GAMCO Investors and Affiliates Exit Position in Farmer Brothers Co Following Royal Cup Acquisition

GAMCO Investors, Inc. and its affiliated reporting persons, including Mario J. Gabelli, filed Amendment No. 6 to their Schedule 13D for Farmer Brothers Co (FARM) on May 7, 2026. The filing reports that the group has completely exited its position in the company, now holding zero shares and 0.0% ownership. This total divestment was triggered by the completion of the acquisition of Farmer Brothers Co by Royal Cup Coffee and Tea on May 5, 2026. Prior to the final acquisition event, various entities within the group, including Gabelli Funds, LLC, GAMCO Asset Management Inc., and Teton Advisors, Inc., engaged in several sales of common stock throughout March and May 2026. Major transactions on the event date included the sale of 936,500 shares by GAMCO Asset Management and 99,000 shares by the Gabelli Small Cap Growth Fund at a price of $1.29 per share. As of the event date, the reporting persons have ceased to be beneficial owners of 5% or more of the company's common stock.