---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-120391"
form_type: "8-K"
ticker: "FPI"
cik: "0001591670"
company_name: "Farmland Partners Inc."
filed_at: "2021-09-29T23:59:59+00:00"
generated_at: "2026-06-29T00:42:02.715860+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Farmland Partners to convert all Series B Preferred Stock to common; expects $6.2M annual cash flow boost

## Summary
- Conversion of ~5.8M Series B preferred shares into ~12.1M common shares at ratio of 2.08718 per share.
- Conversion price of $12.75 represents 45.2% premium over August 2017 pricing.
- Expects annual cash flow increase of over $6.2 million or $0.13 per common share.
- Anticipates fully-covered dividend and ~35% increase in common equity market cap.
- Effective October 4, 2021; preferred stock to be delisted from NYSE.

## SEC filing metadata
- accession: 0001104659-21-120391
- form_type: 8-K
- ticker: FPI
- cik: 0001591670
- company_name: Farmland Partners Inc.
- filed_at: 2021-09-29T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591670/000110465921120391/0001104659-21-120391-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591670/000110465921120391/tm2128536d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-120391
- JSON: https://secwatch.observer/filing/0001104659-21-120391.json
- Plain text: https://secwatch.observer/filing/0001104659-21-120391.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.