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Farmland Partners Executive Compensation (FY25)

FPI · Denver, CO · Executive and director compensation, fiscal 2022 to 2025
Data as of September 7, 2026Latest filing (8-K): April 30, 2026
137 figures on this page: 130 cited to the filing that reported them, 7 calculated from figures it prints. See the citations
Disclosures span fiscal 2022 through fiscal 2025. The fiscal 2025 disclosure covers 3 named executive officers, and total compensation for Luca Fabbri, President and Chief Executive Officer, came to $1,385,172 in fiscal 2025, while Fabbri's total was 33.5% lower than the $2,083,836 reported for fiscal 2024. The say-on-pay proposal drew 92.4% of votes cast for or against in favor at the meeting held April 28, 2026 for fiscal 2025.
Chief executive, fiscal 2025
◇
Luca Fabbri
Latest say-on-pay support
=
April 28, 2026
This company is not required to report a chief executive pay ratio.
What changed from fiscal 2024 to fiscal 2025
The figures that moved, and by how much. Analysis of these figures is part of the Velarion platform.
Chief executive total compensation — Luca Fabbri: $2,083,836 → $1,385,172 (33.5% lower)
Say-on-pay support: 48.7% → 92.4% (43.7 points higher)

Frequently asked questions

Answers drawn from the data on this page.
Who is Farmland Partners' chief executive and what were they paid?
Total compensation for Luca Fabbri, President and Chief Executive Officer, came to $1,385,172 in fiscal 2025. Fabbri's total was 33.5% lower than the $2,083,836 reported for fiscal 2024.
What was Farmland Partners' say-on-pay result?
The say-on-pay proposal drew 92.4% of votes cast for or against in favor at the meeting held April 28, 2026 for fiscal 2025.

Executive compensation

Every element reported for each named executive officer, by fiscal year.
Fiscal 2022
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Paul Pittman
Executive Chairman
◇◇◇—◇——◇
Luca Fabbri
President and Chief Executive Officer
◇◇◇———◇◇
Fiscal 2023
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Luca Fabbri
President, Chief Executive Officer, Director
◇◇◇—◇—◇◇
James Gilligan
Former Chief Financial Officer and Treasurer
Departed during or after this year
◇◇◇—◇—◇◇
Fiscal 2024
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Paul Pittman
Executive Chairman
◇◇◇—◇—◇◇
Luca Fabbri
President and Chief Executive Officer
◇◇◇—◇—◇◇
James Gilligan
Former Chief Financial Officer and Treasurer
Departed during or after this year
◇—◇———◇◇
Christine Garrison
General Counsel and Corporate Secretary
◇◇◇—◇—◇◇
Fiscal 2025
OfficerSalaryBonusStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Paul Pittman
Executive Chairman
◇◇◇—◇—◇◇
Luca Fabbri
President and Chief Executive Officer
◇◇◇—◇—◇◇
Christine Garrison
General Counsel and Corporate Secretary
◇◇◇—◇—◇◇
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. A negative change in pension value is shown but, as the company reports it, not included in the total.

Equity awards granted

Individual awards as disclosed: type, date, unit counts at each level, and grant date value.
Fiscal 2025
OfficerAwardGrant dateThreshold unitsTarget unitsUnits grantedMaximum unitsExercise priceGrant date fair value
Christine GarrisonOTHER——————◇
Luca FabbriOTHER——————◇
Paul PittmanOTHER——————◇
Fiscal 2023, 2024 are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero. Threshold, target and maximum apply only to performance awards and are never shown for time-based or option awards.

Outstanding awards

Awards still held at fiscal year end.
As disclosed at fiscal 2025 year end
OfficerAwardUnvested unitsMarket value of unvested unitsExercise priceExpires
Paul PittmanRSU◇◇——
RSU◇◇——
RSU◇◇——
Luca FabbriRSU◇◇——
RSU◇◇——
RSU◇◇——
Christine GarrisonRSU◇◇——
RSU◇◇——
RSU◇◇——
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director compensation

What each non-employee director was paid.
Fiscal 2025
DirectorFees earned in cashStock awardsOption awardsNon-equity incentivePension and deferred earningsAll other compensationTotal
Jennifer S. Grafton
Lead independent director
◇◇———◇◇
John A. Good
◇◇———◇◇
Danny D. Moore
◇◇———◇◇
Bruce J. Sherrick
◇◇———◇◇
Paul A. Pittman and Luca Fabbri served on the board in fiscal 2025 and received no compensation for board service. Executive directors are typically paid through their executive roles, shown above.
Earlier years are included in the PDF.
A dash means the company reported no figure in that column. $0 is shown only where the filing prints a zero.

