Farmhouse, Inc.: chief financial officer change and consulting agreements

What happened

• The filing reports that on Oct 12, 2026 the board accepted the voluntary resignation of Lanny R. Lang as the company’s chief financial officer and chief accounting officer, effective Oct 12, 2026; the filing states his resignation "was not the result of any disagreement with the Company on any matter relating to its operations, policies, practices, financial statements or disclosures."
• The filing reports that on Oct 12, 2026 the board appointed Kevin Asher as the company’s chief financial officer, principal financial officer and principal accounting officer, effective Oct 12, 2026. The filing describes Mr. Asher’s prior roles and education.

Key details

• The company executed a CFO Consulting and Advisory Services Agreement with Ashstrom, LLC, effective Oct 12, 2026 (filed as Exhibit 10.1). Ashstrom will provide services exclusively through Kevin Asher for a monthly cash service fee of $2,000. Ashstrom will receive a restricted stock award of 170,000 shares: 50,000 shares vest upon grant and 120,000 shares vest in 12 monthly installments of 10,000 shares each, subject to continued service.
• The company executed a First Amendment to its CFO Consulting and Advisory Services Agreement with Lang Financial Services, Inc., effective Oct 12, 2026 (filed as Exhibit 10.2). LFSI will provide services exclusively through Lanny R. Lang in the non-officer role of Senior Director of Financial Reporting under a 1-year term ending Oct 11, 2027 unless earlier terminated. LFSI will receive a monthly cash service fee of $2,000 and a restricted stock award of 240,000 shares: 120,000 shares vest upon grant and 120,000 shares vest in 12 monthly installments of 10,000 shares each, subject to continued service.
• The LFSI amendment acknowledges $290,000 of accrued and unpaid compensation owed to LFSI for services performed before the effective date; that amount remains an outstanding obligation and the amendment does not establish a payment schedule.
• The filing states there are no family relationships between Mr. Asher and any director or executive officer, Mr. Asher was not selected pursuant to any arrangement with another person, and he has no material interest in transactions requiring disclosure under Item 404(a) of Regulation S-K.

Why it may matter

• This report is filed under Item 5.02 (Departure of directors or certain officers; appointment of certain officers; compensatory arrangements of certain officers), which covers officer departures, appointments and related compensation arrangements described in the filing. This filing does not show why the insider traded or why the company acted.