Vitemb Jared 4

What Happened
Jared Vitemb, Vice President and General Counsel of Farmer Brothers (FARM), had 192,114 common shares and 8,540.085 RSU-related shares disposed of on 2026-05-05 at $1.29 per share, receiving approximately $247,827 and $11,017 respectively (total ≈ $258,844). These were dispositions to the issuer as part of the March 3, 2026 merger, not open-market sales.

Key Details

• Transaction date: 2026-05-05; Price: $1.29 per share.
• Shares disposed: 192,114 shares + 8,540.085 RSU-equivalent shares = 200,654.085 total.
• Proceeds: approximately $247,827 and $11,017, total ≈ $258,844.
• Shares owned after transaction: not disclosed in the provided filing.
• Filing date (Accession 0001884029-26-000003): 2026-05-05 (filed timely with transaction date).
• Notable footnotes: The dispositions occurred under the Merger Agreement—outstanding common stock was cancelled and converted to $1.29 per share in cash; outstanding RSUs were cancelled and converted to cash based on share-equivalent amounts and applicable performance/vesting terms (see footnotes F1–F3). Board approval and treatment consistent with Rule 16b-3 are noted.

Context
This transaction reflects the merger consideration paid to shareholders and RSU holders (cash-out at $1.29/share) rather than an insider selling into the open market. Such issuer-directed dispositions typically indicate conversion/cancellation under merger terms, not a signal of trading intent.