AGNC sets Gary Kain 2027 annual cash bonus target at $1.3 million
AGNC•Kain’s 2027 pay targets reset
AGNC Investment Corp. amended Executive Chair Gary Kain’s employment terms on Sept. 10, 2026, resetting bonus and equity targets from 2027.
- Annual cash bonus target set at USD 1.3 million, with payouts ranging from 0% to 200% based on performance measures.
- Annual long-term incentive target set at USD 1.5 million in common stock, subject to board approval, starting in 2027.
- 67% of the equity award is tied to three-year performance metrics with a 0% to 200% payout range; 33% vests ratably over three years.
- Base salary terms, separation payments, and restrictive covenants remain unchanged.
