MLP director granted 5,188 shares as compensation
Takitani Anthony P. reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Takitani Anthony P. reported acquisition or exercise transactions in this Form 4 filing.
MAUI LAND & PINEAPPLE CO INC director Anthony P. Takitani reported receiving a grant of 5,188 shares of common stock as director compensation under the Company’s 2017 Equity and Incentive Award Plan. The award covers the period from January 1, 2026 to December 31, 2026 and was granted at a stated price of $0 per share.
According to the filing, 1,297 shares are scheduled to vest on each of March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026, provided he remains a director on each vesting date. Following this award, his directly held common stock position increased to 62,896 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,188 | $0.00 | $0.00 |
Footnotes (1)
- F1. These shares of common stock were granted under the Company's 2017 Equity and Incentive Award Plan as director compensation for the period from January 1, 2026 to December 31, 2026. These shares shall vest, and the forfeiture restrictions shall lapse, upon the last business day of each calendar quarter occurring after the date of grant provided that Mr. Takitani is a director of the Company on the applicable vesting date. 1,297 shares are scheduled to vest on March 31, 2026, 1,297 shares are scheduled to vest on June 30, 2026, 1,297 shares are scheduled to vest on September 30, 2026, and 1,297 shares are scheduled to vest on December 31, 2026.
FAQ
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What insider transaction did MLP director Anthony P. Takitani report on this Form 4?
Is Anthony P. Takitani’s MLP stock grant contingent on continued board service?
Under which plan was Anthony P. Takitani’s MLP stock grant made and for what period?
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