secwatch.observer — SEC 8-K summary
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Issuer:     FARMER BROTHERS CO (FARM)
CIK:        0000034563
Form:       8-K
Filed at:   2023-09-15T23:59:59+00:00
Accession:  0001104659-23-100989
Event type: other_material
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

Farmer Bros grants $100k RSU to interim CEO, retention bonuses to CFO and GC
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- John Moore named interim CEO (effective Oct 1, 2023); receives RSUs valued at $100,000 vesting over three years.
- Moore's base salary raised to $400,000 for the interim CEO role.
- Brad Bollner (interim CFO) gets $50,000 retention bonus paid $25,000 each on Mar 15, 2024 and Sep 13, 2024.
- Jared Vitemb (VP, GC) receives one-time $157,500 cash retention payment.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34563/000110465923100989/0001104659-23-100989-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34563/000110465923100989/tm2325914d2_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-100989

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer