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Farmland Partners (FPI) chair forfeits shares to cover tax on vesting

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
Form Type
4

Rhea-AI Filing Summary

Farmland Partners Inc. Executive Chairman Paul A. Pittman reported a tax-withholding disposition of 2,142 shares of common stock on February 24, 2026 at $12.62 per share. The shares were forfeited to satisfy tax obligations upon vesting of restricted stock, and he now holds 1,655,233 shares directly, plus additional indirect holdings through an LLC and family accounts.

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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)
02/24/2026
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 02/24/2026 F 2,142(1) D $12.62 1,655,233 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.
Remarks:
See Exhibit 24 - Power of Attorney.
/s/ Christine M. Garrison, as attorney-in-fact for Paul Pittman 02/26/2026
** 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 FPI Executive Chairman Paul Pittman report?

Paul A. Pittman reported a tax-withholding disposition of 2,142 Farmland Partners (FPI) common shares. The shares were forfeited to cover tax obligations triggered by the vesting of restricted stock, rather than sold in an open-market transaction.

At what price were Paul Pittman’s FPI shares forfeited for taxes?

The 2,142 Farmland Partners (FPI) shares were forfeited at a price of $12.62 per share. This price is used to determine the value of shares surrendered to satisfy Pittman’s tax obligations arising from restricted stock vesting.

How many Farmland Partners shares does Paul Pittman now hold directly?

After the reported tax-withholding disposition, Paul A. Pittman directly holds 1,655,233 shares of Farmland Partners common stock. This figure reflects his remaining direct ownership following the forfeiture of 2,142 shares to satisfy associated tax obligations.

What indirect FPI shareholdings are associated with Paul Pittman?

Indirect Farmland Partners holdings associated with Paul Pittman include shares held by PJAC Farmland Partners, LLC, an entity he controls, as well as shares held by his spouse and daughters. These positions are reported as indirect ownership interests in the filing.

Was Paul Pittman’s FPI transaction an open-market sale or a tax event?

The transaction was a tax event, not an open-market sale. Shares were forfeited to satisfy Pittman’s tax obligations related to vesting restricted stock, classified as a tax-withholding disposition rather than a discretionary sale into the market.

What does transaction code F mean in Paul Pittman’s FPI filing?

Transaction code F indicates payment of a tax liability or exercise price by delivering securities. In Paul Pittman’s Farmland Partners filing, it reflects surrendering 2,142 shares to cover taxes owed upon the vesting of restricted common stock awards.
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