Farmer Brothers insider report: 58,079 shares disposed, 50,000 cash RSUs granted
Rhea-AI Filing Summary
Matthew Coffman, Vice President and Controller of Farmer Brothers Co (FARM), reported transactions dated 09/15/2025. The filing shows a disposition of 58,079 shares of common stock and reports 5,848.18 shares held indirectly in the company 401(k) plan. On the same date the reporting person received a grant of 50,000 cash-settled restricted stock units (CRSUs) under the 2017 Long-Term Incentive Plan. The CRSUs vest in three equal annual installments beginning 09/15/2026 and will settle in cash upon vesting, subject to continued service and plan acceleration provisions. The form indicates 119,271 shares beneficially owned following the reported derivative grant and is signed by an attorney-in-fact on 09/17/2025.
Positive
- 50,000 CRSU grant explicitly documented under the 2017 Long-Term Incentive Plan
- Clear vesting schedule: three equal annual installments beginning 09/15/2026
- CRSUs settle in cash and are described as economic equivalents of one share each
Negative
- Disposition of 58,079 common shares reported on 09/15/2025
Insights
TL;DR: Insider reported a sizeable share disposition and a compensatory CRSU grant with multi-year vesting; disclosure is routine and governance-compliant.
The Form 4 discloses a significant disposition of 58,079 common shares alongside a 50,000 CRSU grant that vests over three years and settles in cash. The filing names the reporting person as VP and Controller and notes indirect holdings in a 401(k) plan. The reporting and signature by an attorney-in-fact meet Form 4 execution requirements. From a governance perspective, the disclosure is clear on grant terms, vesting schedule, and service conditions, enabling stakeholders to assess insider compensation timing and share movement without additional extrapolation.
TL;DR: Company awarded cash-settled RSUs that are the economic equivalent of common shares and vest over three years, supporting retention.
The grant is explicitly described as cash-based restricted stock units under the 2017 Plan, with vesting in three equal installments starting one year after grant and settlement in cash upon vesting. Each CRSU is stated to be the economic equivalent of one common share. The instrument and schedule are clearly disclosed, allowing analysis of annual compensation expense recognition and cash-settlement timing. No forward-looking compensation amounts or targets beyond the grant size are provided.