Pittman Paul A 4

What Happened
Paul A. Pittman, Executive Chairman and a Director of Farmland Partners, forfeited 2,142 shares of FPI common stock on 2026-02-24 at an implied price of $12.62 per share, a total value of roughly $27,032. The filing lists the transaction as code "F" — a payment to satisfy tax obligations related to vesting of restricted shares — not an open-market sale.

Key Details

• Transaction date: 2026-02-24; Filing date: 2026-02-26 (filed within the Form 4 reporting window).
• Price: $12.62 per share; Shares forfeited/disposed: 2,142; Gross value ≈ $27,032.
• Transaction code: F (payment of exercise price or tax liability / tax withholding). Footnote F1: shares were forfeited to satisfy Mr. Pittman's tax obligations on vesting of restricted stock.
• Footnote F2: the remaining shares are held by PJAC Farmland Partners, LLC, an entity controlled by Mr. Pittman.
• Shares owned after transaction: not specified in the excerpt provided here — see the full Form 4 for total beneficial ownership.
• Exhibit/remarks: Exhibit 24 (Power of Attorney) referenced.

Context
This was a routine tax-withholding/forfeiture tied to restricted stock vesting (a common, non-market transaction) rather than a discretionary sale or purchase that might signal insider sentiment. Code F transactions simply satisfy tax obligations and should be interpreted differently than open-market sales (S) or purchases (P).