ARR

SEC source: 0001428205-24-000113 · wk-form4_1716496575.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,769

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 · kind: On May 22, 2024, the reporting person elected to convert 312 of the 520 shares of vested phantom stock into 312 shares of ARMOUR common stock. The reporting person elected to convert the remaining 208 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000109 · wk-form4_1716496374.xml · derivative · entry 2

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,360

Underlying: Common Stock · 520 shares

Expires not disclosed

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 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On May 22, 2024, the reporting person elected to convert 520 out of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

F1 · derivative.expiration_date: On May 22, 2024, the reporting person elected to convert 520 out of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

SEC source: 0001428205-24-000109 · wk-form4_1716496374.xml · nonDerivative · entry 1

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 9,341

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 · kind: On May 22, 2024, the reporting person elected to convert 520 out of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

SEC source: 0001428205-24-000117 · wk-form4_1716496741.xml · derivative · entry 3

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,360

Underlying: Common Stock · 520 shares

Expires not disclosed

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 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On May 22, 2024, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert theremaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which wasreported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

F1 · derivative.expiration_date: On May 22, 2024, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert theremaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which wasreported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000117 · wk-form4_1716496741.xml · nonDerivative · entry 2

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,263

F1 · kind: On May 22, 2024, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert theremaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which wasreported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000117 · wk-form4_1716496741.xml · nonDerivative · entry 1

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,523

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 · kind: On May 22, 2024, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert theremaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which wasreported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000107 · wk-form4_1715889662.xml · derivative · entry 2

Harper Gordon · CIK 0001698344 · CFO & Controller

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,900

Underlying: Common Stock · 2,400 shares

Expires not disclosed

F1 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F3 · derivative.exercise_date: On May 15, 2024, the reporting person was granted an aggregate of 2,400 phantom shares under ARMOUR Residential REIT, Inc.'s ("ARMOUR") the Plan pursuant to the time-based vesting schedule described as follows. 800 phantom shares will vest on each of May 20, 2024, August 20, 2024, and November 20, 2024, at which time all phantom stock shall have vested. Upon vesting, the reporting person will be entitled to an equal number of shares of ARMOUR common stock within 30 days. Such shares were granted from shares previously granted to and then forfeited by former officers of ARMOUR.

F3 · derivative.expiration_date: On May 15, 2024, the reporting person was granted an aggregate of 2,400 phantom shares under ARMOUR Residential REIT, Inc.'s ("ARMOUR") the Plan pursuant to the time-based vesting schedule described as follows. 800 phantom shares will vest on each of May 20, 2024, August 20, 2024, and November 20, 2024, at which time all phantom stock shall have vested. Upon vesting, the reporting person will be entitled to an equal number of shares of ARMOUR common stock within 30 days. Such shares were granted from shares previously granted to and then forfeited by former officers of ARMOUR.

SEC source: 0001428205-24-000107 · wk-form4_1715889662.xml · derivative · entry 1

Harper Gordon · CIK 0001698344 · CFO & Controller

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 19,500

Underlying: Common Stock · 3,840 shares

Expires not disclosed

F1 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F2 · derivative.exercise_date: On May 15, 2024, the reporting person was granted an aggregate of 3,840 phantom shares under ARMOUR Residential REIT, Inc.'s ("ARMOUR") Third Amended and Restated 2009 Stock Incentive Plan (the "Plan") pursuant to the time-based vesting schedule described as follows. 320 phantom shares will vest on each of May 20, August 20, November 20 and February 20, through February 20, 2027, at which time all phantom stock shall have vested. Upon vesting, the reporting person will be entitled to an equal number of shares of ARMOUR common stock within 30 days. Such shares were granted from shares previously granted to and then forfeited by former officers of ARMOUR.

F2 · derivative.expiration_date: On May 15, 2024, the reporting person was granted an aggregate of 3,840 phantom shares under ARMOUR Residential REIT, Inc.'s ("ARMOUR") Third Amended and Restated 2009 Stock Incentive Plan (the "Plan") pursuant to the time-based vesting schedule described as follows. 320 phantom shares will vest on each of May 20, August 20, November 20 and February 20, through February 20, 2027, at which time all phantom stock shall have vested. Upon vesting, the reporting person will be entitled to an equal number of shares of ARMOUR common stock within 30 days. Such shares were granted from shares previously granted to and then forfeited by former officers of ARMOUR.

SEC source: 0001428205-24-000079 · wk-form4_1712090094.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,060

F1 · kind: On April 1, 2024, the reporting person received 834 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 834 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-24-000080 · wk-form4_1712090136.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 21,976

F1 · kind: On April 1, 2024, the reporting person received 834 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 834 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F2 · ownership.nature: Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust.

