Alexander & Baldwin (NYSE: ALEX) SVP reports new stock award vesting

Rhea-AI Filing Summary

Alexander & Baldwin, Inc. (ALEX) Senior Vice President Derek T. Kanehira reported equity award activity. On February 1, 2026, he acquired 2,404 shares of common stock at $0.0000 per share from performance share units that vested based on relative shareholder return and financial metrics.

On the same date, 2,483 shares of common stock were withheld at $20.74 per share to cover tax obligations from prior restricted stock unit and performance share unit vesting. After these transactions, Kanehira directly held 21,001.39 shares of Alexander & Baldwin common stock.

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

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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^*

Kanehira Derek T

(Last) (First) (Middle)

822 BISHOP STREET

(Street)

HONOLULU HI 96813

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
Alexander & Baldwin, Inc. [ ALEX ]

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

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

3. Date of Earliest Transaction (Month/Day/Year)
02/01/2026

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
Common Stock	02/01/2026		A(1)		2,404	A	$0.0000	23,484.39	D
Common Stock	02/01/2026		F(2)		2,483	D	$20.74	21,001.39	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. Represents shares of the Issuer's common stock underlying performance share units with a performance period ending in calendar year 2025 that were eligible to vest based on the Issuer's relative total shareholder return and financial metrics over the relevant performance period.

2. Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of previous grants of restricted stock units and performance share units.

	/s/ Derek T. Kanehira	02/02/2026
	** 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.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What does the latest Form 4 for Alexander & Baldwin (ALEX) report?

The Form 4 reports equity award activity for Senior Vice President Derek T. Kanehira. He received common shares from vesting performance share units and had additional shares withheld to satisfy tax obligations, updating his directly held Alexander & Baldwin common stock balance as of February 1, 2026.

How many Alexander & Baldwin (ALEX) shares did Derek T. Kanehira acquire?

Derek T. Kanehira acquired 2,404 shares of Alexander & Baldwin common stock at $0.0000 per share. These shares came from performance share units that vested based on the company’s relative total shareholder return and financial metrics over a performance period ending in calendar year 2025.

Why were some Alexander & Baldwin (ALEX) shares withheld from Derek T. Kanehira?

Alexander & Baldwin withheld 2,483 shares of common stock from Derek T. Kanehira at $20.74 per share. These shares were retained by the company to cover tax withholding obligations arising from the vesting of earlier restricted stock unit and performance share unit grants awarded to him.

How many Alexander & Baldwin (ALEX) shares does Derek T. Kanehira own after these transactions?

Following the February 1, 2026 transactions, Derek T. Kanehira directly owns 21,001.39 shares of Alexander & Baldwin common stock. This figure reflects both the 2,404 shares received from vesting performance share units and the 2,483 shares withheld by the company for tax obligations.

What triggered the share award vesting for Alexander & Baldwin (ALEX) executive Derek T. Kanehira?

The vesting was triggered by performance share units linked to a performance period ending in calendar year 2025. These units were eligible to vest based on Alexander & Baldwin’s relative total shareholder return and certain financial metrics measured over that multiyear performance period for the executive.