Maui Land & Pineapple grants director 5,804 shares
Ota Ken reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Ota Ken reported acquisition or exercise transactions in this Form 4 filing.
Maui Land & Pineapple Co. Inc. granted director Ken Ota 5,804 shares of common stock as director compensation for the period from January 1, 2026 to December 31, 2026 under its 2017 Equity and Incentive Award Plan.
The award vests in four equal installments of 1,451 shares on March 31, June 30, September 30, and December 31, 2026, in each case only if he remains a director on the applicable vesting date. After this grant, Ota directly holds 13,336 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 5,804 | $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. Ota is a director of the Company on the applicable vesting date. 1,451 shares are scheduled to vest on March 31, 2026, 1,451 shares are scheduled to vest on June 30, 2026, 1,451 shares are scheduled to vest on September 30, 2026, and 1,451 shares are scheduled to vest on December 31, 2026.
FAQ
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What did Maui Land & Pineapple (MLP) disclose about director Ken Ota’s stock grant?
What plan governs Ken Ota’s 2026 stock award from Maui Land & Pineapple (MLP)?
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