SEC source: 0001428205-24-000024 · wk-form4_1708981461.xml · derivative · entry 4

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,770

Underlying: Common Stock · 480 shares

Expires not disclosed

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.

F4 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F3 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021.

F3 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021.

SEC source: 0001428205-24-000024 · wk-form4_1708981461.xml · derivative · entry 3

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,250

Underlying: Common Stock · 700 shares

Expires not disclosed

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.

F4 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 700 of the 700 shares of vested phantom stock into 700 shares of ARMOUR common stock. The 700 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, January 14, 2021 and February 14, 2023.

F1 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 700 of the 700 shares of vested phantom stock into 700 shares of ARMOUR common stock. The 700 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, January 14, 2021 and February 14, 2023.

SEC source: 0001428205-24-000024 · wk-form4_1708981461.xml · nonDerivative · entry 2

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote.

Disclosed balance after: 11,680

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.

F3 · kind: On February 22, 2024, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021.

F2 · ownership.nature: Represents shares owned indirectly through DM Staton Family Limited Partnership. The reporting person is a general partner and a limited partner of DM Staton Family Limited Partnership. The reporting person has a pecuniary interest in the shares held by DM Staton Family Limited Partnership.

SEC source: 0001428205-24-000024 · wk-form4_1708981461.xml · nonDerivative · entry 1

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote.

Disclosed balance after: 11,200

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 · kind: On February 22, 2024, the reporting person elected to convert 700 of the 700 shares of vested phantom stock into 700 shares of ARMOUR common stock. The 700 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, January 14, 2021 and February 14, 2023.

F2 · ownership.nature: Represents shares owned indirectly through DM Staton Family Limited Partnership. The reporting person is a general partner and a limited partner of DM Staton Family Limited Partnership. The reporting person has a pecuniary interest in the shares held by DM Staton Family Limited Partnership.

SEC source: 0001428205-24-000026 · wk-form4_1708981594.xml · derivative · entry 4

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 13,770

Underlying: Common Stock · 480 shares

Expires not disclosed

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.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F2 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, January 14, 2021 and February 14, 2023.

F2 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, January 14, 2021 and February 14, 2023.

SEC source: 0001428205-24-000026 · wk-form4_1708981594.xml · derivative · entry 3

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,250

Underlying: Common Stock · 700 shares

Expires not disclosed

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.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On February 22, 2024. the reporting person elected to convert 700 of the 700 shares of vested phantom stock into 700 shares of ARMOUR common stock. The 700 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021.

F1 · derivative.expiration_date: On February 22, 2024. the reporting person elected to convert 700 of the 700 shares of vested phantom stock into 700 shares of ARMOUR common stock. The 700 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021.

SEC source: 0001428205-24-000026 · wk-form4_1708981594.xml · nonDerivative · entry 2

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 17,258

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 · kind: On February 22, 2024, the reporting person elected to convert 480 of the 480 shares of vested phantom stock into 480 shares of ARMOUR common stock. The 480 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, January 14, 2021 and February 14, 2023.

SEC source: 0001428205-24-000026 · wk-form4_1708981594.xml · nonDerivative · entry 1

BELL MARC H · CIK 0001026915 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,778

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 · kind: On February 22, 2024. the reporting person elected to convert 700 of the 700 shares of vested phantom stock into 700 shares of ARMOUR common stock. The 700 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021.

SEC source: 0001428205-24-000022 · wk-form4_1708981350.xml · derivative · entry 3

ULM SCOTT · CIK 0001469064 · Director · Co-CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 66,910

Underlying: Common Stock · 4,380 shares

Expires not disclosed

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 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 2,628 of the 4,380 shares of vested phantom stock into 2,628 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,752 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,380 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023.

F1 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 2,628 of the 4,380 shares of vested phantom stock into 2,628 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,752 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,380 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023.

SEC source: 0001428205-24-000022 · wk-form4_1708981350.xml · nonDerivative · entry 2

ULM SCOTT · CIK 0001469064 · Director · Co-CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 56,806

F1 · kind: On February 22, 2024, the reporting person elected to convert 2,628 of the 4,380 shares of vested phantom stock into 2,628 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,752 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,380 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023.

SEC source: 0001428205-24-000022 · wk-form4_1708981350.xml · nonDerivative · entry 1

ULM SCOTT · CIK 0001469064 · Director · Co-CEO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 58,558

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 · kind: On February 22, 2024, the reporting person elected to convert 2,628 of the 4,380 shares of vested phantom stock into 2,628 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,752 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,380 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February 16, 2023.

