DYNEX CAPITAL INC
For the period ended Sep 30, 2026. Filed Oct 27, 2026.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2026 · Filed Oct 27, 2026
What changed in Risk Factors?
Read the current filingPrevious report: 10-Q
Period ended 2026-06-30; filed 2026-07-27.
0000826675-26-000078
Item 1A. RISK FACTORSCurrent report: 10-Q
Period ended 2026-09-30; filed 2026-10-27.
0000826675-26-000127
Item 1A. RISK FACTORSThe baseline is this issuer’s latest earlier reporting period of the same form that was filed before the current report. A previous 10-Q is a different quarter, not a year-over-year comparison. Amendments are excluded.
Compared 6 previous paragraphs and 23 current paragraphs.
3 unchanged; 3 reworded; 0 added; 0 removed; 0 previous and 17 current paragraphs rearranged.
Tables are not compared: 0 previous and 0 current tables excluded. Dates, whitespace, punctuation and numbering changes are ignored; changes to financial figures remain significant.
A changed paragraph is not evidence that risk increased or decreased. An unchanged paragraph does not establish that risk stayed the same.
Reworded paragraphs (3)
Previous wording
There have been no material changes from the risk factors discussed in Part I, Item 1A, “Risk Factors” of our 2025 Form 10-K. Risks and uncertainties identified in our forward-looking statements contained in this Quarterly Report on Form 10-Q together with those previously disclosed in the 2025 Form 10-K or those that are presently unforeseen could result in significant adverse effects on our financial condition, results of operations and cash flows. See “Forward-Looking Statements” contained in Part I, Item 2, “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in this Quarterly Report on Form 10-Q as well as Part I, Item 1A, “Risk Factors” in our 2025 Form 10-K.
Current wording
There have been no material changes from the risk factors discussed in Part I, Item 1A, “Risk Factors” of
Previous wording
The Company’s Board of Directors approved a new share repurchase program (the “Program”) authorizing the repurchase of up to $300 million of its common stock and up to $50 million of its preferred stock, including any series thereof currently or hereafter authorized. Under the Program, repurchases may be made from time to time through open market transactions, privately negotiated transactions, or other means, including, without limitation, trading plans adopted in accordance with Rule 10b5-1 under the Exchange Act. The actual means and timing of any repurchases under the Program will depend on a variety of factors, including, without limitation, the market prices of its common stock and preferred stock, as applicable, general market and economic conditions, and applicable legal and regulatory requirements. The Program is authorized through April 30, 2028, and replaces the Company’s prior repurchase program, which expired April 30, 2026. The Program does not require the Company to purchase any shares and may be modified, suspended, or terminated by the Board at any time.
Current wording
The Company’s Board of Directors approved a new share repurchase program (the “Program”) authorizing
Previous wording
The Company did not repurchase any shares of its common stock or Series C Preferred Stock during the three months ended June 30, 2026. Employees forfeited 305,441 common shares to cover payroll tax withholding on share-based compensation that vested during the six months ended June 30, 2026.
Current wording
The Company did not repurchase any shares of its common or preferred stocks during the three months
Rearranged current paragraphs (17)
Current report — wording carried from elsewhere
our 2025 Form 10-K. Risks and uncertainties identified in our forward-looking statements contained in this
Current report — wording carried from elsewhere
Quarterly Report on Form 10-Q together with those previously disclosed in the 2025 Form 10-K or those that are
Current report — wording carried from elsewhere
presently unforeseen could result in significant adverse effects on our financial condition, results of operations and
Current report — wording carried from elsewhere
cash flows. See “Forward-Looking Statements” contained in Part I, Item 2, “Management’s Discussion and Analysis
Current report — wording carried from elsewhere
of Financial Condition and Results of Operations” in this Quarterly Report on Form 10-Q as well as Part I, Item 1A,
Current report — wording carried from elsewhere
“Risk Factors” in our 2025 Form 10-K.
Current report — wording carried from elsewhere
the repurchase of up to $300 million of its common stockand up to $50 million of its preferred stock, including any
Current report — wording carried from elsewhere
series thereof currently or hereafter authorized. Under the Program, repurchases may be made from time to time
Current report — wording carried from elsewhere
through open market transactions, privately negotiated transactions, or other means, including, without limitation,
Current report — wording carried from elsewhere
trading plans adopted in accordance with Rule 10b5-1 under the Exchange Act. The actual means and timing of any
Current report — wording carried from elsewhere
repurchases under the Program will depend on a variety of factors, including, without limitation, the market prices of
Current report — wording carried from elsewhere
its common stock and preferred stock, as applicable, general market and economic conditions, and applicable legal
Current report — wording carried from elsewhere
and regulatory requirements. The Program is authorized through April 30, 2028, and replaces the Company’s prior
Current report — wording carried from elsewhere
repurchase program, which expired April 30, 2026. The Program does not require the Company to purchase any
Current report — wording carried from elsewhere
shares and may be modified, suspended, or terminated by the Board at any time.
Current report — wording carried from elsewhere
ended September 30, 2026. Employees have forfeited 341,986 common shares to cover payroll tax withholding on
Current report — wording carried from elsewhere
share-based compensation that vested during thenine months ended September 30, 2026.