Alico Inc. filings document a Florida agribusiness and land management issuer with common stock listed on Nasdaq and a business centered on Florida land assets, agricultural leasing, royalties, and development projects. Recent 8-K filings record quarterly and annual financial results, cash dividend declarations, credit-agreement refinancing activity, and material agreements tied to development infrastructure and stewardship-district matters.
Proxy and governance filings cover annual shareholder voting, director elections, executive compensation, and amendments to bylaws, including board-size provisions. These disclosures also provide formal records of capital-return decisions, financing arrangements, and governance actions associated with Alico’s transition toward a diversified land-company model.
Alico, Inc. (ALCO) director Eric H. Speron reported acquiring 490 common shares on October 1, 2026, categorized as a grant or award. His directly held position after the transaction was 2,800 shares. A transaction note describes the shares as purchased in multiple transactions at prices ranging from $39.63 to $39.80, inclusive.
Alico, Inc. director Toby K. Purse acquired 555 shares of common stock as an award on October 1, 2026. The reported transaction price was $0.0000 per share. His directly held common-stock position was 21,896 shares after the award.
Alico, Inc. director Katherine English acquired 523 shares of common stock on October 1, 2026, through a stock award. Her reported direct holdings after the transaction were 15,905 shares.
Alico, Inc. director Adam Putnam acquired 849 shares of common stock on October 1, 2026. The reported price was 0.0000 per share, and the shares were issued under the Amended and Restated Stock Incentive Plan of 2015. His direct holdings after the transaction were 19,333 shares.
Alico, Inc. (ALCO) President and CEO John E. Kiernan converted 500 performance-based restricted units into 500 common shares on October 1, 2026. His reported direct position afterward included 37,079 common shares and 159,500 performance-based restricted units.
ALICO, INC. (ALCO) announced that its Board of Directors declared a fourth quarter fiscal 2026 cash dividend of $0.05 per share on its outstanding common stock. The dividend will be paid to shareholders of record as of October 2, 2026, with payment expected on October 16, 2026. The company states that this disclosure is furnished under Regulation FD and is not deemed filed for liability purposes under the Exchange Act.
ALICO, INC. (ALCO) director Eric H. Speron reported an open-market purchase of Alico, Inc. common stock. On 2026-08-20, he purchased 1,250 shares at a weighted average price of $39.732 per share, with individual trade prices ranging from $39.63 to $39.80. Following this transaction, his directly held position increased to 2,310 shares of common stock.
Alico, Inc. reported sharply improved results as it winds down citrus production and shifts toward land leasing and real estate. For the nine months ended June 30, 2026, operating revenues were $16.3 million versus $43.3 million a year earlier, reflecting the Strategic Transformation away from citrus.
Despite lower revenue, Alico posted net income attributable to common stockholders of $10.0 million, compared to a loss of $138.8 million in the prior-year period, driven by much lower depreciation, reduced citrus operating costs, and $24.8 million of gains on land and equipment sales. Cash and cash equivalents rose to $55.6 million, and net debt fell to $29.8 million, aided by the sale of approximately 3,546 acres for $34.6 million.
The company executed a major business mix shift: citrus revenues fell 86.0% year over year for the nine-month period, while land management and other operations revenues increased more than fourfold, supported by contingent lease payments and rock and sand royalties. Alico also repurchased 245,399 shares for $10.0 million and maintained cash dividends of $0.15 per share year to date.
Alico, Inc. reported improved results for the quarter ended June 30, 2026 as it advances its strategic shift from citrus into land sales, leasing and development. Quarterly revenue was $9.0 million, up 7.7% year over year, and net income attributable to common stockholders was $2.1 million, compared with a loss of $18.3 million a year earlier, or $0.29 per diluted share versus a loss of $2.39.
For the first nine months, revenue declined to $16.3 million from $43.3 million, while net income was $10.0 million versus a loss of $138.8 million, reflecting the prior-year impact of accelerated citrus-tree depreciation and other transformation items. Adjusted EBITDA for the nine months was $24.2 million, down 4.5%. Cash and cash equivalents rose to $55.6 million, and net debt fell to $29.8 million, supporting management’s view that liquidity is sufficient to extend the operating runway through fiscal 2029 without further asset sales.
Alico executed a $10.0 million share repurchase of about 245,000 shares, acquired the remaining 49% of the Citree joint venture for $2.0 million plus assumption of $3.3 million debt, and entered an agricultural lease on roughly 3,280 acres with a $29.5 million purchase option. The Corkscrew Grove East Village project obtained final local entitlement approvals and is moving into state and federal permitting. The company raised fiscal 2026 guidance to project Adjusted EBITDA of approximately $15 million, year-end cash of about $48 million and net debt of about $37 million.
Alico, Inc. approved a third amended and restated employment agreement with President and CEO John Kiernan effective July 14, 2026, extending his employment term through September 30, 2030 and revising his compensation, bonus opportunities, severance protections and equity incentives.
The agreement sets a first-year base salary of $550,000, increasing by $25,000 annually in each of the next four years to $650,000. Kiernan is eligible for an annual discretionary performance bonus of up to $250,000 and real estate incentive bonuses tied to specified real estate milestones, payable at least 75% in cash and up to 25% as fully vested performance-based restricted stock units under the 2015 stock plan.
Upon a termination without Cause or for Good Reason on or after a Change in Control, he would receive enhanced severance equal to 200% of annual base salary, paid over 24 months. He also received a performance-based restricted stock unit award for up to 160,000 units, earnable based on 60 trading day volume-weighted average price targets between $40 and $110 per share from October 1, 2025 through September 30, 2030, with additional time-based vesting conditions.