ALCO Form 4: Henry Slack Reports Two-Day Sale Reducing Stake to 35,188 Shares
Rhea-AI Filing Summary
Henry R. Slack, a director of Alico, Inc. (ALCO), reported sales of common stock on August 25 and 26, 2025. He sold 2,913 shares on 08/25/2025 at a weighted average price of $34.5607 and 3,548 shares on 08/26/2025 at a weighted average price of $34.2925. After the transactions Mr. Slack directly held 35,188 shares.
The filing discloses an indirect holding of 1,820 shares by Montac Trust, of which Mr. Slack is a beneficiary, and states the two previously reported family trusts were dissolved. The report was signed by an attorney-in-fact on 08/27/2025.
Positive
- None.
Negative
- None.
Insights
TL;DR: Director Henry Slack sold 6,461 ALCO shares over two days, reducing his direct stake to 35,188 shares; disclosure appears complete.
The sales on 08/25/2025 (2,913 shares at $34.5607 weighted average) and 08/26/2025 (3,548 shares at $34.2925 weighted average) are reported with footnotes explaining price ranges and offering to provide per-price breakdowns on request. The form lists a direct beneficial ownership of 35,188 shares after the transactions and an indirect holding of 1,820 shares via Montac Trust, with a disclaimer of beneficial ownership by Mr. Slack except to the extent of pecuniary interest. From an analytical standpoint, this is a routine Rule 16 disclosure of insider sales; materiality relative to total outstanding shares is not stated in the filing, so market impact cannot be assessed from this document alone.
TL;DR: Reported insider sales and trust holdings are disclosed; dissolution of prior family trusts is noted but unexplained in the filing.
The Form 4 identifies Mr. Slack as a director and shows disclosure of both direct and indirect holdings, including a specific statement that the Family Trusts were dissolved and that Montac Trust holds 1,820 shares. The filing is signed by an attorney-in-fact, indicating proper submission mechanics. The document does not explain reasons for the sales or the trusts' dissolution; such details are outside the scope of Form 4 and are not provided here.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Alico, Inc., Common Stock, Par Value $1.00 | 3,548 | $34.2925 | $122K |
| Sale | Alico, Inc., Common Stock, Par Value $1.00 | 2,913 | $34.5607 | $101K |
| holding | Alico, Inc., Common Stock, Par Value $1.00 | -- | -- | -- |
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.43 to $34.865, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. The price reported in Column 4 is a weighted average price. These shares were sold in multiple transactions at prices ranging from $34.12 to $34.595, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the Staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. Montac Trust, a trust of which Mr. Slack is a beneficiary, holds 1,820 shares of the Company's Common Stock. Mr. Slack disclaims beneficial ownership of the shares held by such trust except to the extent of his pecuniary interest therein. The two family trusts (the "Family Trusts") previously reported were dissolved.
