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.
Positive
None.
Negative
None.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 4)
Alico, Inc.
(Name of Issuer)
Common Stock
(Title of Class of Securities)
016230104
(CUSIP Number)
12/31/2025
(Date of Event Which Requires Filing of this Statement)
Check the appropriate box to designate the rule pursuant to which this Schedule is filed:
Rule 13d-1(b)
Rule 13d-1(c)
Rule 13d-1(d)
SCHEDULE 13G
CUSIP No.
016230104
1
Names of Reporting Persons
Thomas A. Satterfield, Jr.
2
Check the appropriate box if a member of a Group (see instructions)
(a)
(b)
3
Sec Use Only
4
Citizenship or Place of Organization
UNITED STATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
45,836.00
6
Shared Voting Power
441,000.00
7
Sole Dispositive Power
45,836.00
8
Shared Dispositive Power
441,000.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
486,836.00
10
Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)
11
Percent of class represented by amount in row (9)
6.4 %
12
Type of Reporting Person (See Instructions)
IN
Comment for Type of Reporting Person: *Based on 7,656,646 shares of common stock of the issuer (the "Common Stock") outstanding as of January 30, 2026, as reported by the issuer in its Quarterly Report on Form 10-Q for the fiscal quarter ended December 31, 2025.
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Alico, Inc.
(b)
Address of issuer's principal executive offices:
10070 Daniels Interstate Court, Suite 200, Fort Myers, FL 33913
Item 2.
(a)
Name of person filing:
Thomas A. Satterfield, Jr.
(b)
Address or principal business office or, if none, residence:
15 Colley Cove Drive
Gulf Breeze, Florida 32561
(c)
Citizenship:
Incorporated by reference from Item 4 of the Cover Page.
(d)
Title of class of securities:
Common Stock
(e)
CUSIP No.:
016230104
Item 3.
If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)
Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)
Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)
Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)
Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)
An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)
An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)
A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)
A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)
A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)
A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J),
please specify the type of institution:
(k)
Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.
Ownership
(a)
Amount beneficially owned:
Incorporated by reference from Item 9 of the Cover Page.
(b)
Percent of class:
Incorporated by reference from Item 11 of the Cover Page.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
Incorporated by reference from Item 5 of the Cover Page.
(ii) Shared power to vote or to direct the vote:
Incorporated by reference from Item 6 of the Cover Page.
(iii) Sole power to dispose or to direct the disposition of:
Incorporated by reference from Item 7 of the Cover Page.
(iv) Shared power to dispose or to direct the disposition of:
Incorporated by reference from Item 8 of the Cover Page.
Item 5.
Ownership of 5 Percent or Less of a Class.
Not Applicable
Item 6.
Ownership of more than 5 Percent on Behalf of Another Person.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
With respect to the beneficial ownership reported for Thomas A. Satterfield, Jr., 76,000 shares are held by Tomsat Investment & Trading Co., Inc., a corporation controlled by Mr. Satterfield and of which he serves as President; 200,000 shares are held by Caldwell Mill Opportunity Fund, LLC which fund is managed by an entity of which Mr. Satterfield owns a 50% interest and serves as Chief Investment Manager; and 89,000 shares are held by A.G. Family L.P., a partnership managed by a general partner controlled by Mr. Satterfield.
Additionally, Mr. Satterfield has limited powers of attorney for voting and disposition purposes with respect to the following shares: Thomas A. Satterfield, Sr. (25,000 shares); John and Angela Picton (5,000 shares); Christy Beard (2,000 shares); Paula and Gene Colley (4,000 shares); Glenna and Jessee Colley (5,000 shares); Parker Little Trust (500 shares); Lola Little Trust (500 shares); Jeanette S. Kaiser (21,000 shares); Richard W. Kaiser (6,000 shares); Henry Beck (4,000 shares); Alexandria Pontikes Flannery (500 shares); Camille Pontikes Richards (500 shares); and Parker Satterfield (2,000 shares). These individuals and entities have the right to receive or the power to direct the receipt of the proceeds from the sale of their respective shares.
Item 7.
Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
Not Applicable
Item 8.
Identification and Classification of Members of the Group.
Not Applicable
Item 9.
Notice of Dissolution of Group.
Not Applicable
Item 10.
Certifications:
By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
What ownership stake in Alico (ALCO) does Thomas A. Satterfield, Jr. report?
Thomas A. Satterfield, Jr. reports beneficial ownership of 486,836 shares of Alico common stock, representing 6.4% of the class. This ownership percentage is calculated using 7,656,646 shares outstanding as of January 30, 2026, as disclosed in Alico’s Form 10-Q.
How are Thomas A. Satterfield Jr.’s Alico (ALCO) shares held and controlled?
Satterfield has sole voting and dispositive power over 45,836 Alico shares and shared power over 441,000 shares. The shared holdings are largely through entities he controls and through limited powers of attorney over other individuals’ accounts, which retain rights to their respective proceeds.
Which entities associated with Thomas A. Satterfield, Jr. hold Alico (ALCO) shares?
Alico shares are held by Tomsat Investment & Trading Co., Inc. (76,000 shares), Caldwell Mill Opportunity Fund, LLC (200,000 shares), and A.G. Family L.P. (89,000 shares). These entities are controlled or managed by Satterfield in various capacities, contributing to his reported beneficial ownership.
What powers of attorney does Thomas A. Satterfield, Jr. have over Alico (ALCO) shares?
Satterfield holds limited powers of attorney for voting and disposition over multiple individual and trust accounts, including holdings for family members and others. These accounts total numerous small positions, and each identified person or entity retains the right to receive proceeds from any sale of their shares.
Does Thomas A. Satterfield, Jr. seek to influence control of Alico (ALCO) with these holdings?
He certifies that the Alico securities were not acquired and are not held for the purpose of changing or influencing control of the issuer. He also states they are not held in connection with any transaction having that purpose, except for activities solely related to a nomination under Rule 14a-11.
What type of SEC filing did Thomas A. Satterfield, Jr. submit regarding Alico (ALCO)?
He submitted Amendment No. 4 to a Schedule 13G reporting his beneficial ownership in Alico common stock. Schedule 13G is typically used by investors who exceed 5% ownership but certify they are passive and not seeking to change or influence control of the company.