Armour Residential REIT, Inc. - Form 4 Filing

This filing details a grant of 17,140 phantom shares to Robert C. Hain, a director at Armour Residential REIT, Inc. These shares, granted under the company's 2009 Stock Incentive Plan, will vest over a five-year period, with installments vesting on specific dates between May 20, 2026, and February 20, 2031. Upon vesting, Mr. Hain is entitled to an equal number of Armour common shares. The phantom shares also feature accelerated vesting upon death, disability, or a change in control of the company. In specific resignation or retirement scenarios (age + years of service >= 70), unvested shares may be retained, subject to continued fulfillment of conditions. The filing also outlines provisions for tax withholding, dividend equivalents in cash or stock, and clarifies that each phantom share unit is economically equivalent to one common share. The transaction date is May 19, 2026, with post-transaction shares of phantom stock totaling 32,154.