Farmland Partners (FPI) director logs 1,600-share preplanned stock sale

Rhea-AI Filing Summary

Farmland Partners Inc. director Jennifer S. Grafton sold 1,600 shares of common stock in an open-market transaction at $12.36 per share. The trade occurred on February 24, 2026 under a prearranged Rule 10b5-1 trading plan adopted on November 4, 2025. After the sale, she directly held 10,400 shares. The amended filing also corrects an earlier Form 4 that had mistakenly reported this transaction as a purchase instead of a sale.

Insights

Equity markets and governance analyst

Small, preplanned director sale with a corrective amendment is generally neutral.

The filing shows director Jennifer S. Grafton sold 1,600 shares of Farmland Partners Inc. common stock at $12.36 per share on February 24, 2026. The transaction was executed as an open-market sale and leaves her with 10,400 directly held shares.

The sale was made under a Rule 10b5-1 trading plan adopted on November 4, 2025, indicating it was prearranged rather than reactive to short-term news. The amendment also clarifies that a prior Form 4 had incorrectly shown this trade as a purchase.

Because the share amount is modest and the trade was made under a preexisting plan, this event typically does not change an overall investment thesis. The key takeaway is the corrected characterization of the transaction as a sale rather than a purchase.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

X

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Grafton Jennifer S

(Last) (First) (Middle)

C/O FARMLAND PARTNERS INC.

4600 S. SYRACUSE STREET SUITE 1450

(Street)

DENVER CO 80237

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Farmland Partners Inc. [ FPI ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
02/24/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)
02/24/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	02/24/2026		S(1)(2)		1,600	D	$12.36	10,400	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. The sale reported in this Form 4 was effective pursuant to a Rule 10b5-1 trading plan adopted by the reporting person on November 4, 2025.

2. On February 24, 2026, the reporting person filed a Form 4 which inadvertently reported a purchase of common stock, when it should have reported a sale.

	/s/ Christine M. Garrison, as attorney-in-fact for Jennifer S. Grafton	02/25/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Farmland Partners Inc. (FPI) report for Jennifer S. Grafton?

Farmland Partners Inc. reported that director Jennifer S. Grafton sold 1,600 shares of common stock. The open-market sale occurred at $12.36 per share, and after the transaction she directly held 10,400 shares, according to the amended Form 4/A filing.

Was the Farmland Partners (FPI) insider sale made under a Rule 10b5-1 plan?

Yes. The sale was executed under a Rule 10b5-1 trading plan adopted by Jennifer S. Grafton on November 4, 2025. Such plans allow insiders to schedule trades in advance, helping separate trading decisions from day-to-day market or company developments.

How many Farmland Partners (FPI) shares did Jennifer S. Grafton own after the reported sale?

After selling 1,600 shares, Jennifer S. Grafton directly owned 10,400 shares of Farmland Partners common stock. This post-transaction balance reflects her remaining direct holdings as disclosed in the amended Form 4/A insider trading report filed with the SEC.

What error does the amended Farmland Partners (FPI) Form 4/A correct?

The amended Form 4/A corrects an earlier Form 4 that mistakenly reported the February 24, 2026 transaction as a purchase. The amendment clarifies that the activity was actually a sale of 1,600 shares of common stock in the open market.

What was the sale price for the Farmland Partners (FPI) insider transaction?

Jennifer S. Grafton sold 1,600 Farmland Partners common shares at $12.36 per share. This price reflects the average transaction price reported for the open-market sale that took place on February 24, 2026 under her Rule 10b5-1 trading plan.

Who is the insider involved in the latest Farmland Partners (FPI) Form 4/A filing?

The insider is Jennifer S. Grafton, a director of Farmland Partners Inc. She reported an open-market sale of 1,600 common shares at $12.36 each, and now directly holds 10,400 shares following this preplanned Rule 10b5-1 transaction.