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 25, 2022

NATIONAL RURAL UTILITIES COOPERATIVE FINANCE CORPORATION

(Exact name of registrant as specified in its charter)

Registrant's telephone number, including area code: (703) 467-1800

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

¨ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

¨ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

¨ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

¨ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ¨

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ¨

Securities registered pursuant to Section 12(b) of the Act:

On August 25, 2022, National Rural Utilities Cooperative Finance Corporation (the “Company”) appointed Pankaj Shah, age 38, as principal accounting officer of the Company. Mr. Shah joined the Company as Vice President and Controller in July 2022. Prior to joining the Company, Mr. Shah held various positions with Deloitte & Touche LLP since 2010 and most recently served as Audit and Assurance Senior Manager from April 2019 to June 2022 and Risk Advisory Senior Manager at Deloitte LLP from August 2017 to March 2019. Mr. Shah holds a B.S. in Management from the University of Mumbai, an M.S. in Accounting and an M.B.A in Finance from Virginia Polytechnic Institute and State University and is a Certified Public Accountant.

Yu Ling Wang, the Company’s Senior Vice President and Chief Financial Officer, who currently serves as both principal financial officer and principal accounting officer, will continue serving as the Company’s principal financial officer.

There are no family relationships between Mr. Shah and any executive officer or director of the Company and Mr. Shah does not have any direct or indirect material interest in any transaction required to be disclosed pursuant to Item 404(a) of Regulation S-K. Mr. Shah was not appointed pursuant to any arrangement or understanding between him and any other person.

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.

Dated: August 26, 2022