secwatch.observer — SEC 8-K summary
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Issuer:     FARMER BROTHERS CO (FARM)
CIK:        0000034563
Form:       8-K
Filed at:   2025-08-14T23:59:59+00:00
Accession:  0001104659-25-078620
Event type: other_material
Sentiment:  neutral
Materiality: 0.65
Item codes: 5.02
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/34563/000110465925078620/0001104659-25-078620-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/34563/000110465925078620/tm2523292d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-25-078620

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