Alexander & Baldwin (ALEX) files Form 144 for 700-share sale

Rhea-AI Filing Summary

Form 144 notice for Alexander & Baldwin, Inc. (ALEX) reports a proposed sale of 700 common shares through UBS Financial Services on the NYSE with an aggregate market value of $13,167 and an outstanding share count reported as 72,753,270. The filer acquired these shares as compensation on 02/01/2023. The filing lists prior sales by the same beneficial holder or related trust of 700 shares on three prior dates with gross proceeds of approximately $12,553–$12,863. The notice includes the seller's representation of no undisclosed material adverse information.

Insights

Financial Analyst

TL;DR: Routine small insider sale; amount is immaterial relative to outstanding shares.

The filing documents a proposed sale of 700 common shares via UBS, acquired as compensation in February 2023. Given the reported 72.75 million shares outstanding, the 700-share block represents a de minimis percentage of total equity and is unlikely to affect company valuation or market liquidity. Recent past sales of identical block sizes and similar proceeds suggest a pattern of modest, periodic disposals rather than a large, concentrated exit.

Corporate Governance Expert

TL;DR: Disclosure meets Rule 144 requirements; signature representation included; no governance red flags evident.

The notice provides required details: acquisition date, nature (compensation), broker, proposed sale date, and recent sales history. The signer asserts no undisclosed material adverse information and notes potential reliance on Rule 10b5-1 if applicable. There is no information in the document indicating insider trading policy violations or atypical insider behavior beyond routine sales.

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. 11 Madison Ave 4th Floor New York NY 10010	700	13167.00	72753270	09/10/2025	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	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
The Meredith J Ching Revocable Living Trust 822 BISHOP STREET, P.O. BOX 3440 HONOLULU HI 96801	Common	08/11/2025	700	12700.80

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 report?

The notice reports a proposed sale of 700 common shares of Alexander & Baldwin through UBS on the NYSE with an aggregate market value of $13,167.

When were the shares being sold originally acquired?

The 700 shares were acquired as compensation on 02/01/2023.

Has the seller made recent sales of ALEX stock?

Yes; the filing lists three prior sales of 700 shares each on 06/10/2025, 07/10/2025, and 08/11/2025 with gross proceeds of approximately $12,553–$12,863.

Who is acting as broker for the proposed sale?

The broker named in the notice is UBS Financial Services, Inc., 11 Madison Ave, New York, NY.

Does the filing indicate any undisclosed material information?

By signing the notice, the person for whose account the securities are to be sold represents they do not know of any material adverse information not publicly disclosed.