UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 OR 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): August 3, 2005 Federal Agricultural Mortgage Corporation ---------------------------------------------- (Exact name of registrant as specified in its charter) Federally chartered instrumentality of the United States 0-17440 52-1578738 (State or other jurisdiction of (Commission (I.R.S. Employer incorporation or organization) File Number) Identification No.) 1133 21st Street, N.W., Suite 600, Washington, D.C. 20036 --------------------------------------------------- ------------ (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (202) 872-7700 No change -------------------- (Former name or former address, if changed since last report) Item 1.01. Entry into a Material Definitive Agreement. On August 3, 2005, the Registrant's Compensation Committee authorized the payment of annual incentive compensation to certain members of management based on the committee's final review of the Registrant's business performance for the business planning year ending June 30, 2005. The amounts of those payments, which were previously approved by the Registrant's Board of Directors as disclosed in a Current Report on Form 8-K filed with the SEC on June 21, 2005, were as follows: Henry D. Edelman, $419,717; Nancy E. Corsiglia, $196,695; Tom D. Stenson, $146,959; Timothy L. Buzby, $90,759; and Michael P. Morris, $96,417. Item 2.02. Results of Operations and Financial Condition. On August 9, 2005, the Registrant issued a press release to announce the Registrant's financial results for second quarter 2005 and a conference call to discuss those results and the Registrant's Quarterly Report on Form 10-Q for second quarter 2005. A copy of the press release is attached to this report as Exhibit 99 and is incorporated herein by reference. Item 9.01. Financial Statements and Exhibits. (a) Not applicable. (b) Not applicable. (c) Exhibits: 99 Press release dated August 9, 2005. SIGNATURES 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 AGRICULTURAL MORTGAGE CORPORATION By: /s/ Jerome G. Oslick --------------------------------- Name: Jerome G. Oslick Title: Vice President - General Counsel Dated: August 9, 2005 EXHIBIT INDEX Exhibit No. Description Page No. ----------- ----------- -------- 99 Press Release Dated August 9, 2005 5