Every 8-K that Maui Land & Pineapple Co. (MLP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly reports, so if you follow MLP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full MLP filings page.
Maui Land & Pineapple Company reported results for the six months ended June 30, 2026, highlighting a mix of recurring income, development activity, and higher investment spending. Total operating revenues were $7.1 million, down from $10.4 million a year earlier, mainly because prior-year land sales and a temporary housing project did not repeat.
Commercial real estate leasing generated $3.9 million and land leasing and management $2.7 million, together providing about $6.6 million of recurring revenue. The company reported a GAAP net loss of $3.7 million versus $9.6 million in 2025, with improvement driven largely by the absence of prior pension charges and lower share-based compensation. Adjusted EBITDA swung to a loss of $1.1 million from positive $0.9 million, reflecting increased development, agave venture and G&A spending.
The balance sheet showed cash of $3.3 million and total assets of $49.6 million, with line-of-credit borrowings rising to $8.5 million. Management emphasized over $20.0 million in contracted land sales, a growing blue agave agribusiness, and a memorandum of understanding for a potential sale of certain water assets as key elements of a long-term value and community-focused strategy.
Maui Land & Pineapple Company, Inc. appointed Ryan Panopio as its first Chief Investment Officer effective June 3, 2026. The new executive role is meant to support the company’s land development pipeline and real estate growth strategy.
The company recently reported a 24.5% revenue increase, with revenue reaching $11.5 million and over $11.0 million in contracted land sales in the first quarter of 2026. Panopio brings more than 20 years of experience in real estate investment and capital markets, including senior roles at Lendlease Group, Google Development Ventures, and SunCal Companies.
His compensation includes a $380,000 base salary, an annual incentive target equal to 50% of salary, and a long-term incentive target equal to 90% of salary, plus eligibility for equity awards under the 2017 Equity and Incentive Award Plan. The company oversees over 22,000 acres of land and approximately 247,000 square feet of commercial real estate on Maui.
Maui Land & Pineapple Company, Inc. entered into a Purchase and Sale Agreement to sell real property in Kapalua, Maui, to DC Kapalua 1 Property, LLC. The agreement covers 8.783 acres known as Lot 2-D for $10,000,000, plus up to 3.5 additional acres priced at $1,138,565 per acre.
The deal includes a 90-day due diligence period for the buyer to evaluate the property and decide whether to proceed, followed by efforts to obtain required governmental approvals. Terms also provide a non-exclusive trademark license, a master lease for new street-front retail space, and access to amenities for Kapalua Club members. The company notes that closing is subject to conditions and may not occur.
Maui Land & Pineapple Company, Inc. reported the results of its 2026 annual stockholder meeting. The company had 19,868,771 common shares outstanding as of April 2, 2026, the record date for the meeting.
Stockholders elected seven directors, including Glyn Aeppel, Steve Case, A. Catherine Ngo, Ken Ota, John Sabin, R. Scot Sellers, and Anthony P. Takitani, each receiving over 13.7 million shares voted for and significant support relative to votes withheld, with additional broker non-votes recorded.
Stockholders also approved, on a non-binding advisory basis, the compensation of named executive officers, with 14,604,008 shares voted for, 372,648 against, and 24,032 abstentions, plus 3,289,500 broker non-votes. In addition, they ratified Accuity LLP as independent registered public accounting firm for fiscal year 2026, with 18,261,724 shares voted for, 22,681 against, and 5,783 abstentions.
Maui Land & Pineapple Company entered into a non-binding Memorandum of Understanding with the County of Maui outlining an intent to negotiate the sale or lease of certain real property and water infrastructure assets in West Maui and Upcountry Maui. The MOU sets conditions that must be met before any definitive agreement and does not obligate either party to complete a transaction.
According to the related County press release, the framework contemplates County acquisition of MLP’s West Maui water system, an existing Upcountry well in Piʻiholo, additional land for wells and storage, and several non-water parcels for civic uses. The purchase price will be based on formal appraisals and system assessments and remains under negotiation, subject to approval by the Maui County Council.
Maui Land & Pineapple Company reported fiscal first quarter 2026 results showing lower revenue but a much smaller loss than a year earlier. Operating revenues were $3.4 million versus $5.8 million in 2025, mainly due to a sharp decline in land development and sales.
The company posted a net loss of $2.1 million, a substantial improvement from an $8.6 million loss, helped by the absence of large pension and post-retirement expenses recorded in the prior year. However, Adjusted EBITDA was a loss of $0.9 million, down from positive $0.2 million, reflecting weaker underlying earnings.
Cash and cash equivalents were $3.8 million as of March 31, 2026, down from $5.3 million at year-end, while use of its line of credit increased to $6.5 million. Total assets were $47.9 million and stockholders’ equity was $32.1 million, indicating the balance sheet remains equity-heavy despite ongoing losses.
