Form 4 Filing for Armour Residential REIT, Inc.

This filing details a Form 4 submission for Armour Residential REIT, Inc. (ARR), reporting ownership changes for director Marc H. Bell. On May 19, 2026, Mr. Bell was granted 17,140 phantom shares under the company's stock incentive plan. These shares will vest over a five-year period, with partial vesting occurring quarterly. Upon vesting, Mr. Bell is entitled to an equal number of ARR common shares. The phantom shares vest immediately upon death, disability, or a change in control. Unvested shares are forfeited upon termination of service, with provisions for retention under specific retirement or resignation conditions. Mr. Bell also has the option to elect to have withholding taxes satisfied by reducing the number of shares issued and may receive cash dividends or additional shares in lieu of cash. Each phantom share is economically equivalent to one share of common stock.