Armour Residential REIT Director Robert Hain Phantom Stock Conversion and Common Stock Transactions

This Form 4 filing reports transactions by Armour Residential REIT, Inc. (ARR) director Robert C. Hain on May 21, 2026. Hain converted 1,900 shares of vested phantom stock into common stock and cash. Specifically, he converted 950 shares of phantom stock into 950 shares of ARR common stock at $0 per share, and converted the remaining 950 shares into cash at $16.47 per share to pay income taxes on the vested stock. Following these transactions, Hain's direct holdings increased to 2,481 shares of common stock, while his phantom stock holdings decreased to 30,254 units. The phantom stock units represent the economic equivalent of common stock and were part of awards vesting over five-year periods previously reported in Form 4 filings. These transactions represent routine equity compensation management by a director rather than market-driven trading activity.