Form 4: Farmland Partners Inc. Director Danny D. Moore Acquires Shares in Lieu of Cash Retainer
SEC Form 4 Filing
Director Danny D. Moore acquired 963 shares of Farmland Partners Inc. common stock on March 21, 2024, in lieu of a quarterly cash retainer.
Summary
- On March 21, 2024, Danny D. Moore, a director of Farmland Partners Inc., acquired 963 shares of common stock.
- The shares were acquired at a price of $11.03 per share.
- This acquisition was made in lieu of his quarterly cash retainer under the Third Amended and Restated Farmland Partners Inc. 2014 Equity Incentive Plan.
- Following the transaction, Moore directly owns 15,707 shares of Farmland Partners Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine transaction. A director taking shares instead of cash could be seen as a slightly positive sign, but it's not a major event.
Positives
- A director's decision to take shares in lieu of cash may signal confidence in the company's future prospects.
Industry Context
This transaction is a routine disclosure of insider activity. It is common for directors to receive equity as part of their compensation.
Stakeholder Impact
- The transaction has a minimal impact on stakeholders as it is a small number of shares acquired by a director.
Key Dates
| Date | Description |
|---|---|
| 03/21/2024 | Date of transaction: Danny D. Moore acquired shares of Farmland Partners Inc. |
| 03/25/2024 | Date of signature on the Form 4 filing. |
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