Farmer Bros amends exec severance, ties bonuses to change in control by Jan 2026

FARMER BROTHERS CO

CEO John Moore, CFO Vance Fisher, GC Jared Vitemb entered amended severance agreements; definition of Good Reason revised.
If qualifying termination during change-in-control period, executives receive 2x annual STIP instead of prorated.
Bonus pool: Moore eligible for $400k, Fisher $350k, Vitemb $200k if change in control closes by Jan 1, 2026.
If no change in control by Jan 1, 2026, bonuses halved and paid; additionally, PBRSUs granted: Moore $300k, Fisher $75k, Vitemb $37.5k.

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