{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-23-099809","form_type":"8-K","ticker":"FARM","cik":"0000034563","company_name":"FARMER BROTHERS CO","filed_at":"2023-09-12T23:59:59+00:00","discovered_at":"2026-05-14T18:03:36.307069+00:00","generated_at":"2026-06-10T21:27:28.238370+00:00","sec_items":["5.02"],"event_type":"leadership","sentiment":"negative","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Farmer Bros. CEO Deverl Maserang terminated without cause, effective Sep 30, 2023","bullets":["President and CEO Deverl Maserang's employment terminated without cause, effective Sep 30, 2023.","Maserang will also resign from the Board of Directors on Sep 30, 2023.","Departure not due to any disagreement with the Company on operations, policies, or practices.","Maserang will receive previously negotiated severance per his Employment Agreement dated Sep 6, 2019.","No permanent successor has been announced; Board search expected."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-23-099809","json":"https://secwatch.observer/filing/0001104659-23-099809.json","markdown":"https://secwatch.observer/filing/0001104659-23-099809.md","text":"https://secwatch.observer/filing/0001104659-23-099809.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/34563/000110465923099809/0001104659-23-099809-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/34563/000110465923099809/tm2325914d1_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-10T21:27:28.238370+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"d07f5ba917","claim":"Deverl Maserang resigned as member of the Board of Directors at FARMER BROTHERS CO.","evidence_excerpt":"Mr. Maserang informed the Board of his intention to resign as a member of the Board on September 30, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/34563/000110465923099809/0001104659-23-099809-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"resigned"},{"label":"Role","value":"member of the Board of Directors"}],"fact_type":"executive_change"},{"claim_id":"eebd254f08","claim":"Deverl Maserang was terminated as President and Chief Executive Officer at FARMER BROTHERS CO.","evidence_excerpt":"the Company and Deverl Maserang, the Company’s President and Chief Executive Officer, had agreed that Mr. Maserang’s employment with the Company would be terminated, without cause, effective September 30, 2023.","evidence_source":"SEC 8-K Item 5.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/34563/000110465923099809/0001104659-23-099809-index.htm","confidence":0.95,"family_label":"Executive change","details":[{"label":"Action","value":"terminated"},{"label":"Role","value":"President and Chief Executive Officer"}],"fact_type":"executive_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}