Miller Brian David 4
Research Summary
AI-generated summary
FARM VP Brian Miller Surrenders 2,360 Shares for Tax Withholding
What Happened
- Brian David Miller, Vice President of Sales at Farmer Brothers Co (FARM), disposed of 2,360 shares on Feb 3, 2026 to satisfy a tax obligation. The shares were recorded at $1.59 each for a total of about $3,752. This was a tax-withholding disposition (not an open-market sale).
Key Details
- Transaction date: 2026-02-03; Price per share: $1.59; Shares: 2,360; Total value: ~$3,752.
- Transaction code: F — payment of exercise price or tax liability (shares withheld/surrendered to cover taxes).
- Filing date: 2026-02-05 (filed two days after the transaction) — appears timely.
- Shares owned after the transaction: not specified in the provided summary; see the full Form 4 for post-transaction holdings and exact footnotes.
Context
- Code F dispositions are typically share-withholding to cover taxes arising from option exercises or restricted stock vesting; they do not necessarily indicate a market sale or a signal of sentiment.
- This is a routine administrative transaction to satisfy tax obligations rather than a directional purchase or sale intended to express a view on the company.