Director fee schedule

The standing retainers and premiums the board pays, as published.
Board cash retainer◇
Board equity retainer◇
Total board retainer◇
Lead independent director premium◇
Audit committee chair◇
Audit committee member◇
Compensation committee chair◇
Compensation committee member◇
Nominating and governance chair◇
Nominating and governance member◇
Equity is delivered as Restricted Stock.

Disclosed peer group

The companies this board named as its compensation comparison group. The list is disclosure; the comparison is analysis.

Say-on-pay history

Shareholder support for the compensation program, by year.
YearMeetingSupportVotes forVotes againstAbstentions
2025April 28, 2026=◇◇◇
2024May 6, 2025=◇◇◇
2023April 29, 2024=◇◇◇
2022May 3, 2023=◇◇◇
2021May 3, 2022=◇◇◇
2020May 7, 2021=◇◇◇
2019May 28, 2020=◇◇◇
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What this page does not include

Everything above is a fact Farmland Partners disclosed, and it is free. Everything below is our analysis of those facts, and it is not.
Written compensation analysis
A read of the pay program as designed and as paid: incentive structure, goal rigor, the alignment between the committee's stated philosophy and what the numbers show.
Executive Compensation Report — $1,500
Board and governance analysis
Committee composition, independence, director pay positioning, and the governance provisions read together rather than listed.
Board Governance Report — $1,200
Realizable pay
What the awards above are actually worth today against what they were valued at on grant, and what the gap says about the pay-for-performance link.
Velarion Intelligence
Adviser switching and vote outcomes
Two datasets covering compensation-adviser changes and what followed a contested vote. Both are part of the Velarion platform.
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Citations

Every figure on this page is cited to the document that reported it. Select any figure to see its citation.
137 figures on this page: 130 cited to the filing that reported them, 7 calculated from figures it prints.
130 cited to the filing
7 calculated from the filing

Documents cited

  1. 0001104659-26-052958
    Item 5.07 Submission of Matters to a Vote of Security Holders
  2. 0001104659-26-029548
    Director Compensation · Director Compensation Table · ELECTION OF DIRECTORS · Outstanding Equity Awards at Fiscal Year-End December 31, 2025 · and 1 more section
  3. 0001104659-25-045617
    Item 5.07 Submission of Matters to a Vote of Security Holders
  4. 0001104659-25-027301
    Summary Compensation Table
  5. 0001104659-24-054185
    Item 5.07 Submission of Matters to a Vote of Security Holders
  6. 0001104659-24-034728
    Summary Compensation Table
  7. 0001558370-23-008347
    Item 5.07 Submission of Matters to a Vote of Security Holders
  8. 0001104659-23-035046
    Summary Compensation Table
  9. 0001558370-22-006848
    Item 5.07 Submission of Matters to a Vote of Security Holders
  10. 0001104659-21-064018
    Item 5.07 Submission of Matters to a Vote of Security Holders
  11. 0001104659-20-067771
    Item 5.07 Submission of Matters to a Vote of Security Holders
Cite this data
This page is free to cite. Attribution we ask for:
Velarion, “Farmland Partners executive compensation, FY2022–FY2025.” https://intel.velarion.ai/comp/FPI (accessed 2026).
Short form: data: Velarion
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Real Estate rankings

Chief executive pay — Real EstateCEO pay ratio — Real EstateSay-on-pay support — Real Estate

Terms on this page

Say-on-Pay VoteCEO Pay RatioMedian Employee CompensationAll companies
Cite this data
APA
Velarion Company Intelligence. (2026). Velarion database: executive and board compensation data (Version 2026Q3) [Data set]. Zenodo. https://doi.org/10.5281/zenodo.22283854
BibTeX
@misc{velarionData2026,
  author = {{Velarion Company Intelligence}},
  title = {Velarion database: executive and board compensation data},
  year = {2026},
  version = {2026Q3},
  doi = {10.5281/zenodo.22283854},
  publisher = {Zenodo},
  url = {https://doi.org/10.5281/zenodo.22283854}
}
For informational purposes only. Not investment, legal, or compensation advice.  The Pay Desk · Methodology · Terms · Privacy