[144] Alico Inc SEC Filing

Rhea-AI Filing Summary

Form 144 notice for ALCO (Alico Inc) reports a proposed sale of 32,000 shares of common stockVIRTU AMERICAS, LLC on or about 08/15/2025. The filing shows the shares represent an aggregate market value of $1,040,960 and that the company has 7,645,360 shares outstanding. The shares were originally acquired on 11/12/2019 in a pro rata distribution from 734 Investors, LLC to Rinyami, LLC; the filing notes Mr. Slack is the managing member of Rinyami, LLC and that 128,571 shares were acquired in that distribution. No securities sales in the past three months are reported.

Insights

Securities Analyst

TL;DR Routine Rule 144 notice: an affiliate plans to sell 32,000 ALCO shares, a small portion of outstanding stock.

This Form 144 is a standard regulatory disclosure under Rule 144 describing an affiliate sale via broker VIRTU AMERICAS, LLC. The proposed 32,000-share sale equals roughly 0.42% of reported outstanding shares (32,000 of 7,645,360). The filing documents the chain of acquisition and confirms no reported insider sales in the prior three months. As a disclosure, it informs the market of a forthcoming restricted/affiliate sale but contains no operational or financial company details.

Corporate Governance Expert

TL;DR Disclosure is compliant and descriptive; presents no material corporate-governance change.

The form identifies the seller's relationship to the issuer and provenance of shares (pro rata distribution to Rinyami, LLC) and includes the required representations about material undisclosed information. There is no indication of a new trading plan, accelerated insider disposition, or related-party transfer beyond the noted historical distribution. From a governance standpoint, this filing is procedural and does not signal governance events.

08/15/2025 - 03:34 PM

Form 144 Filer Information	UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 144 NOTICE OF PROPOSED SALE OF SECURITIES PURSUANT TO RULE 144 UNDER THE SECURITIES ACT OF 1933
FORM 144

144: Filer Information

Filer CIK
Filer CCC
Is this a LIVE or TEST Filing?	LIVE TEST
Submission Contact Information
Name
Phone
E-Mail Address

144: Issuer Information

Name of Issuer

SEC File Number

Address of Issuer

Phone

Name of Person for Whose Account the Securities are To Be Sold

See the definition of "person" in paragraph (a) of Rule 144. Information is to be given not only as to the person for whose account the securities are to be sold but also as to all other persons included in that definition. In addition, information shall be given as to sales by all persons whose sales are required by paragraph (e) of Rule 144 to be aggregated with sales for the account of the person filing this notice.

Relationship to Issuer

144: Securities Information

Title of the Class of Securities To Be Sold	Name and Address of the Broker	Number of Shares or Other Units To Be Sold	Aggregate Market Value	Number of Shares or Other Units Outstanding	Approximate Date of Sale	Name the Securities Exchange
Common Stock	VIRTU AMERICAS, LLC 1 LIBERTY PLAZA 165 BROADWAY NEW YORK NY 10006	32000	1040960	7645360	08/15/2025	NASDAQ

Furnish the following information with respect to the acquisition of the securities to be sold and with respect to the payment of all or any part of the purchase price or other consideration therefor:

144: Securities To Be Sold

Title of the Class	Date you Acquired	Nature of Acquisition Transaction	Name of Person from Whom Acquired	Is this a Gift?	Date Donor Acquired	Amount of Securities Acquired	Date of Payment	Nature of Payment *
Common Stock	11/12/2019	Pro rata distribution of common stock from 734 Investors, LLC to Rinyami, LLC. Mr. Slack is the Managing Member of Rinyami, LLC.	734 Investors, LLC			128571	11/12/2019	N/A

* If the securities were purchased and full payment therefor was not made in cash at the time of purchase, explain in the table or in a note thereto the nature of the consideration given. If the consideration consisted of any note or other obligation, or if payment was made in installments describe the arrangement and state when the note or other obligation was discharged in full or the last installment paid.

Furnish the following information as to all securities of the issuer sold during the past 3 months by the person for whose account the securities are to be sold.

144: Securities Sold During The Past 3 Months

Nothing to Report

144: Remarks and Signature

Remarks

Date of Notice

ATTENTION:

The person for whose account the securities to which this notice relates are to be sold hereby represents by signing this notice that he does not know any material adverse information in regard to the current and prospective operations of the Issuer of the securities to be sold which has not been publicly disclosed. If such person has adopted a written trading plan or given trading instructions to satisfy Rule 10b5-1 under the Exchange Act, by signing the form and indicating the date that the plan was adopted or the instruction given, that person makes such representation as of the plan adoption or instruction date.

Signature

ATTENTION: Intentional misstatements or omission of facts constitute Federal Criminal Violations (See 18 U.S.C. 1001)

FAQ

What does ALCO's Form 144 disclose about the proposed sale?

The filing discloses a proposed sale of 32,000 common shares via VIRTU AMERICAS, LLC with aggregate market value $1,040,960 and approximate sale date 08/15/2025.

Who acquired the shares being sold and when?

The shares were acquired on 11/12/2019 in a pro rata distribution from 734 Investors, LLC to Rinyami, LLC; 128,571 shares were acquired in that distribution.

What portion of ALCO's outstanding shares does the sale represent?

The filing lists 7,645,360 shares outstanding; the proposed sale of 32,000 shares represents approximately 0.42% of outstanding shares based on those figures.

Does the Form 144 report any securities sold in the past three months?

No. The filing states Nothing to Report for securities sold during the past three months by the selling person.

Who is the named managing member connected to the selling entity?

The filing states that Mr. Slack is the Managing Member of Rinyami, LLC, the entity for whose account the securities are to be sold.