---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-24-024350"
form_type: "8-K/A"
ticker: "FARM"
cik: "0000034563"
company_name: "FARMER BROTHERS CO"
filed_at: "2024-05-03T23:59:59+00:00"
generated_at: "2026-06-02T23:26:16.454518+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Farmer Bros. finalizes CEO employment agreement with John E. Moore III; $450k base salary, equity awards

## Summary
- Base salary of $450,000 per annum, subject to annual review by Compensation Committee.
- Annual bonus target of at least 100% of base salary; 2024 bonus prorated for earlier period.
- Initial equity awards granted Feb 12, 2024: RSUs valued at $337,500 and PBRSUs totaling $787,500 target value.
- Non-compete for 12 months post-termination (24 months under change-in-control); non-solicitation for 2 years.
- At-will employment; no fixed term.

## SEC filing metadata
- accession: 0001140361-24-024350
- form_type: 8-K/A
- ticker: FARM
- cik: 0000034563
- company_name: FARMER BROTHERS CO
- filed_at: 2024-05-03T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 5.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/34563/000114036124024350/0001140361-24-024350-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/34563/000114036124024350/ef20028475_8ka.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-24-024350
- JSON: https://secwatch.observer/filing/0001140361-24-024350.json
- Plain text: https://secwatch.observer/filing/0001140361-24-024350.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.