Freddie Mac Files 8-K on Officer Changes and Financials
Ticker: FMCKK · Form: 8-K · Filed: Jan 7, 2025 · CIK: 1026214
| Field | Detail |
|---|---|
| Company | Federal Home Loan Mortgage Corp (FMCKK) |
| Form Type | 8-K |
| Filed Date | Jan 7, 2025 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 4 min |
| Key Dollar Amounts | $2,400,000, $600,000, $1,080,000, $720,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: corporate-governance, financial-reporting
TL;DR
Freddie Mac 8-K filed Jan 7: Officer changes, director elections, and financials.
AI Summary
Federal Home Loan Mortgage Corporation (Freddie Mac) filed an 8-K on January 7, 2025, reporting on the departure of directors or certain officers, election of directors, appointment of certain officers, and compensatory arrangements. The filing also includes financial statements and exhibits.
Why It Matters
This filing provides crucial updates on the leadership and financial reporting of Freddie Mac, a significant entity in the US housing finance system.
Risk Assessment
Risk Level: low — This is a routine filing reporting on corporate governance and financial statements, not indicating immediate operational or financial distress.
Key Players & Entities
- Federal Home Loan Mortgage Corporation (company) — Registrant
- Freddie Mac (company) — Registrant's common name
- January 7, 2025 (date) — Date of earliest event reported
FAQ
What specific items are being reported in this 8-K filing?
This 8-K filing reports on the departure of directors or certain officers, the election of directors, the appointment of certain officers, and compensatory arrangements of certain officers. It also includes financial statements and exhibits.
What is the exact name of the registrant?
The exact name of the registrant is Federal Home Loan Mortgage Corporation.
When was the earliest event reported in this filing?
The earliest event reported in this filing was on January 7, 2025.
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 telephone number for the registrant?
The registrant's telephone number, including area code, is (703) 903-2000.
Filing Stats: 1,113 words · 4 min read · ~4 pages · Grade level 11.4 · Accepted 2025-01-07 10:02:26
Key Financial Figures
- $2,400,000 — arget Total Direct Compensation will be $2,400,000, consisting of Base Salary of $600,000,
- $600,000 — 2,400,000, consisting of Base Salary of $600,000, Fixed Deferred Salary of $1,080,000, a
- $1,080,000 — y of $600,000, Fixed Deferred Salary of $1,080,000, and At-Risk Deferred Salary of $720,00
- $720,000 — 080,000, and At-Risk Deferred Salary of $720,000. His At-Risk Deferred Salary is subject
Filing Documents
- fmcc-20250107.htm (8-K) — 45KB
- january720258kexhibit101.htm (EX-10.1) — 13KB
- ex991pressreleasejanuary72.htm (EX-99.1) — 9KB
- headera.jpg (GRAPHIC) — 35KB
- newsrelease3a.jpg (GRAPHIC) — 30KB
- pressreleaseimagev2a05a.jpg (GRAPHIC) — 39KB
- 0001026214-25-000003.txt ( ) — 317KB
- fmcc-20250107.xsd (EX-101.SCH) — 2KB
- fmcc-20250107_lab.xml (EX-101.LAB) — 19KB
- fmcc-20250107_pre.xml (EX-101.PRE) — 11KB
- fmcc-20250107_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 10.1 Memorandum Agreement, dated December 30, 2024, between Freddie Mac and James Whitlinger 10.2 2022 Executive Management Compensation Program (incorporated by reference to Exhibit 10.3 to the Registrant's Quarterly Report on Form 10-Q filed on November 8, 2022) 10.3 Executive Management Compensation Program Recapture and Forfeiture Agreement (incorporated by reference to Exhibit 10.18 to the Registrant's Annual Report on Form 10-K filed on February 16, 2017) 10.4 Form of Restrictive Covenant and Confidentiality Agreement between the Federal Home Loan Mortgage Corporation and Executive Officers (incorporated by reference to Exhibit 10.2 to the Registrant's Quarterly Report on Form 10-Q filed on July 29, 2021) 10.5 Form of Indemnification Agreement between the Federal Home Loan Mortgage Corporation and Executive Officers (incorporated by reference to Exhibit 10.27 to the Registrant's Annual Report on Form 10-K filed on February 10, 2022) 99.1 Press Release, dated January 7, 2025, issued by Freddie Mac 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: January 7, 2025 ______________________________________________________________________________________________________ Freddie Mac Form 8-K