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Annaly Capital Director Scott Wede Buys $940,000 of Stock

Wede bought 50,000 shares at $18.80 each, leaving him with 50,000 shares held through an IRA after the trade.

By Zintick Team · Editor: Kratik Mehta
Published

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Key points

  • Director Scott Wede bought 50,000 shares for $940,000 at $18.80 each
  • Purchase made Nov. 6 through an IRA; 50,000 shares held after the trade
  • Finkelstein sold 48,223 shares worth $888,749.89 under a 10b5-1 plan
  • Q3 GAAP net loss of $1.00 billion, or $1.36 per diluted share

Annaly Capital Management director Scott Wede bought $940,000 of the company's stock (NYSE: NLY), according to a Form 4 filing with the Securities and Exchange Commission made public Monday, Nov. 9, 2026.

Wede bought 50,000 shares on Nov. 6 at $18.80 each. The purchase was made through an IRA, and he held 50,000 shares after the trade. The filing shows no sales by him.

Other insider activity

In the period from Aug. 11, 2026, through the day before the filings, CEO and Co-CIO and director David L. Finkelstein sold 48,223 shares worth $888,749.89 under a pre-arranged trading plan.

Price and company figures

Annaly's last close before the filings was $18.95 on Monday. The stock rose 3.6% over the 20 sessions leading to that close. The company's market capitalization before the filing was about $14.93 billion.

For the third quarter ended Sept. 30, Annaly reported a GAAP net loss of $1.00 billion, or $1.36 per diluted share, compared with net income of $832.4 million a year earlier. Net interest income rose 97% to $543.6 million. The company reported $2.18 billion in cash and equivalents as of Sept. 30.

The company's quarterly results were released in a 10-Q filing 12 days before the insider filing.

Sources

Written with AI from insiders' Form 4 filings with the SEC and our market data, and checked against those sources before publishing. Our editorial standards.

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Filings, figures and price history are on the Annaly Capital Management page.