---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-23-001401"
form_type: "8-K"
ticker: "FPI"
cik: "0001591670"
company_name: "Farmland Partners Inc."
filed_at: "2023-01-05T23:59:59+00:00"
generated_at: "2026-06-20T19:37:58.415037+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Murray Wise to retire gradually as Chairman Emeritus of MWA through 2025

## Summary
- Letter agreement effective Jan 1, 2023: Wise serves as Chairman Emeritus of MWA for initial 18 months.
- Base salary reduced to $120,000/year; eligible for 15% commission on deals generated during employment.
- After initial term, Wise transitions to independent contractor until Dec 31, 2025, earning 20% commission.
- Wise remains on board of directors; Company pays COBRA premiums for 18 months post-employment.
- Company will reimburse real estate license expenses for 5 years after term ends.

## SEC filing metadata
- accession: 0001104659-23-001401
- form_type: 8-K
- ticker: FPI
- cik: 0001591670
- company_name: Farmland Partners Inc.
- filed_at: 2023-01-05T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1591670/000110465923001401/0001104659-23-001401-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1591670/000110465923001401/tm231754d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-23-001401
- JSON: https://secwatch.observer/filing/0001104659-23-001401.json
- Plain text: https://secwatch.observer/filing/0001104659-23-001401.txt

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