Farmland Partners Inc. (NYSE: FPI) saw a director divest a small stake in the company on February 24, 2026, when Jennifer S. Grafton sold 1,600 shares of common stock at $12.36 per share. The total value of the transaction was $19,776. After the sale, Grafton retains direct ownership of 10,400 shares.
The disposition was carried out pursuant to a pre-arranged Rule 10b5-1 trading plan that Grafton adopted on November 4, 2025. A prior Form 4 filed on February 24, 2026, contained an error that reported a purchase rather than the sale now confirmed.
Market context for the trade: FPI has been trading near its 52-week high of $13 and has produced a 34.6% year-to-date return. At the same time, InvestingPro analysis indicates the share price currently appears overvalued when compared with its Fair Value assessment. InvestingPro also offers a Pro Research Report on FPI, one of more than 1,400 reports on the platform, which is presented as a resource for investors seeking additional analysis.
On the corporate performance front, Farmland Partners reported fourth-quarter 2025 financial results that topped consensus forecasts. The company delivered earnings per share of $0.65, well ahead of the $0.18 analysts had expected - a difference the company disclosed as a 261.11% beat over projections. Revenue for the quarter came in at $16.94 million, exceeding the $14.44 million estimate by 17.31%.
Those metrics are presented as a strong beat relative to market expectations and are highlighted as important data points for stakeholders monitoring the firm’s financial condition and trajectory. The combination of an insider sale, elevated share price performance year-to-date, third-party valuation commentary, and an earnings and revenue surprise comprise the primary developments investors will likely weigh when assessing the company.
Investors and observers should note the administrative detail that a Form 4 initially misreported the nature of Grafton’s activity on the filing date; the corrected record shows the sale executed under the previously adopted 10b5-1 plan.
No forward-looking statements or additional executive commentary were included in the disclosed materials. The factual record presented here is limited to the transaction details, the trading plan adoption date, the corrected filing note, InvestingPro’s valuation assessment, and the reported fourth-quarter 2025 financial results.