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FARMER BROTHERS CO·4

Feb 13, 5:13 PM ET

MOORE JOHN E. III 4

Research Summary

AI-generated summary

Updated

Farmer Brothers (FARM) CEO John E. Moore III Withholds 7,464 Shares

What Happened
John E. Moore III, President, CEO and a director of Farmer Brothers Co. (FARM), had 7,464 shares withheld to satisfy a tax obligation on 2026-02-12. The shares were valued at $1.60 each, for a total of $11,942. This was a tax-withholding disposition (code F), not an open-market sale or a purchase.

Key Details

  • Transaction date: 2026-02-12; Filing date: 2026-02-13 (timely, next business day).
  • Shares withheld/disposed: 7,464 at $1.60 per share; total value $11,942.
  • Transaction code: F — payment of exercise price or tax liability (shares surrendered/withheld to cover taxes).
  • Shares owned after the transaction: not specified in the provided filing excerpt.
  • No indication this was part of a 10b5-1 plan or an open-market sale in the reported transaction.

Context
Code F transactions typically reflect routine tax withholding after an option exercise or restricted stock vesting. These are administrative dispositions to cover tax obligations and do not necessarily signal the insider's view on the company’s prospects. Retail investors should treat tax-withholding dispositions as different from discretionary sales or purchases.