Offerings // ANNALY CAPITAL MANAGEMENT INC

NLY offering history

Every offering-related filing in ANNALY CAPITAL MANAGEMENT INC’s recent SEC record — registrations (announced capacity) kept separate from pricing documents (executed sales). Reviewed 1,000 filings back to May 9, 2012.

Last executed offering
Dec 22, 2025
424B5 — priced deal (shares or notes)
Last registration (announced)
Dec 10, 2024
S-3ASR — capacity, not a sale
Executed, last 12 months
1
424B pricings + 8-K 3.02 sales
Registered, last 12 months
0
S-1/S-3/F-series registrations
DateFilingWhat it means
Dec 22, 2025424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Aug 1, 2025424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jul 31, 2025424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jul 31, 2025FWPMARKETINGFree-writing prospectus — offering being marketed
May 8, 2025424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Dec 10, 2024S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
Sep 20, 2024S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
Sep 20, 2024424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Nov 3, 2022424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Aug 2, 2022424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Aug 1, 2022424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
May 17, 2022424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
May 16, 2022424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jan 31, 2022S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
Jan 31, 2022424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Aug 6, 2021424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Dec 11, 2020S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
Jun 21, 2019FWPMARKETINGFree-writing prospectus — offering being marketed
Jun 21, 2019424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 20, 2019424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Feb 20, 2019424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Feb 1, 2019S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
Jan 9, 2019424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jan 7, 2019424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Sep 13, 2018424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Sep 11, 2018424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jun 4, 2018424B3UPDATEProspectus update — often a resale registration, not necessarily new capital
Jun 4, 2018EFFECTEFFECTIVESEC declared a registration effective — selling can begin
Jan 9, 2018424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jan 8, 2018424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jan 8, 2018FWPMARKETINGFree-writing prospectus — offering being marketed
Jan 3, 2018424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Dec 18, 2017S-3ASRREGISTEREDAutomatic shelf registration — effective immediately (large filers)
Oct 10, 2017424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Oct 5, 2017424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jul 26, 2017424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jul 25, 2017424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jul 25, 2017FWPMARKETINGFree-writing prospectus — offering being marketed
Jul 19, 2017424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
Jul 17, 2017424B5EXECUTEDShelf takedown priced — shares or notes (small-caps: usually shares; open the filing to confirm)
NLY offering-related filings from SEC EDGAR, newest first (capped at 40). Each links to the original document.

Two honest limits. (1) A 424B takedown can price shares or notes— EDGAR’s metadata doesn’t say which, so open the document: large investment-grade filers use these mostly for bond deals (no dilution), small-caps mostly for shares. (2) At-the-market (ATM) programs sell shares gradually and individual sales are not separately filed — the visible footprint is the enabling shelf and its 424B5; actual ATM share counts surface later in the 10-Q/10-K share count. Educational information from public filings, not investment advice.

Is a shelf active now? →Do they need money? →Red flags →Full NLY workspace →
NLY offering FAQ

When did NLY last execute an offering?

Per SEC filings, ANNALY CAPITAL MANAGEMENT INC's most recent priced offering document is a 424B5 filed 2025-12-22. Note a 424B takedown can price shares or notes (debt) — the linked document says which.

When did NLY last announce or register an offering?

The most recent registration is a S-3ASR filed 2024-12-10. A registration is capacity to sell shares — not a sale.

Does an offering always mean dilution?

Registered direct offerings and shelf takedowns issue new shares and dilute existing holders. Resale registrations (424B3/B7) let existing holders sell and do not create new shares. Secondary sales by insiders also do not dilute. Each row here is labeled with what it is.