SEC source: 0001428205-24-000034 · wk-form4_1708981989.xml · derivative · entry 3

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,880

Underlying: Common Stock · 520 shares

Expires not disclosed

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 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

F1 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000034 · wk-form4_1708981989.xml · nonDerivative · entry 2

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,226

F1 · kind: On February 22, 2024, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000034 · wk-form4_1708981989.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 16,486

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 · kind: On February 22, 2024, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000042 · wk-form4_1708982274.xml · derivative · entry 3

GRUBER MARK · CIK 0001585875 · CIO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 30,420

Underlying: Common Stock · 1,660 shares

Expires not disclosed

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 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 1,245, of the1,660 shares of vested phantom stock into 1,245 shares of ARMOUR common stock. The reporting person elected to convert the remaining 415 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,660 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020 and June 30, 2020, phantom stock vesting over a six-and-a-half year period, reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-and-a-half year period, reported on a Form 4 report filed by the reporting person on February 16, 2023.

F1 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 1,245, of the1,660 shares of vested phantom stock into 1,245 shares of ARMOUR common stock. The reporting person elected to convert the remaining 415 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,660 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020 and June 30, 2020, phantom stock vesting over a six-and-a-half year period, reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-and-a-half year period, reported on a Form 4 report filed by the reporting person on February 16, 2023.

SEC source: 0001428205-24-000042 · wk-form4_1708982274.xml · nonDerivative · entry 2

GRUBER MARK · CIK 0001585875 · CIO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,173

F1 · kind: On February 22, 2024, the reporting person elected to convert 1,245, of the1,660 shares of vested phantom stock into 1,245 shares of ARMOUR common stock. The reporting person elected to convert the remaining 415 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,660 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020 and June 30, 2020, phantom stock vesting over a six-and-a-half year period, reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-and-a-half year period, reported on a Form 4 report filed by the reporting person on February 16, 2023.

SEC source: 0001428205-24-000042 · wk-form4_1708982274.xml · nonDerivative · entry 1

GRUBER MARK · CIK 0001585875 · CIO

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 23,588

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 · kind: On February 22, 2024, the reporting person elected to convert 1,245, of the1,660 shares of vested phantom stock into 1,245 shares of ARMOUR common stock. The reporting person elected to convert the remaining 415 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,660 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020 and June 30, 2020, phantom stock vesting over a six-and-a-half year period, reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-and-a-half year period, reported on a Form 4 report filed by the reporting person on February 16, 2023.

SEC source: 0001428205-24-000040 · wk-form4_1708982198.xml · derivative · entry 3

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,660

Underlying: Common Stock · 980 shares

Expires not disclosed

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 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 711, of the 980 shares of vested phantom stock into 711 shares of ARMOUR common stock. The reporting person elected to convert the remaining 269 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 980 shares are part of, and relate to, phantom stock vesting over five-year periods, which was

F1 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 711, of the 980 shares of vested phantom stock into 711 shares of ARMOUR common stock. The reporting person elected to convert the remaining 269 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 980 shares are part of, and relate to, phantom stock vesting over five-year periods, which was

SEC source: 0001428205-24-000040 · wk-form4_1708982198.xml · nonDerivative · entry 2

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 10,961

F1 · kind: On February 22, 2024, the reporting person elected to convert 711, of the 980 shares of vested phantom stock into 711 shares of ARMOUR common stock. The reporting person elected to convert the remaining 269 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 980 shares are part of, and relate to, phantom stock vesting over five-year periods, which was

SEC source: 0001428205-24-000040 · wk-form4_1708982198.xml · nonDerivative · entry 1

Harper Gordon · CIK 0001698344 · VP Finance and Controller

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,230

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 · kind: On February 22, 2024, the reporting person elected to convert 711, of the 980 shares of vested phantom stock into 711 shares of ARMOUR common stock. The reporting person elected to convert the remaining 269 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 980 shares are part of, and relate to, phantom stock vesting over five-year periods, which was

SEC source: 0001428205-24-000038 · wk-form4_1708982118.xml · derivative · entry 3

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 31,020

Underlying: Common Stock · 1,860 shares

Expires not disclosed

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 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 1,120 of the 1,860 shares of vested phantom stock into 1,120 shares of ARMOUR common stock. The reporting person elected to convert the remaining 740 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,860 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, phantom stock vesting over a seven-and-a-half year period, which were reported on a Form 4 report filed by the reporting person on January 14, 2021 and February 16, 2023.

