Form 4: Farmer Brothers Co: CEO John E. Moore III Reports Stock Disposal
SEC Form 4 Filing
CEO John E. Moore III disposed of 3,072 shares of Farmer Brothers Co stock on September 15, 2024, to cover tax obligations.
Summary
- On September 15, 2024, John E. Moore III, the President and CEO of Farmer Brothers Co, disposed of 3,072 shares of common stock.
- The transaction was executed at a price of $2.31 per share.
- Following the transaction, Moore directly owns 194,517 shares of Farmer Brothers Co.
- Moore also indirectly owns 1,484.618 shares held in the company's 401(k) plan.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing a stock transaction by an insider. It doesn't inherently convey positive or negative sentiment.
Industry Context
Form 4 filings are standard disclosures required by the SEC to ensure transparency in trading activities by company insiders. This filing indicates a transaction by the CEO of Farmer Brothers Co.
Stakeholder Impact
- The disposal of shares by the CEO could be perceived negatively by some shareholders, although it is a relatively small transaction.
Key Dates
| Date | Description |
|---|---|
| 09/15/2024 | Date of stock disposal transaction |
| 09/16/2024 | Date of signature on the Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.