Alexander & Baldwin (ALEX) CFO reports PSU vesting and tax share withholding

Rhea-AI Filing Summary

Alexander & Baldwin, Inc. Chief Financial Officer Clayton K. Y. Chun reported equity compensation activity in company stock. On February 1, 2026, he acquired 2,414 shares of common stock at $0.0000 per share from performance share units that vested based on relative total shareholder return and financial metrics for a performance period ending in calendar year 2025. On the same date, 908 shares were withheld at $20.74 per share to cover tax withholding obligations from earlier performance share unit vesting. After these transactions, he directly owned 102,598 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^*

Chun Clayton K Y

(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)
	Chief Financial Officer

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)		2,414	A	$0.0000	103,506	D
Common Stock	02/01/2026		F(2)		908	D	$20.74	102,598	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 performance share units.

	/s/ Clayton K. Y. Chun	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 insider transaction did ALEX CFO Clayton Chun report on February 1, 2026?

Alexander & Baldwin CFO Clayton Chun reported acquiring 2,414 shares of common stock from vested performance share units on February 1, 2026. The shares were issued at $0.0000 per share after meeting relative total shareholder return and financial metric goals for the 2025 performance period.

Why were 2,414 ALEX shares granted to the CFO in this Form 4 filing?

The 2,414 Alexander & Baldwin shares represent common stock underlying performance share units that became eligible to vest for a period ending in 2025. Vesting depended on the company’s relative total shareholder return and financial metrics over that performance period, as specified in the compensation plan.

What does the 908-share F-code transaction mean in the ALEX Form 4?

The 908-share F-code transaction reflects common stock withheld by Alexander & Baldwin to satisfy tax withholding obligations. These obligations arose from the vesting of previous performance share unit grants, so the shares were not sold in the open market but retained by the issuer.

How many Alexander & Baldwin (ALEX) shares does the CFO own after these transactions?

Following the reported transactions, Clayton Chun directly owned 102,598 shares of Alexander & Baldwin common stock. This figure reflects both the 2,414-share award from vested performance share units and the 908 shares withheld to cover associated tax obligations.

Are the reported ALEX transactions direct or indirect holdings for the CFO?

Both reported Alexander & Baldwin transactions are classified as direct holdings for the CFO. The Form 4 lists the ownership form as “D” (direct) for the acquired 2,414 shares and for the remaining shares after 908 were withheld for taxes.

What do the performance share units in the ALEX Form 4 depend on?

The performance share units vest based on Alexander & Baldwin’s relative total shareholder return and financial metrics over a defined performance period. For this award, the relevant performance period ended in calendar year 2025, and vesting determined the 2,414 common shares issued.