Maui Land & Pineapple (MLP) CFO Reports 618-Share Disposition in Form 4/A
Rhea-AI Filing Summary
Wade K. Kodama, listed as the Chief Financial Officer and an officer of Maui Land & Pineapple Co Inc (MLP), filed an amended Form 4 reporting a securities disposition on 07/08/2025. The filing shows 618 shares of common stock were disposed of (transaction code F) at a reported price of $0. After this transaction, the reporting person beneficially owned 26,895 shares, recorded as direct ownership. The document is signed by Wade Kodama on 10/07/2025 and contains no derivative transactions or additional explanatory text.
Positive
- Amended Form filed demonstrating corrective disclosure and compliance with Section 16 reporting
- Direct ownership balance disclosed with a clear post-transaction total of 26,895 shares
Negative
- Disposition reported of 618 shares by the CFO, reducing direct holdings
- No explanation provided in the filing for the $0 price entry or the reason for the amendment
Insights
Officer reported a small direct sale and filed an amendment, showing disclosure compliance.
The report records a disposition of 618 common shares on 07/08/2025 with the reporting person remaining a direct holder of 26,895 shares. The filing identifies the reporting person as the CFO, and the Form is amended and signed on 10/07/2025, which indicates corrective or clarifying disclosure rather than new, additional trades.
Watch for any additional Form 4 amendments or related filings within the next several weeks to confirm there are no further changes to the officer's reported holdings.
Trade details are limited: 618 shares disposed at a reported price of $0 using transaction code F.
The table shows no derivative activity and lists the post-transaction ownership level as 26,895 shares, recorded as direct ownership. The $0 price combined with code F means the filing provides an unusual price entry but does not include narrative explanation in the document.
Investors or compliance teams may seek the issuer's or reporting person's follow-up disclosure for clarity; if none appears, the Form 4/A itself is the definitive record of this specific change in ownership.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 618 | $0.00 | -- |