Form 4: Farmland Partners Inc. CEO Luca Fabbri Reports Stock Forfeiture for Tax Obligations
SEC Form 4 Filing
Luca Fabbri, CEO of Farmland Partners Inc., forfeited shares to cover tax obligations related to vesting restricted stock.
Summary
- On March 3rd and 4th, 2025, Luca Fabbri, the President and CEO of Farmland Partners Inc., forfeited shares of common stock to satisfy tax obligations related to the vesting of restricted shares.
- On March 3rd, 2025, 4,646 shares were forfeited at a price of $11.64 per share.
- On March 4th, 2025, 5,940 shares were forfeited at a price of $11.55 per share.
- Following these transactions, Mr. Fabbri directly owns 347,100 shares of Farmland Partners Inc.
Sentiment
Score: 5
Explanation: This is a neutral event; it's a standard procedure for covering tax obligations on vested stock.
Industry Context
This is a routine filing related to insider transactions and is common for executives who receive stock as part of their compensation.
Key Dates
| Date | Description |
|---|---|
| 03/03/2025 | 4,646 shares of common stock forfeited at $11.64 per share. |
| 03/04/2025 | 5,940 shares of common stock forfeited at $11.55 per share. |
| 03/05/2025 | Date of signature for the Form 4 filing. |
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