F1 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 1,120 of the 1,860 shares of vested phantom stock into 1,120 shares of ARMOUR common stock. The reporting person elected to convert the remaining 740 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,860 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, phantom stock vesting over a seven-and-a-half year period, which were reported on a Form 4 report filed by the reporting person on January 14, 2021 and February 16, 2023.

SEC source: 0001428205-24-000038 · wk-form4_1708982118.xml · nonDerivative · entry 2

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 20,622

F1 · kind: On February 22, 2024, the reporting person elected to convert 1,120 of the 1,860 shares of vested phantom stock into 1,120 shares of ARMOUR common stock. The reporting person elected to convert the remaining 740 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,860 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, phantom stock vesting over a seven-and-a-half year period, which were reported on a Form 4 report filed by the reporting person on January 14, 2021 and February 16, 2023.

SEC source: 0001428205-24-000038 · wk-form4_1708982118.xml · nonDerivative · entry 1

MOUNTAIN JAMES R · CIK 0001557465 · Chief Financial Officer

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 21,362

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 · kind: On February 22, 2024, the reporting person elected to convert 1,120 of the 1,860 shares of vested phantom stock into 1,120 shares of ARMOUR common stock. The reporting person elected to convert the remaining 740 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 1,860 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, phantom stock vesting over a seven-and-a-half year period, which were reported on a Form 4 report filed by the reporting person on January 14, 2021 and February 16, 2023.

SEC source: 0001428205-24-000036 · wk-form4_1708982053.xml · derivative · entry 2

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,880

Underlying: Common Stock · 520 shares

Expires not disclosed

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 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 520 out of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

F1 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 520 out of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

SEC source: 0001428205-24-000036 · wk-form4_1708982053.xml · nonDerivative · entry 1

Behar Z Jamie · CIK 0001306260 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 8,821

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 · kind: On February 22, 2024, the reporting person elected to convert 520 out of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

SEC source: 0001428205-24-000032 · wk-form4_1708981893.xml · derivative · entry 3

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,880

Underlying: Common Stock · 520 shares

Expires not disclosed

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 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 312 of the 520 shares of vested phantom stock into 312 shares of ARMOUR common stock. The reporting person elected to convert the remaining 208 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

F1 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 312 of the 520 shares of vested phantom stock into 312 shares of ARMOUR common stock. The reporting person elected to convert the remaining 208 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000032 · wk-form4_1708981893.xml · nonDerivative · entry 2

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,249

F1 · kind: On February 22, 2024, the reporting person elected to convert 312 of the 520 shares of vested phantom stock into 312 shares of ARMOUR common stock. The reporting person elected to convert the remaining 208 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000032 · wk-form4_1708981893.xml · nonDerivative · entry 1

HOLLIHAN JOHN P III · CIK 0001248587 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 11,457

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 · kind: On February 22, 2024, the reporting person elected to convert 312 of the 520 shares of vested phantom stock into 312 shares of ARMOUR common stock. The reporting person elected to convert the remaining 208 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000030 · wk-form4_1708981814.xml · derivative · entry 3

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,880

Underlying: Common Stock · 520 shares

Expires not disclosed

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 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

F1 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000030 · wk-form4_1708981814.xml · nonDerivative · entry 2

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,003

F1 · kind: On February 22, 2024, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000030 · wk-form4_1708981814.xml · nonDerivative · entry 1

Hain Robert C · CIK 0001377714 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,263

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 · kind: On February 22, 2024, the reporting person elected to convert 260 of the 520 shares of vested phantom stock into 260 shares of ARMOUR common stock. The reporting person elected to convert the remaining 260 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023.

SEC source: 0001428205-24-000028 · wk-form4_1708981691.xml · derivative · entry 3

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 6,880

Underlying: Common Stock · 520 shares

Expires not disclosed

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.

F3 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 520 out of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

F1 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 520 out of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

SEC source: 0001428205-24-000028 · wk-form4_1708981691.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 21,142

F1 · kind: On February 22, 2024, the reporting person elected to convert 520 out of the 520 shares of vested phantom stock into 520 shares of ARMOUR common stock. The 520 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 14, 2021 and February 14, 2023.

F2 · ownership.nature: Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust.

SEC source: 0001428205-24-000020 · wk-form4_1708981245.xml · derivative · entry 3

Zimmer Jeffrey J · CIK 0001303087 · Director · Co-CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 66,910

Underlying: Common Stock · 4,380 shares

Expires not disclosed

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 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F1 · derivative.exercise_date: On February 22, 2024, the reporting person elected to convert 2,628 of the 4,380 shares of vested phantom stock into 2,628 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,752 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,380 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February16, 2023.

