Welcome to our dedicated page for Farmland Partners SEC filings (Ticker: FPI), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Farmland Partners Inc. filings document the regulatory record for an internally managed farmland REIT, including Form 8-K reports of operating results, financial position, supplemental investor information, dividends, property dispositions, secured agricultural lending activity, and capital-structure actions involving common stock, Class A Common OP units, and Series A preferred units.
Proxy materials and related 8-K voting results describe board elections, annual-meeting proposals, shareholder voting outcomes, and governance procedures. The filings also frame FPI’s REIT tax status, farmland and agricultural real estate portfolio, distribution reporting, and capital-allocation disclosures through periodic and event-driven reports.
Farmland Partners Inc. executive chairman Paul A. Pittman reported equity compensation awards and a small tax-related share withholding. On February 17, 2026, he received a grant of 26,519 restricted common shares as part of his 2025 bonus, vesting in three equal annual installments.
He was also granted two blocks of 3,806 Performance Stock Units (PSUs) each, tied to absolute and relative total shareholder return over a three-year performance period beginning on December 31, 2025, with actual shares earned ranging from 0% to 150% of target. On February 18, 2026, 1,694 common shares were forfeited to cover tax obligations from vesting, a non-cash, tax-withholding disposition.
After these transactions, Pittman holds over 1.6 million common shares directly and additional indirect holdings through an LLC he controls, his spouse, and his daughters, reflecting significant ongoing alignment with shareholders.
Farmland Partners Inc. reported that President and CEO Luca Fabbri received equity awards and had a related tax share withholding. As bonus compensation for the year ended December 31, 2025, he was granted 39,304 restricted shares of common stock, which will vest in three equal installments on each of the first three anniversaries of the grant date.
To cover tax obligations from the vesting of restricted shares, 4,497 common shares were forfeited in a tax-withholding disposition. Fabbri was also granted two blocks of 5,641 Performance Stock Units (PSUs) each. These PSUs represent contingent rights to receive common stock, with one grant tied to an absolute total shareholder return goal and the other to relative total shareholder return versus the MSCI US REIT Net Total Return Index over three-year performance periods beginning on December 31, 2025. The number of PSUs ultimately earned can range from 0% to 150% of the target amounts.
Farmland Partners Inc. reported equity compensation and related tax withholding transactions by its General Counsel and Secretary, Christine M. Garrison10,958 restricted shares of common stock under the company’s Fourth Amended and Restated 2014 Equity Incentive Plan, which will vest in equal parts on each of the first three anniversaries of the grant date.
To cover tax obligations arising from the vesting of restricted shares, 1,200 common shares were forfeited at no stated price. In addition, Garrison was granted two separate awards of 1,572 Performance Stock Units (PSUs) each, with each PSU representing a contingent right to one common share. One PSU grant is tied to an absolute total shareholder return (TSR) goal over a three-year performance period beginning on December 31, 2025, and the other to Farmland Partners’ relative TSR versus the MSCI US REIT Net Total Return Index over the same three-year period. For each grant, the indicated amount reflects the target number of PSUs, and the actual number earned may range from 0% to 150% of target based on performance.
Farmland Partners Inc. Chief Financial Officer Susan M. Landi reported equity compensation changes and related tax withholding transactions. As part of her bonus for the year ended December 31, 2025, she received a grant of 3,652 restricted shares of common stock that will vest in three equal annual installments. She also received two grants of 524 Performance Stock Units (PSUs) each, both under the company’s equity incentive plan, which may convert into common shares based on absolute and relative total shareholder return performance over a three-year period beginning on December 31, 2025, with potential payout from 0% to 150% of target. In a related move, 429 common shares were forfeited to satisfy her tax obligations upon vesting of restricted stock.
Farmland Partners Inc. is a farmland-focused REIT that owns about 71,600 acres across multiple U.S. states and aims to deliver returns through rent and long-term land appreciation. Roughly 60% of portfolio value is tied to row crops like corn and soybeans, and 40% to specialty crops such as nuts and citrus.
