,956

F1 · shares: In connection with the net share settlement of the exercise of 1,470 vested stock appreciation rights ("SARs") granted in February 2019 with the grant price of $82.76 per share, Mr. Brinch was entitled to receive 661 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Brinch retained 442 shares, and Farmer Mac retained 219 shares to satisfy tax withholding requirements arising from the exercise. The 809 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F3 · balance_after: Includes 2,005 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000146 · wk-form4_1686606217.xml · nonDerivative · entry 1

Brinch Brian M · CIK 0001737498 · SVP- Enterprise Risk Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,175

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: In connection with the net share settlement of the exercise of 1,470 vested stock appreciation rights ("SARs") granted in February 2019 with the grant price of $82.76 per share, Mr. Brinch was entitled to receive 661 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Brinch retained 442 shares, and Farmer Mac retained 219 shares to satisfy tax withholding requirements arising from the exercise. The 809 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F3 · balance_after: Includes 2,005 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000144 · wk-form4_1686257151.xml · derivative · entry 4

Carpenter Zachary · CIK 0001776941 · EVP - Chief Business Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 0

Underlying: Class C Non-Voting Common Stock · 1,937 shares

Expires 2030-03-03

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: In connection with the net share settlement of the exercise of 1,937 vested stock appreciation rights ("SARs") granted in March 2020 with the grant price of $75.16 per share, Mr. Carpenter was entitled to receive 939 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Carpenter retained 486 shares, and Farmer Mac retained 453 shares to satisfy tax withholding requirements arising from the exercise. The 998 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

SEC source: 0000845877-23-000144 · wk-form4_1686257151.xml · nonDerivative · entry 3

Carpenter Zachary · CIK 0001776941 · EVP - Chief Business Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,202

F1 · shares: In connection with the net share settlement of the exercise of 1,937 vested stock appreciation rights ("SARs") granted in March 2020 with the grant price of $75.16 per share, Mr. Carpenter was entitled to receive 939 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Carpenter retained 486 shares, and Farmer Mac retained 453 shares to satisfy tax withholding requirements arising from the exercise. The 998 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F3 · balance_after: Includes 5,544 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000144 · wk-form4_1686257151.xml · nonDerivative · entry 2

Carpenter Zachary · CIK 0001776941 · EVP - Chief Business Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,200

F1 · shares: In connection with the net share settlement of the exercise of 1,937 vested stock appreciation rights ("SARs") granted in March 2020 with the grant price of $75.16 per share, Mr. Carpenter was entitled to receive 939 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Carpenter retained 486 shares, and Farmer Mac retained 453 shares to satisfy tax withholding requirements arising from the exercise. The 998 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F3 · balance_after: Includes 5,544 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000144 · wk-form4_1686257151.xml · nonDerivative · entry 1

Carpenter Zachary · CIK 0001776941 · EVP - Chief Business Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,653

Exercise/conversion can include RSU settlement. Transaction price and option strike are different fields; a missing price is not zero. Derivative and underlying rows can describe the same event.

F1 · shares: In connection with the net share settlement of the exercise of 1,937 vested stock appreciation rights ("SARs") granted in March 2020 with the grant price of $75.16 per share, Mr. Carpenter was entitled to receive 939 shares of the Federal Agricultural Mortgage Corporation's ("Farmer Mac") Class C Non-Voting Common Stock. None of these shares were sold, as Mr. Carpenter retained 486 shares, and Farmer Mac retained 453 shares to satisfy tax withholding requirements arising from the exercise. The 998 shares reported as a disposition to the issuer of issuer equity securities represents the difference between the number of SARs exercised and the number of shares issuable as a result of the exercise. Each SAR represents the right to receive, upon exercise, the number of shares of Farmer Mac's Class C Non-Voting Common Stock equal to the excess of the fair market value of shares on the exercise date over the grant price.

F2 · shares: Transaction effected during an open trading window for employees and directors of Farmer Mac.

F3 · balance_after: Includes 5,544 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as described in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000142 · wk-form4_1684874358.xml · nonDerivative · entry 1

Willie Kerry T · CIK 0001915868 · SVP - Chief HR Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 2,626

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · price: The price reported in Column 4 is a weighted average price. These shares of Class C Non-Voting Common Stock were sold in multiple transactions at prices ranging from $140.065 to $140.0875, inclusive. The Reporting Person undertakes to provide to Farmer Mac, any security holder of Farmer Mac, or the staff of the Securities and Exchange Commission, upon request, full information about the number of shares sold at each separate price within the range set forth in this footnote.

F3 · balance_after: Includes 1,951 unvested restricted stock units previously granted pursuant to Farmer Mac's Amended and Restated 2008 Omnibus Incentive Plan, as describe in more detail in the Reporting Person's prior filings under Section 16 of the Securities Exchange Act of 1934.

SEC source: 0000845877-23-000138 · wk-form4_1683924848.xml · nonDerivative · entry 1

Dobrinski Everett M · CIK 0001776038 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,407

F1 · shares: Transaction effected during an open trading window for employees and directors of the Federal Agricultural Mortgage Corporation ("Farmer Mac").

F2 · balance_after: Includes 482 unvested restricted stock units of Farmer Mac's Class C Non-Voting Common Stock that will vest on March 31, 2024 if the Reporting Person remains a director of Farmer Mac on that date.