F1 · derivative.expiration_date: On February 22, 2024, the reporting person elected to convert 2,628 of the 4,380 shares of vested phantom stock into 2,628 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,752 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,380 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February16, 2023.

SEC source: 0001428205-24-000020 · wk-form4_1708981245.xml · nonDerivative · entry 2

Zimmer Jeffrey J · CIK 0001303087 · Director · Co-CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 51,835

F1 · kind: On February 22, 2024, the reporting person elected to convert 2,628 of the 4,380 shares of vested phantom stock into 2,628 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,752 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,380 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February16, 2023.

SEC source: 0001428205-24-000020 · wk-form4_1708981245.xml · nonDerivative · entry 1

Zimmer Jeffrey J · CIK 0001303087 · Director · Co-CEO and President

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 53,587

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 · kind: On February 22, 2024, the reporting person elected to convert 2,628 of the 4,380 shares of vested phantom stock into 2,628 shares of ARMOUR common stock. The reporting person elected to convert the remaining 1,752 shares of vested phantom stock into cash solely to pay income taxes on the vested stock. The 4,380 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021 and phantom stock vesting over a seven-year period, which was reported on a Form 4 report filed by the reporting person on February16, 2023.

SEC source: 0001428205-24-000003 · wk-form4_1704318078.xml · nonDerivative · entry 1

Downey Carolyn · CIK 0001455810 · Director

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 15,966

F1 · price: On January 2, 2024, the reporting person received 854 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 854 shares of stock represent the reporting person's election of stock compensation for the past quarter.

SEC source: 0001428205-24-000004 · wk-form4_1704318189.xml · nonDerivative · entry 1

PAPERIN STEWART J · CIK 0001207637 · Director

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote

Disclosed balance after: 20,622

F1 · kind: On January 2, 2024, the reporting person received 854 shares of ARMOUR common stock pursuant to quarterly compensation paid for the reporting person's service on ARMOUR's Board of Directors. The reporting person may elect to receive $16,500 of the reporting person's total quarterly compensation (or $66,000 on an annual basis) paid in common stock, cash, or a combination of stock and cash at the option of the director. The 854 shares of stock represent the reporting person's election of stock compensation for the past quarter.

F2 · ownership.nature: Represents shares owned indirectly through the Stewart J. Paperin Family Trust. Mr. Paperin has a pecuniary interest in and investment control over the shares held by the Trust.

SEC source: 0001428205-23-000216 · wk-form4_1703886007.xml · nonDerivative · entry 1

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: No plan indicated

Ownership: Indirect · See Footnote.

Disclosed balance after: 10,500

F1 · price: The price reported in Column 4 is a weighted average price. The shares were purchased in multiple transactions at prices ranging from $19.34 to $19.71, inclusive. The reporting person undertakes to provide ARMOUR Residential REIT, Inc. any security holder of ARMOUR Residential REIT, Inc, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote.

F2 · ownership.direct: The Form 4 filed November 24, 2023 reporting the acquisitions on November 21, 2023 erroneously indicated that the shares were directly held.

F3 · ownership.nature: Represents shares owned indirectly through DM Staton Family Limited Partnership. The reporting person is a general partner and a limited partner of DM Staton Family Limited Partnership. The reporting person has a pecuniary interest in the shares held by DM Staton Family Limited Partnership.

SEC source: 0001428205-23-000204 · wk-form4_1700860272.xml · derivative · entry 4

STATON DANIEL C · CIK 0001024240 · Director · Chairman of the Board

10b5-1 filing: No plan indicated

Ownership: Direct

Disclosed balance after: 14,950

Underlying: Common Stock · 500 shares

Expires not disclosed

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.

F4 · derivative.exercise_price: Each unit of phantom stock is the economic equivalent of one share of ARMOUR common stock.

F3 · derivative.exercise_date: On November 21, 2023, the reporting person elected to convert 500 of the 500 shares of vested phantom stock into 500 shares of ARMOUR common stock. The 500 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021.

F3 · derivative.expiration_date: On November 21, 2023, the reporting person elected to convert 500 of the 500 shares of vested phantom stock into 500 shares of ARMOUR common stock. The 500 shares are part of, and relate to, phantom stock vesting over five-year periods, which was reported on Form 4 reports filed by the reporting person on January 16, 2020, and February 14, 2023 and phantom stock vesting over a six-and-a-half year period, which was reported on a Form 4 report filed by the reporting person on January 14, 2021.