As of December 31, 2025, the company held a 98.1% interest in its operating partnership, supported its strategy with a $44.6 million farm lending program, and used renewable energy leases on 10 farms with capacity of about 207 megawatts. In 2025 it sold 60 properties for $90.2 million, realizing $34.9 million of gains, sold its MWA brokerage subsidiary, and acquired six new farms for $7.3 million.
The company carried approximately $161.6 million of debt, much of it mortgage-backed, and highlights risks from tenant profitability, interest-rate resets, trade disputes, climate and weather, regulation of agricultural land, and its need for continued access to external capital to fund growth and maintain REIT status.
Farmland Partners Inc. reported full-year 2025 results showing lower revenue but stronger cash-based performance and a significant dividend hike. Total operating revenues were $52,178,000, down 10.4%, and net income was $32,172,000, down from $61,450,000, mainly reflecting lower gains on asset sales and higher impairment charges.
Despite this, AFFO, a key cash-flow metric, rose 27.0% to $17,872,000, with AFFO per diluted share increasing to $0.39 from $0.29, and the company beat its AFFO guidance by $0.05 per share. Net operating income was $41,915,000, down 10.7%. The board raised the quarterly dividend by 50% to $0.09 per share, payable on April 15, 2026, and the CEO highlighted pruning of weaker assets, balance sheet simplification, and confidence in long-term agricultural trends.
Farmland Partners Inc. received an amended Schedule 13G/A from Global Alpha Capital Management Ltd., disclosing Global Alpha as a beneficial owner of this class of securities. Global Alpha reports beneficial ownership of 1,496,785 shares, representing 3.5% of the class as of the reported date.
Global Alpha states sole power to vote 1,094,329 shares and sole power to dispose of 1,496,785 shares, with no shared voting or dispositive power. The firm certifies the holdings were acquired and are held in the ordinary course of business, not to change or influence control of Farmland Partners, and indicates it does not consider itself part of a group for Section 13(d) purposes.
Farmland Partners Inc. director John A. Good reported an insider transaction in the company’s common stock dated December 15, 2025. The filing shows activity in 3,000 shares at a weighted average price of $10.2029 per share, with individual trades executed between $10.195 and $10.21. After this transaction, Good is reported to beneficially own 15,100 shares of Farmland Partners Inc. common stock in direct form.
Farmland Partners Inc. (FPI) disclosed an insider transaction via Form 4. Director John A. Good reported a common stock transaction dated 11/10/2025. Following the reported activity, the filing shows 12,100 shares beneficially owned with direct ownership. The filing was submitted by one reporting person and includes a standard footnote about trade execution details.
Farmland Partners Inc. (FPI) reported mixed Q3 results. Total operating revenue was $11.3 million versus $13.3 million a year ago, as rental income fell to $6.0 million while other revenue, largely interest income, rose to $2.5 million. The company recorded $1.0 million of asset impairment in the quarter tied to West Coast properties, and reported net income of $0.5 million. Net income available to common stockholders was a small loss of $0.1 million with diluted EPS of $0.00.
Year-to-date, FPI generated net income of $10.4 million (vs. $1.2 million). AFFO rose to $2.9 million in Q3 (AFFO/share $0.07) and to $6.5 million year-to-date (AFFO/share $0.14). The company sold 35 properties for $85.5 million and recognized a $24.5 million gain, while acquiring six properties for $7.3 million. Cash from investing was $70.8 million, offset by $138.0 million of financing outflows, including $61.2 million in common dividends and $37.8 million of share repurchases. Cash ended at $13.5 million.
As of September 30, 2025, mortgage and other debt was $169.8 million against net real estate of $643.0 million, with $159.0 million of undrawn credit availability. Shares outstanding were 43,097,555 as of October 24, 2025.