Farmer Brothers Co. Files 2025 Proxy Statement
Ticker: FARM · Form: DEF 14A · Filed: Dec 23, 2024 · CIK: 34563
Sentiment: neutral
Topics: proxy-statement, governance, shareholder-meeting
TL;DR
FARMER BROS. CO. DEF 14A FILED - PROXY STATEMENT FOR FEB 4, 2025 MEETING OUTLINES GOVERNANCE & PAY
AI Summary
Farmer Brothers Co. filed its definitive proxy statement (DEF 14A) on December 23, 2024, for its annual meeting of stockholders scheduled for February 4, 2025. The filing outlines the company's governance, executive compensation, and proposals to be voted on by shareholders. Key details regarding director nominations and other corporate matters will be presented for shareholder approval.
Why It Matters
This filing provides shareholders with crucial information about the company's leadership, executive pay, and voting matters, enabling informed participation in corporate governance.
Risk Assessment
Risk Level: low — This is a routine proxy filing that provides information to shareholders and does not inherently introduce new risks.
Key Numbers
- 20250204 — Annual Meeting Date (Shareholders will vote on company matters on this date.)
Key Players & Entities
- FARMER BROTHERS CO (company) — Registrant
- 0001104659-24-131282 (filing_id) — Accession Number
- 20241223 (date) — Filing Date
- 20250204 (date) — Meeting Date
FAQ
What is the purpose of a DEF 14A filing?
A DEF 14A filing, or definitive proxy statement, is used by companies to solicit proxies from shareholders for an upcoming shareholder meeting, providing details on matters to be voted upon, director nominees, executive compensation, and other corporate governance information.
When is the shareholder meeting for Farmer Brothers Co.?
The shareholder meeting for Farmer Brothers Co. is scheduled for February 4, 2025.
Who is the filer of this proxy statement?
The filer of this proxy statement is FARMER BROTHERS CO.
What is the filing date of this document?
This definitive proxy statement was filed on December 23, 2024.
What type of information is typically found in a DEF 14A filing?
A DEF 14A filing typically includes information on director nominations, executive compensation, auditor ratification, and any other proposals requiring shareholder vote, along with details on the company's board of directors and governance practices.
Filing Stats: 4,872 words · 19 min read · ~16 pages · Grade level 11.7 · Accepted 2024-12-23 16:06:25
Key Financial Figures
- $1.00 — f the Company's common stock, par value $1.00 per share ("Common Stock"). If your sha
Filing Documents
- tm2431663d2_def14a.htm (DEF 14A) — 1308KB
- bc_paidvsnetincome-4c.jpg (GRAPHIC) — 71KB
- bc_paidvstsr-4c.jpg (GRAPHIC) — 57KB
- lg_farmerbrothers-bwlr.jpg (GRAPHIC) — 10KB
- pc_compensation-4clr.jpg (GRAPHIC) — 56KB
- px_24farmerproxy01page01-bw.jpg (GRAPHIC) — 237KB
- px_24farmerproxy01page02-bw.jpg (GRAPHIC) — 173KB
- sg_davidapace-bw.jpg (GRAPHIC) — 4KB
- sg_jaredgvitemb-bw.jpg (GRAPHIC) — 5KB
- sg_johnemoore-bw.jpg (GRAPHIC) — 3KB
- 0001104659-24-131282.txt ( ) — 3757KB
- farm-20240630.xsd (EX-101.SCH) — 10KB
- farm-20240630_def.xml (EX-101.DEF) — 8KB
- farm-20240630_lab.xml (EX-101.LAB) — 34KB
- farm-20240630_pre.xml (EX-101.PRE) — 10KB
- tm2431663d2_def14a_htm.xml (XML) — 265KB
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT
SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT 45 PROPOSAL NO. 2 RATIFICATION OF SELECTION OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM 48 PROPOSAL NO. 3 ADVISORY VOTE TO APPROVE THE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS 49 PROPOSAL NO. 4 ADVISORY VOTE TO APPROVE THE FREQUENCY OF FUTURE STOCKHOLDER ADVISORY VOTES TO APPROVE THE COMPENSATION PAID TO OUR NAMED EXECUTIVE OFFICERS 50 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS 51 AUDIT MATTERS 53 OTHER MATTERS 55 i TABLE OF CONTENTS FARMER BROS. CO. 14501 N Fwy Fort Worth, Texas 76177 PROXY STATEMENT INFORMATION CONCERNING VOTING AND SOLICITATION What are the date, time and place of the Annual Meeting? This Proxy Statement on behalf of the Board of Directors (the "Board of Directors" or the "Board") of Farmer Bros. Co., a Delaware corporation (the "Company," "we," "our" or "Farmer Bros."), is being made available to you in connection with the Annual Meeting of Stockholders (the "Annual Meeting") to be held on Tuesday, February 4, 2025, at 2:00 p.m., Central Standard Time, or at any continuation, postponement or adjournment thereof, for the purposes described in this Proxy Statement and in the accompanying Notice of Annual Meeting of Stockholders, and to transact such other business as may properly come before the Annual Meeting. Proxies are solicited to give all stockholders of record an opportunity to vote on matters properly presented at the Annual Meeting. We began mailing our Notice of Internet Availability of Proxy Materials (the "Notice") to each stockholder entitled to vote at the Annual Meeting on or about December 23, 2024. Like prior years, our Annual Meeting will be held in a virtual meeting format only with no physical location . The Annual Meeting will be accessible live via the internet by logging in pursuant to the instructions provided in the Notice. If you plan to attend the Annual Meeting virtually, you should review