Maui Land & Pineapple Company, Inc. reported strong fiscal 2025 results with total operating revenues of $19,457 thousand, up 68% from 2024. Growth was driven by land development and sales revenue of $5,811 thousand and leasing revenue of $12,799 thousand, aided by 15 new leases and broader asset management efforts.
Adjusted EBITDA rose to $1,766 thousand, a 146% increase from 2024, marking a second year of improvement. The company still posted a net loss of $10,579 thousand, or $0.54 per share, largely due to $6,600 thousand of pension and post-retirement expense related to funding and annuitizing its qualified pension plan.
Cash and investments convertible to cash totaled $5,295 thousand at year-end, down from $9,522 thousand a year earlier. The company highlighted targeted non-strategic land sales totaling $2,435 thousand and launched a 38-acre blue weber agave agricultural venture, while planning to resolve remaining pension obligations in late 2026 at an estimated $1,600 thousand.
Maui Land & Pineapple Company, Inc. entered into a purchase agreement to sell a 30-acre unimproved Lahaina, Hawaii parcel to its Chief Executive Officer, Race A. Randle, for $1,200,000. The CEO plans to develop the land as a farm and home under the agreement’s terms.
The buyer deposits $50,000 within two business days of signing and another $50,000 after a 90-day due diligence period, with both refundable if specific termination or non-closing conditions occur. If the CEO proceeds, the deposit becomes non-refundable.
The deal includes a fifth-anniversary value true-up requiring extra payment if fair market value then exceeds the original price, a long-term principal-residence occupancy requirement that can trigger a company repurchase option, and a shared appreciation feature where a decreasing share of sale profits is paid to the company if the property is sold before the tenth anniversary. The board obtained an independent Hawaii appraisal confirming the price exceeds current fair market value as of the effective date.
Maui Land & Pineapple Company, Inc. entered into new loan agreements with First Hawaiian Bank that expand and extend its main credit line. The company’s revolving credit facility increased from $15.0 million to $25.0 million and the term was lengthened to five years, with a new maturity date of December 31, 2030.
The facility allows revolving or term loan borrowings, with revolving interest priced at the bank’s prime rate minus 1.125 percentage points and term loans at the bank’s commercial loan rates, with interest rate swap options. Revolving borrowings can be converted into term loans for up to 10 years, potentially extending repayment to December 31, 2040. The company’s three premier commercial properties in the Kapalua Resort remain pledged as collateral, and as of December 22, 2025, it had $3.0 million outstanding under the facility.
Maui Land & Pineapple Company, Inc. disclosed that it has entered into a Purchase and Sale Agreement with Harvest at Kumulani Chapel to sell a 6.5-acre property in Kapalua, Lahaina, Hawaii for $10,000,000. The site currently includes five existing buildings totaling about 12,000 square feet, which the buyer presently leases under a ground lease that will end at closing.
The agreement provides a 90-day due diligence period and a 730-day entitlement period, with up to three additional 60-day extensions, for the buyer to secure required government approvals. Within three business days of signing, the buyer must deposit $300,000 into escrow, plus additional $50,000 deposits for each entitlement extension, all creditable to the purchase price if the deal closes. If the transaction terminates, deposits are refunded unless the buyer’s breach causes a failed condition precedent, in which case the company keeps the deposits.
Maui Land & Pineapple Company, Inc. filed a current report to note that it has released its financial results for the quarter ended September 30, 2025. On November 14, 2025, the company issued a press release detailing its operations and financial condition for this period, which is included as Exhibit 99.1 to the report and incorporated by reference.
The company clarifies that the information in the press release and related exhibit is furnished under the securities laws and is not deemed "filed" for liability purposes under Section 18 of the Exchange Act or automatically incorporated into other company filings. The report is signed on behalf of the company by Chief Financial Officer Wade K. Kodama.
Maui Land & Pineapple Company, Inc. has begun a comprehensive strategic review to evaluate options for the potential sale or lease of some or all of its water source and infrastructure assets. The company disclosed that this review is underway and communicated it through a press release furnished as an exhibit.
The information is provided under Regulation FD, meaning the company is sharing it broadly with the market, but it is furnished rather than filed and therefore is not subject to certain liability provisions. No specific transaction, counterparty, timing, or financial terms are described, only that multiple options for these water-related assets are being considered.
Maui Land & Pineapple Company, Inc. filed a current report to notify investors that it has released financial results for the quarter ended March 31, 2025. The company issued a press release on August 14, 2025 detailing its results of operations and financial condition for that quarter, and attached the release as Exhibit 99.1. The report notes that this press release is being furnished, rather than filed, under securities laws, which affects how it is treated for certain legal purposes.