Angel Oak Mortgage REIT, Inc. 10-Q

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS Issuer Purchases of Equity Securities The following table sets forth information about common stock purchases by or on behalf of the Company pursuant to the 10b5-1 Plan (as defined below) during the three months ended March 31, 2022: Month Total number of shares purchased (1) Average price paid per share Total Number of Shares Purchased as Part of Publicly Announced Plans or Programs Maximum Approximate Dollar Value of Shares that May Yet Be Purchased Under the Plans or Programs January 1, 2022 to January 31, 2022 106,875 $ 17.01 379,488 $ 18,508,770 February 1, 2022 to February 28, 2022 26,120 $ 16.64 405,608 $ 18,074,048 March 1, 2022 to March 31, 2022 46,964 $ 15.91 452,572 $ 17,327,031 Totals / Averages 179,959 $ 16.67 452,572 $ 17,327,031 (1) In June 2021, the Company entered into a 10b5-1 stock repurchase plan (the “10b5-1 Plan”) with Wells Fargo Securities LLC, pursuant to which Wells Fargo Securities, LLC, as our agent, will buy in the open market up to $25.0 million in shares of our common stock in the aggregate during the period beginning on the date that is four full calendar weeks from the closing of the IPO and ending 12 months thereafter, unless terminated sooner as specified in the 10b5-1 Plan, including if all the capital committed to the 10b5-1 Plan has been exhausted prior thereto, and otherwise on the terms set forth in the 10b5-1 Plan. All shares purchased were purchased as part of the publicly-announced 10b5-1 Plan described above. Unregistered Sales of Equity Securities There were no unregistered sales of equity securities during the quarter ended March 31, 2022. ITEM 3. DEFAULTS UPON SENIOR SECURITIES None. ITEM 4. MINE SAFETY DISCLOSURES Not applicable.