Farmland Partners (FPI) counsel forfeits shares to cover restricted stock taxes
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Garrison Christine M. reported disposition transactions in this Form 4 filing.
Farmland Partners Inc. General Counsel and Secretary Christine M. Garrison reported a Form 4 transaction involving company common stock. On February 24, 2026, 2,049 shares were forfeited at an indicated value of $12.62 per share to cover tax obligations tied to vesting of restricted stock, leaving her with 41,298 directly held shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Garrison Christine M.
Role
General Counsel and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,049 | $12.62 | $26K |
Holdings After Transaction:
Common Stock — 41,298 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Farmland Partners (FPI) report for Christine M. Garrison?
Farmland Partners reported that General Counsel and Secretary Christine M. Garrison forfeited 2,049 common shares. The transaction covered tax obligations arising from the vesting of restricted stock and was not an open-market buy or sell transaction.
Was the Farmland Partners (FPI) Form 4 transaction an open-market sale?
No, the Form 4 transaction was not an open-market sale. The 2,049 shares were forfeited to satisfy Ms. Garrison’s tax obligations related to vesting restricted shares, a tax-withholding disposition rather than a discretionary sale into the market.
What is the transaction code and meaning in this Farmland Partners (FPI) Form 4?
The transaction code is “F,” which indicates payment of exercise price or tax liability by delivering securities. In this case, Ms. Garrison forfeited 2,049 shares to satisfy tax obligations triggered by the vesting of restricted common stock.
Does the Farmland Partners (FPI) Form 4 show Christine M. Garrison as a direct owner?
Yes, the Form 4 identifies Christine M. Garrison as holding the shares directly. After the tax-withholding forfeiture of 2,049 shares, her directly owned position in Farmland Partners common stock is reported as 41,298 shares.