David L. Finkelstein, CEO and Co-CIO of Annaly Capital Management, Inc., filed a Form 4 on November 3, 2026, disclosing the sale of 48,223 shares of common stock on November 2, 2026, under a pre-established Rule 10b5-1 trading plan.

Key Highlights

  • Reporting person: David L. Finkelstein, CEO and Co-CIO of Annaly Capital Management, Inc.
  • Shares disposed: 48,223 shares of common stock sold on November 2, 2026, with transaction code S (sale).
  • Weighted average price: $18.43 per share, with a range from $18.27 (low) to $18.54 (high).
  • Beneficial ownership following transaction: 731,267 shares held directly, including dividend equivalent units on restricted unit awards.
  • 10b5-1 plan: The sale was made pursuant to a Rule 10b5-1 plan adopted November 12, 2025, "for tax and estate planning purposes."
  • Filing exchange and ticker: NYSE:NLY

Finkelstein's November 2026 Planned Share Sale at Annaly Capital Management

According to the Form 4 filed with the SEC on November 3, 2026, David L. Finkelstein, who serves as both Director and CEO and Co-CIO of Annaly Capital Management, Inc. (NYSE:NLY), disposed of 48,223 shares of common stock on November 2, 2026. The filing identifies the transaction code as S, indicating a sale. The sale was executed at a weighted average price of $18.43 per share, with individual transaction prices ranging from a low of $18.27 to a high of $18.54.

The filing states that the sale "was effected pursuant to a Rule 10b5-1 plan adopted November 12, 2025 for tax and estate planning purposes." The box indicating a Rule 10b5-1(c) plan is checked on the form. The reporting person's undertaking to provide full per-price transaction detail upon request to the issuer, any security holder, or SEC staff is also noted in the filing's footnotes.

Following the reported transaction, Finkelstein directly holds 731,267 shares. The filing notes that this total includes dividend equivalent units ("DEUs") issued on restricted unit awards, with the filing explaining that "each DEU is the economic equivalent of one share of common stock of Annaly Capital Management, Inc. and payable in one share for each whole DEU." The Form 4 was signed by Serena Wolfe as Attorney-in-Fact for David L. Finkelstein on November 3, 2026.

What Was Disclosed

The Form 4 discloses a sale of 48,223 Annaly Capital Management common shares by CEO and Co-CIO David L. Finkelstein on November 2, 2026, at a weighted average price of $18.43, executed under a 10b5-1 plan adopted in November 2025. His direct beneficial ownership following the transaction stands at 731,267 shares.