Alico Inc SEC Filings

ALICO, INC. director Toby K. Purse reported an acquisition of company stock as part of compensation. On April 1, 2026, he received 516 shares of Alico common stock at $41.21 per share under the Amended and Restated Stock Incentive Plan of 2015. After this award, he directly holds 20,828 shares of Alico common stock.

Alico, Inc. announced that its Board of Directors has declared a second quarter fiscal 2026 cash dividend of $0.05 per share on its outstanding common stock. This dividend provides direct cash returns to shareholders based on the number of shares they own.

Shareholders of record as of April 3, 2026 will be eligible to receive the dividend, with payment expected on April 17, 2026. The disclosure notes that this information is being furnished for Regulation FD purposes and is not deemed filed under Section 18 of the Exchange Act.

VIRTU AMERICAS, LLC reported an intended sale of Common Stock under Form 144. The filing lists 35,188 shares and references a pro rata distribution from 734 Investors, LLC to Rinyami, LLC (Mr. Slack is the managing member). The record shows NASDAQ listing and a filing date of 03/09/2026.

ALICO, INC. director Eric H. Speron filed an initial Form 3, which is a required statement of beneficial ownership for company insiders. This filing lists him as a director but shows no reported transactions, meaning there were no buys, sells, or other trades disclosed in this document.

Alico, Inc. held its 2026 Annual Meeting of Shareholders on February 27, 2026. Shareholders owning 6,124,334 common shares were present in person or by proxy, which was enough to conduct official business.

All six director nominees — George R. Brokaw, Katherine R. English, John E. Kiernan, Toby K. Purse, Adam H. Putnam, and Eric Speron — were elected to serve until the 2027 Annual Meeting. Support levels were strong, with each nominee receiving over 4.2 million votes in favor, compared with relatively few votes against or abstentions.

Shareholders also approved the ratification of Grant Thornton LLP as Alico’s independent registered public accounting firm for the fiscal year ending September 30, 2026, with 6,091,075 votes for, 7,925 against, and 25,334 abstentions. No other proposals were brought to a vote at the meeting.

Thomas A. Satterfield, Jr. filed Amendment No. 4 to a Schedule 13G reporting beneficial ownership of 486,836 shares, or 6.4%, of Alico, Inc. common stock. This percentage is based on 7,656,646 shares outstanding as of January 30, 2026, as reported in Alico’s Form 10-Q.

Satterfield has sole voting and dispositive power over 45,836 shares and shared voting and dispositive power over 441,000 shares held through entities he controls and accounts where he has limited powers of attorney. He certifies the shares are not held to change or influence control of Alico.

Alico, Inc. reported a sharp shift in its business as it winds down its citrus operations and pivots toward land leasing and real estate development. For the quarter ended December 31, 2025, operating revenue fell to $1.9 million from $16.9 million a year earlier, driven by a 94.6% drop in citrus revenue after the Strategic Transformation and termination of its major Tropicana contract.

Despite the revenue collapse, the net loss attributable to common stockholders narrowed to $3.5 million from $9.2 million, helped by a $4.9 million gain on land and equipment sales and lower grove costs. Land Management and Other Operations became the main revenue engine, nearly doubling to $1.0 million on higher rock and sand royalties, farming leases and sod sales.

Alico ended the quarter with $34.8 million in cash and cash equivalents and total debt of about $85.9 million in term loans and credit lines, while remaining in compliance with financial covenants. It also sold roughly 600 acres for $7.7 million during the quarter and later sold about 2,950 citrus acres for $26.9 million in January 2026, reinforcing its transition away from citrus toward diversified land use and development.

Alico, Inc. filed a current report stating it has released financial results for the three months ended December 31, 2025. The company issued a press release on February 4, 2026, and attached it as Exhibit 99.1. The filing is primarily a notice directing readers to that press release for detailed quarterly performance information.

Alico, Inc. has released its proxy materials for the 2026 Annual Meeting of Shareholders, to be held virtually via live webcast on February 27, 2026 at 9:30 a.m. Eastern time. Shareholders of record as of January 2, 2026, when 7,656,646 common shares were outstanding, are entitled to vote one vote per share.

Investors will vote on two main items: electing six directors—George R. Brokaw, Katherine R. English, John E. Kiernan, Toby K. Purse, Adam H. Putnam and new nominee Eric Speron—to serve until the 2027 meeting, and ratifying Grant Thornton LLP as independent registered public accounting firm for the fiscal year ending September 30, 2026. The board unanimously recommends voting FOR all director nominees and FOR auditor ratification.

The filing also outlines Alico’s governance structure, board committee assignments, director and executive pay practices, and its Amended and Restated 2015 Stock Incentive Plan, under which 74,500 options were outstanding at a weighted-average exercise price of $33.75 and 4,073,879 shares remained available for future equity awards as of September 30, 2025. Grant Thornton billed $450,590 in audit and related fees in fiscal 2025.