secwatch.observer — SEC 8-K summary
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Issuer:     FARMER BROTHERS CO (FARM)
CIK:        0000034563
Form:       8-K/A
Filed at:   2025-04-16T23:59:59+00:00
Accession:  0001104659-25-035494
Event type: leadership
Sentiment:  neutral
Materiality: 0.30
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Farmer Bros. details severance for departing Chief Field Operations Officer Tom Bauer: $325K, accelerated vesting
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- Tom Bauer, VP Chief Field Operations Officer, separated Apr 8; agreement dated Apr 14 provides $325K severance paid over 52 weeks.
- Equity awards vesting on or before Dec 31, 2025 fully accelerated as of separation date.
- Company to pay amount equal to COBRA continuation premiums annually (less co-pay).
- Accrued benefits and prorated STIP based on actual financial performance to be paid.
- General release of claims and other customary provisions included.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34563/000110465925035494/0001104659-25-035494-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34563/000110465925035494/tm2512447d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-035494

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