Alexander & Baldwin insider files Form 144 to sell 700 common shares

Rhea-AI Filing Summary

Alexander & Baldwin, Inc. (ALEX) Form 144 reports a proposed sale of 700 common shares through UBS Financial Services with an aggregate market value of $12,740.00. The filing lists 72,753,270 shares outstanding and an approximate sale date of 08/11/2025.

The securities were acquired as compensation from the issuer on 02/01/2023. The filing also discloses three recent sales by The Meredith J Ching Revocable Living Trust of 700 shares each on 05/12/2025, 06/10/2025 and 07/10/2025 with gross proceeds of $12,451.04, $12,862.99 and $12,552.05, respectively.

Insights

Financial Analyst

TL;DR: Small, routine insider sale; unlikely to move valuation materially.

The Form 144 documents a proposed sale of 700 common shares valued at $12,740, a nominal amount relative to the 72.75 million shares outstanding noted on the form. The shares were acquired as compensation on 02/01/2023, and the filer has recorded three similar 700-share disposals in the prior three months. From a market-impact perspective, these transactions are immaterial in size and consistent with routine insider liquidity rather than a company-specific capital event.

Corporate Governance Expert

TL;DR: Repeated small sales show a pattern of limited insider disposals, not a clear governance concern.

The filing shows repeated, modest dispositions by or for a related trust across May–July 2025 and a further proposed sale for 08/11/2025. The shares were granted as compensation in February 2023, suggesting these are personal or trust-level liquidity actions rather than corporate transactions. No information in the filing indicates undisclosed material nonpublic information or a change in corporate control; disclosures on the form are routine and consistent with Rule 144 reporting.

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	UBS Financial Services, Inc. 1000 Harbor Blvd 3rd Floor Weehawken NJ 07086	700	12740.00	72753270	08/11/2025	NYSE

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	02/01/2023	Compensation	Issuer			700	02/01/2023	NA

* 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

Name and Address of Seller	Title of Securities Sold	Date of Sale	Amount of Securities Sold	Gross Proceeds
The Meredith J Ching Revocable Living Trust 822 BISHOP STREET, P.O. BOX 3440 HONOLULU HI 96801	Common	05/12/2025	700	12451.04
The Meredith J Ching Revocable Living Trust 822 BISHOP STREET P.O. BOX 3440 HONOLULU HI 96801	Common	06/10/2025	700	12862.99
The Meredith J Ching Revocable Living Trust 22 BISHOP STREET, P.O. BOX 3440 HONOLULU HI 96801	Common	07/10/2025	700	12552.05

144: Remarks and Signature

Remarks

Date of Notice

Date of Plan Adoption or Giving of Instruction, If Relying on Rule 10b5-1

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 the ALEX Form 144 disclose?

The filing discloses a proposed sale of 700 common shares through UBS with an aggregate market value of $12,740.00 and an approximate sale date of 08/11/2025.

How and when were the shares acquired?

The 700 shares were acquired on 02/01/2023 as compensation from the issuer, according to the filing.

How many ALEX shares are outstanding per the filing?

The form lists 72,753,270 shares outstanding.

Have there been recent related-party sales reported?

Yes. The Meredith J Ching Revocable Living Trust sold 700 shares on 05/12/2025 ($12,451.04), 06/10/2025 ($12,862.99), and 07/10/2025 ($12,552.05).

Does the filing identify the filer or include a Filer CIK?

The form content provided does not include a populated Filer CIK or a named filer in the visible fields.