OBRIEN TERENCE C 4
Research Summary
AI-generated summary
Farmer Brothers (FARM) Director Terence O'Brien Transfers 12,095 Shares
What Happened
- Terence C. O'Brien, a director of Farmer Brothers Co. (FARM), recorded a disposition of 12,095 shares on 2026-03-24. The reported price per share is $0.00 and total proceeds are $0. The Form 4 indicates this was an "other" disposition (code J).
Key Details
- Transaction date: 2026-03-24; filing date: 2026-03-25 (filed the next day).
- Transaction type/code: Other acquisition/disposition (J) — reported as a transfer with $0.00 price.
- Shares disposed: 12,095; reported value: $0.
- Footnote: F1 — "Shares transferred to former spouse as part of a divorce settlement."
- Shares owned after transaction: Not specified in the filing.
Context
- This was a personal transfer related to a divorce settlement, not an open-market sale or purchase. Transfers like this typically reflect personal or legal arrangements and should not be interpreted as a trading signal about the company.
- Code J is used for other types of acquisitions/dispositions; here the footnote clarifies the reason (divorce transfer).