Form 4: FARMER BROTHERS VP Sells Shares, RSUs Vest
Insider Transaction Report
Matthew Coffman, VP and Controller of Farmer Brothers Co., reported the vesting of cash-settled restricted stock units and the sale of common stock to cover tax liabilities.
Summary
- Matthew Coffman, VP and Controller of Farmer Brothers Co., reported transactions on November 1, 2025.
- 634 shares of Common Stock were disposed of at a price of $1.76 per share to cover tax liabilities related to vesting.
- 2,604 cash-settled Restricted Stock Units (RSUs) vested and settled in cash based on the closing price of the Issuer's Common Stock.
- Following these transactions, Coffman directly owns 57,445 shares of Common Stock and indirectly owns 5,846.731 shares in the company's 401(k) Plan.
- He also directly holds 116,667 cash-settled Restricted Stock Units.
Sentiment
Score: 5
Explanation: The filing reports a standard insider transaction involving the vesting of restricted stock units and the subsequent sale of shares to cover tax obligations, which is a neutral event for the company's operational performance or strategic direction.
Positives
- Vesting of 2,604 cash-settled Restricted Stock Units for Matthew Coffman, indicating successful compensation payout.
Negatives
- Disposal of 634 shares of Common Stock by a key officer, though for tax purposes, which slightly reduces insider direct ownership.
Future Outlook
This filing does not contain forward-looking statements or guidance regarding the company's future performance.
Industry Context
This Form 4 filing details a routine insider transaction related to executive compensation, which does not directly reflect broader industry trends or competitive positioning for Farmer Brothers Co.
Stakeholder Impact
- Shareholders: The disposal of a small number of shares by an officer for tax purposes is a routine event and is unlikely to have a significant impact on shareholder value.
- Employees: Matthew Coffman, as an employee, received compensation through the vesting of restricted stock units.
Key Dates
| Date | Description |
|---|---|
| 11/01/2025 | Date of earliest transaction (vesting of RSUs and stock disposal for tax). |
| 11/03/2025 | Signature date of the reporting person's attorney-in-fact. |
Keywords
Farmer Brothers, FARM, Matthew Coffman, Insider Transaction, Form 4, Stock Sale, RSU Vesting, Officer Compensation, Common Stock
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