Federal National Mortgage Association - 5.50% PRF PERPETUAL USD 50 Insider Trades
FNMAK
Federal National Mortgage Association (Fannie Mae) is a prominent U.S. government-sponsored enterprise (GSE) that provides liquidity, stability, and affordability to the housing finance system by purchasing residential mortgage loans from lenders and securitizing them into mortgage-backed securities (MBS) for investors. FNMAK represents a preferred stock of this entity. The company is headquartered in Washington, D.C., and is led by President and CEO Priscilla Almodovar and Chairman Bill Pulte. Fannie Mae's insider trading profile, generally tracked under its common stock ticker FNMA, shows activity from its corporate insiders, including officers and directors. The company's Executive Leadership Team includes key figures such as Peter Akwaboah (EVP and Chief Operating Officer) and Erik Bisso (EVP, Chief Investment Officer, and Head of Treasury and Capital Markets). The Board of Directors includes both independent members and company executives. While insider trading can involve both legal and illegal activities, all trades by insiders, who are officers, directors, or significant shareholders, must be reported to the SEC via a Form 4. For FNMA, the overall insider power has been calculated as negative, with insiders buying a significant number of shares (over 8 million) and selling a smaller, but notable, number of shares (over 77,000) in a recent period across numerous trades. The Federal Housing Finance Agency (FHFA) provides supervisory guidance to Fannie Mae for managing insider trading risk and related conflicts of interest to ensure a sound operating environment.