Farmland Partners chair forfeits shares for taxes

Farmland Partners Inc. Executive Chairman Paul A. Pittman reported a tax-related share disposition.

Rhea-AI Filing Summary

Farmland Partners Inc. Executive Chairman Paul A. Pittman reported a tax-related share disposition. On March 4, 2026, he forfeited 7,010 shares of common stock at $12.97 per share to satisfy tax obligations tied to vesting restricted shares. After this tax-withholding disposition, he directly holds 1,648,223 common shares. He also has indirect ownership in additional shares, including stock held by PJAC Farmland Partners, LLC, which he controls, as well as shares held by his spouse and daughters.

Insider Trade Summary

Exercise Price or Tax Liability: 7,010 shares

Exercise Price or Tax Liability 5 txns

Insider Pittman Paul A

Role Executive Chairman

Type	Security	Shares	Price	Value
Exercise Price or Tax Liability	Common Stock	7,010	$12.97	$91K
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--
holding	Common Stock	--	--	--

Holdings After Transaction: Common Stock — 1,648,223 shares (Direct); Common Stock — 1,271,500 shares (Indirect, By LLC); Common Stock — 5,300 shares (Indirect, By Spouse); Common Stock — 1,200 shares (Indirect, By daughter, Allison Pittman); Common Stock — 1,100 shares (Indirect, As UMTA Custodian for daughter, Catherine Pittman)

Footnotes (2)

1. F1. These shares were forfeited to satisfy Mr. Pittman's tax obligations in connection with the vesting of restricted shares of common stock.
2. F2. The shares are held by PJAC Farmland Partners, LLC, an entity controlled by the Reporting Person.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What did Farmland Partners (FPI) executive Paul Pittman report in this Form 4?

Paul Pittman reported a tax-withholding disposition of Farmland Partners common stock. He forfeited shares to cover tax obligations arising from vesting restricted stock, rather than executing an open-market sale, while maintaining a substantial ongoing equity stake in the company.

How many Farmland Partners shares were forfeited by Paul Pittman for taxes?

Paul Pittman forfeited 7,010 shares of Farmland Partners common stock at $12.97 per share. The shares were used to satisfy his tax obligations related to the vesting of restricted stock awards, according to the Form 4 disclosure and accompanying footnote.

Is Paul Pittman’s Form 4 transaction in FPI stock an open-market sale?

No, the Form 4 describes a tax-withholding disposition, not an open-market sale. Shares were forfeited to cover tax liabilities from vesting restricted shares, meaning the transaction was a routine administrative step tied to equity compensation rather than a discretionary stock sale.

How many Farmland Partners shares does Paul Pittman hold directly after this filing?

After the reported transaction, Paul Pittman directly owns 1,648,223 shares of Farmland Partners common stock. This direct holding remains substantial even after the 7,010-share tax-related forfeiture disclosed in the Form 4 filing for the Executive Chairman.

What indirect Farmland Partners holdings are associated with Paul Pittman?

The Form 4 notes indirect holdings including shares held by PJAC Farmland Partners, LLC, an entity controlled by Pittman, and additional shares held by his spouse and daughters. These positions are reported as indirect ownership interests separate from his directly held common stock.

Why were Farmland Partners shares forfeited in connection with restricted stock vesting?

Shares were forfeited to satisfy tax obligations triggered when restricted common stock vested. Instead of paying taxes in cash, a portion of the vested shares was withheld, a common method for executives to handle payroll and income tax liabilities on equity awards.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 03/05/2026 - 08:03 PM Learn about SEC filing dates

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).

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^*

Pittman Paul A

(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
X	Officer (give title below)		Other (specify below)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
03/04/2026

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

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	03/04/2026		F		7,010(1)	D	$12.97	1,648,223	D
Common Stock								1,271,500	I	By LLC(2)
Common Stock								5,300	I	By Spouse
Common Stock								1,200	I	By daughter, Allison Pittman
Common Stock								1,100	I	As UMTA Custodian for daughter, Catherine Pittman

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. These shares were forfeited to satisfy Mr. Pittman's tax obligations in connection with the vesting of restricted shares of common stock.

2. The shares are held by PJAC Farmland Partners, LLC, an entity controlled by the Reporting Person.

	/s/ Christine M. Garrison, as attorney-in-fact for Paul Pittman	03/05/2026
	** 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.
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