Form 4: Farmer Brothers Co. Executive Jared Vitemb Reports Stock Disposal
SEC Form 4 Filing
VP, General Counsel of Farmer Brothers Co., Jared Vitemb, reports disposing of 9,201 shares of common stock to cover tax obligations.
Summary
- On April 1, 2025, Jared Vitemb, VP, General Counsel of Farmer Brothers Co., disposed of 9,201 shares of common stock.
- The transaction was executed at a price of $2.21 per share.
- Following the transaction, Vitemb directly owns 132,906 shares of common stock.
- Vitemb also indirectly owns 8,552.2945 shares held in the company's 401(k) plan.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a routine transaction. The disposal of shares to cover tax obligations is a common practice and doesn't necessarily indicate a negative outlook on the company.
Industry Context
Form 4 filings are a routine part of the US market and provide transparency into the transactions of company insiders. They are closely watched by investors seeking insights into management's perspective on the company's stock.
Stakeholder Impact
- The transaction has a minimal impact on shareholders as it represents a small percentage of the total outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of stock disposal transaction |
| 04/02/2025 | Date of signature on the Form 4 filing |
Keywords
Form 4, Farmer Brothers Co, Stock Disposal, Insider Trading, Jared Vitemb, FARM
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