Freddie Mac Reports Board Changes and Executive Compensation Updates
Ticker: FMCKK · Form: 8-K · Filed: Jul 1, 2024 · CIK: 1026214
| Field | Detail |
|---|---|
| Company | Federal Home Loan Mortgage Corp (FMCKK) |
| Form Type | 8-K |
| Filed Date | Jul 1, 2024 |
| Risk Level | low |
| Pages | 2 |
| Reading Time | 2 min |
| Key Dollar Amounts | $1.6 billion, $185 million |
| Sentiment | neutral |
Sentiment: neutral
Topics: governance, executive-compensation, board-of-directors
TL;DR
Freddie Mac's 8-K: Board shake-up and exec pay changes filed June 28.
AI Summary
On June 28, 2024, Federal Home Loan Mortgage Corporation (Freddie Mac) filed an 8-K report detailing changes in its board of directors and executive compensation arrangements. The filing includes the departure of certain officers and the election of new directors, alongside information regarding compensatory arrangements for its key executives.
Why It Matters
Changes in a company's board and executive compensation can signal shifts in strategy, governance, or financial priorities, impacting investor confidence and future performance.
Risk Assessment
Risk Level: low — This filing primarily concerns routine corporate governance and executive compensation matters, with no immediate financial distress or significant operational changes indicated.
Key Players & Entities
- Federal Home Loan Mortgage Corporation (company) — Registrant
- Freddie Mac (company) — Registrant's common name
- June 28, 2024 (date) — Date of earliest event reported
FAQ
What specific items are covered in this 8-K filing by Federal Home Loan Mortgage Corporation?
This 8-K filing covers the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements of certain officers, as well as financial statements and exhibits.
When was the earliest event reported in this filing?
The earliest event reported in this filing occurred on June 28, 2024.
What is the principal executive office address for Federal Home Loan Mortgage Corporation?
The principal executive office address is 8200 Jones Branch Drive, McLean, Virginia 22102-3110.
What is the SEC file number for Federal Home Loan Mortgage Corporation?
The SEC file number for Federal Home Loan Mortgage Corporation is 001-34139.
What is the IRS Employer Identification Number for Federal Home Loan Mortgage Corporation?
The IRS Employer Identification Number for Federal Home Loan Mortgage Corporation is 52-0904874.
Filing Stats: 623 words · 2 min read · ~2 pages · Grade level 11 · Accepted 2024-07-01 16:00:16
Key Financial Figures
- $1.6 billion — ss. In 2023, we acquired loans totaling $1.6 billion and to date in 2024 we have acquired lo
- $185 million — we have acquired loans with a value of $185 million from NewPoint. These transactions have
Filing Documents
- fmcc-20240628.htm (8-K) — 32KB
- 0001026214-24-000062.txt ( ) — 142KB
- fmcc-20240628.xsd (EX-101.SCH) — 2KB
- fmcc-20240628_lab.xml (EX-101.LAB) — 19KB
- fmcc-20240628_pre.xml (EX-101.PRE) — 11KB
- fmcc-20240628_htm.xml (XML) — 2KB
01. Financial Statements and Exhibits
Item 9.01. Financial Statements and Exhibits. (d) Exhibits. The exhibits listed in the Exhibit Index below are being submitted with this report. Exhibit Number Description of Exhibit 104 Cover Page Interactive Data File (embedded within the Inline XBRL document) ______________________________________________________________________________________________________ Freddie Mac Form 8-K SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. FEDERAL HOME LOAN MORTGAGE CORPORATION By: /s/ Heidi L. Mason Heidi L. Mason EVP & General Counsel Date: July 1, 2024 ______________________________________________________________________________________________________ Freddie Mac Form 8-K