Alexander & Baldwin Insider Update: CEO Tax-Withholds $59k in Stock
Rhea-AI Filing Summary
Alexander & Baldwin, Inc. (ALEX) – Form 4 filing dated 31-Jul-2025
President & CEO Lance K. Parker reported a Rule 16 transaction code “F”, indicating shares were withheld by the company to satisfy tax obligations arising from a prior restricted stock-unit vesting.
- Shares withheld (disposed): 3,277 common shares
- Price used for withholding: $17.98 per share
- Value of withholding: approx. $58.9 k
- Post-transaction direct ownership: 222,335.756 common shares
Positive
- Executive alignment remains strong: Parker continues to hold over 222k ALEX shares after the transaction, maintaining skin in the game.
Negative
- Slight dilution of insider stake: Direct ownership decreased by 3,277 shares, though for tax withholding rather than discretionary selling.
Insights
TL;DR: Routine tax withholding; minimal market impact.
Code F transactions are non-discretionary and normally neutral for investors. Parker’s 3,277-share withholding (~$59k) is <1.5% of his 222k-share position, leaving his ownership effectively unchanged. Because the shares were not sold on the open market, trading supply/demand is unaffected. The filing therefore carries little valuation significance; it only updates the ownership register.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise Price or Tax Liability | Common Stock | 3,277 | $17.98 | $59K |
Footnotes (1)
- F1. Represents common stock withheld by the Issuer to cover tax withholding obligations arising from the vesting of a previous grant of restricted stock units.
FAQ
Was the transaction an open-market sale?
Does the filing report any derivative security activity?
AI-generated analysis. How Rhea-AI works. Not financial advice.