Farmland Partners CEO forfeits shares for taxes
Fabbri Luca reported disposition transactions in this Form 4 filing.
Rhea-AI Filing Summary
Fabbri Luca reported disposition transactions in this Form 4 filing.
Farmland Partners Inc. director and President/CEO Luca Fabbri reported a Form 4 transaction involving company common stock. On the reported date, 3,903 shares were forfeited at $12.97 per share to satisfy his tax obligations related to vesting of restricted stock, leaving him with 373,521 shares directly owned.
Positive
- None.
Negative
- None.
Insider Trade Summary
Exercise Price or Tax Liability: 3,903 shares
Exercise Price or Tax Liability
1 txn
Insider
Fabbri Luca
Role
President and CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,903 | $12.97 | $51K |
Holdings After Transaction:
Common Stock — 373,521 shares (Direct)
Footnotes (1)
- F1. These shares were forfeited to satisfy Mr. Fabbri's tax obligations in connection with the vesting of restricted shares of common stock.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Farmland Partners (FPI) report for Luca Fabbri?
Farmland Partners reported that CEO Luca Fabbri forfeited 3,903 common shares. The shares were used to cover tax obligations arising from the vesting of restricted stock, rather than being sold in an open-market transaction.
Does the Farmland Partners (FPI) Form 4 show an open-market sale by the CEO?
No, the Form 4 shows a tax-withholding disposition, not an open-market sale. Shares were forfeited to cover Luca Fabbri’s tax obligations related to vesting restricted stock, consistent with the footnote description in the filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.