Form 4: Farmland Partners Director Thomas Heneghan Acquires Shares in Lieu of Cash Retainer

Thomas Heneghan, a director at Farmland Partners Inc., acquired 906 shares of common stock on March 21, 2024, in lieu of his quarterly cash retainer.

Summary

• On March 21, 2024, Thomas Heneghan, a director of Farmland Partners Inc., acquired 906 shares of common stock.
• The acquisition was made in lieu of his quarterly cash retainer under the Third Amended and Restated Farmland Partners Inc. 2014 Equity Incentive Plan.
• The price per share was $11.03.
• Following the transaction, Heneghan directly owns 32,433 shares of common stock.
• He also indirectly owns 1,302,250 shares through Good Seed Capital, LLC, which he controls, and 10,000 shares through his spouse's revocable trust.

Sentiment

Score: 6

Explanation: The sentiment is neutral as it reflects a routine transaction of a director receiving shares as part of their compensation.

Positives

• The director's acquisition of shares may signal confidence in the company's future performance.

Industry Context

Directors often receive equity as part of their compensation, aligning their interests with those of shareholders.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates