<SEC-DOCUMENT>0001104659-26-017711.txt : 20260219
<SEC-HEADER>0001104659-26-017711.hdr.sgml : 20260219
<ACCEPTANCE-DATETIME>20260219200026
ACCESSION NUMBER:		0001104659-26-017711
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20260217
FILED AS OF DATE:		20260219
DATE AS OF CHANGE:		20260219

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			Landi Susan M.
		CENTRAL INDEX KEY:			0002024717
		ORGANIZATION NAME:           	

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-36405
		FILM NUMBER:		26656294

	MAIL ADDRESS:	
		STREET 1:		C/O FARMLAND PARTNERS INC.
		STREET 2:		4600 S. SYRACUSE ST., SUITE 1450
		CITY:			DENVER
		STATE:			CO
		ZIP:			80237

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			Farmland Partners Inc.
		CENTRAL INDEX KEY:			0001591670
		STANDARD INDUSTRIAL CLASSIFICATION:	REAL ESTATE INVESTMENT TRUSTS [6798]
		ORGANIZATION NAME:           	05 Real Estate & Construction
		EIN:				463769850
		STATE OF INCORPORATION:			MD
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		4600 S. SYRACUSE STREET
		STREET 2:		SUITE 1450
		CITY:			DENVER
		STATE:			CO
		ZIP:			80237
		BUSINESS PHONE:		720-452-3100

	MAIL ADDRESS:	
		STREET 1:		4600 S. SYRACUSE STREET
		STREET 2:		SUITE 1450
		CITY:			DENVER
		STATE:			CO
		ZIP:			80237
</SEC-HEADER>
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<TYPE>4
<SEQUENCE>1
<FILENAME>tm266888-1_4seq1.xml
<DESCRIPTION>OWNERSHIP DOCUMENT
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    <periodOfReport>2026-02-17</periodOfReport>

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    <issuer>
        <issuerCik>0001591670</issuerCik>
        <issuerName>Farmland Partners Inc.</issuerName>
        <issuerTradingSymbol>FPI</issuerTradingSymbol>
    </issuer>

    <reportingOwner>
        <reportingOwnerId>
            <rptOwnerCik>0002024717</rptOwnerCik>
            <rptOwnerName>Landi Susan M.</rptOwnerName>
        </reportingOwnerId>
        <reportingOwnerAddress>
            <rptOwnerStreet1>C/O FARMLAND PARTNERS INC.</rptOwnerStreet1>
            <rptOwnerStreet2>4600 S. SYRACUSE STREET SUITE 1450</rptOwnerStreet2>
            <rptOwnerCity>DENVER</rptOwnerCity>
            <rptOwnerState>CO</rptOwnerState>
            <rptOwnerZipCode>80237</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
        </reportingOwnerAddress>
        <reportingOwnerRelationship>
            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>Chief Financial Officer</officerTitle>
            <otherText></otherText>
        </reportingOwnerRelationship>
    </reportingOwner>

    <aff10b5One>0</aff10b5One>

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        </derivativeTransaction>
    </derivativeTable>

    <footnotes>
        <footnote id="F1">As part of Ms. Landi's bonus compensation for the year ended December 31, 2025, she received a grant of 3,652 restricted shares of common stock pursuant to the Farmland Partners Inc. Fourth Amended and Restated 2014 Equity Incentive Plan, which shares will vest ratably on each of the first three anniversaries of the date of the grant.</footnote>
        <footnote id="F2">These shares were forfeited to satisfy Ms. Landi's tax obligations in connection with the vesting of restricted shares of common stock.</footnote>
        <footnote id="F3">Represents Performance Stock Units (&quot;PSUs&quot;) granted to the reporting person pursuant to the Fourth Amended and Restated 2014 Equity Incentive Plan. Each PSU represents a contingent right to receive one share of common stock. The PSUs will be eligible to be earned by the reporting person based on the achievement by Farmland Partners Inc. with respect to an absolute total shareholder return (&quot;TSR&quot;) performance goal over a three-year performance period beginning on December 31, 2025. The number of PSUs indicated reflects the &quot;target&quot; number of PSUs granted to the reporting person and the number of PSUs earned could range from 0% to 150% of such target number.</footnote>
        <footnote id="F4">Represents PSUs granted to the reporting person pursuant to the Fourth Amended and Restated 2014 Equity Incentive Plan. Each PSU represents a contingent right to receive one share of common stock. The PSUs will be eligible to be earned by the reporting person based upon Farmland Partners Inc.'s relative TSR compared to the TSR of the companies in the MSCI US REIT Net Total Return Index over a three year performance period beginning on December 31, 2025. The number of PSUs indicated reflects the &quot;target&quot; number of PSUs granted to the reporting person and the number of PSUs earned could range from 0% to 150% of such target number.</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Christine M. Garrison, as attorney-in-fact for Susan M. Landi</signatureName>
        <signatureDate>2026-02-19</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
