Alico (ALCO) Insider Adam Putnam Boosts Stake with 930-Share Grant

Rhea-AI Filing Summary

Alico, Inc. (ALCO) – Form 4 insider filing: Director Adam H. Putnam acquired 930 shares of Alico common stock on 01 July 2025 under the company’s Amended and Restated Stock Incentive Plan of 2015. The shares were issued at $0.00 (no cash consideration, indicating a stock grant). Following the award, Putnam’s total direct beneficial ownership increased to 15,118 shares.

No derivative securities were reported, and there were no dispositions. The filing was signed on 03 July 2025 by attorney-in-fact Brad Heine.

Positive

• Director increased holdings by 930 shares, signaling continued alignment with shareholders.
• No shares were sold, avoiding potential negative perception of insider disposition.

Negative

• None.

Insights

Financial Analyst

TL;DR: Director received 930-share grant, increasing stake to 15,118; no sales—modestly positive signal.

The transaction reflects a routine equity award rather than an open-market purchase. Although the zero-dollar price limits direct valuation impact, the additional ownership aligns Director Putnam’s interests with shareholders and removes any near-term selling pressure. The size—≈6.6% increase in his holdings—is modest relative to Alico’s 7.6 million outstanding shares, so market impact should be limited. Still, insider accumulation versus disposal is generally viewed positively by investors, particularly when the shares come via long-term incentive plans encouraging retention.

Insider Trade Summary

Net Buyer: 930 shares

Net Buy 1 txn

Insider Putnam Adam

Role Director

Type	Security	Shares	Price	Value
Grant/Award	Alico, Inc., Common Stock, Par Value $1.00	930	$0.00	$0.00

Holdings After Transaction: Alico, Inc., Common Stock, Par Value $1.00 — 15,118 shares (Direct)

Footnotes (1)

1. F1. These shares were issued under the Amended and Restated Stock Incentive Plan of 2015.

FAQ

How many ALCO shares did Director Adam Putnam acquire?

He acquired 930 shares of Alico common stock.

What was the transaction date for the ALCO Form 4 filing?

The shares were issued on July 1, 2025.

Did the director pay cash for the shares?

No. The shares were granted at $0.00 under the 2015 Stock Incentive Plan.

What is Adam Putnam’s total ALCO share ownership after the grant?

He now directly owns 15,118 shares.

Were any derivative securities reported in this filing?

No derivative securities were acquired or disposed of.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Accepted by SEC EDGAR 07/03/2025 - 07:19 AM Learn about SEC filing dates

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Putnam Adam

(Last) (First) (Middle)

PO BOX 1400

(Street)

BARTOW FL 33831

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
ALICO, INC. [ ALCO ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
07/01/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Alico, Inc., Common Stock, Par Value $1.00	07/01/2025		A		930(1)	A	$0	15,118	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

1. These shares were issued under the Amended and Restated Stock Incentive Plan of 2015.

Remarks:

	/s/ Brad Heine, Attorney-in-Fact for Adam H. Putnam	07/03/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
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