Maui Land & Pineapple (NYSE: MLP) grants director Ota 5,804 shares

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.

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^*

Ota Ken

(Last) (First) (Middle)

C/O MAUI LAND & PINEAPPLE COMPANY, INC.

500 OFFICE ROAD

(Street)

LAHAINA HI 96761

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
MAUI LAND & PINEAPPLE CO INC [ MLP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026

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	03/03/2026		A		5,804(1)	A	$0(1)	13,336	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. 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.

	/s/ KEN A. OTA	03/05/2026
	** 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).
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FAQ

What did Maui Land & Pineapple (MLP) disclose about director Ken Ota’s stock grant?

Maui Land & Pineapple granted director Ken Ota 5,804 shares of common stock as 2026 director compensation. The grant was made under the 2017 Equity and Incentive Award Plan and is structured to vest in four equal quarterly installments during 2026.

How will Ken Ota’s 5,804 MLP shares vest over 2026?

The 5,804-share grant vests in four equal tranches of 1,451 shares each. Vesting dates are March 31, June 30, September 30, and December 31, 2026, and each tranche requires that he is serving as a director on the relevant vesting date.

What plan governs Ken Ota’s 2026 stock award from Maui Land & Pineapple (MLP)?

Ken Ota’s stock award was granted under Maui Land & Pineapple’s 2017 Equity and Incentive Award Plan. The shares serve as director compensation for the full 2026 calendar year, with vesting tied to his continued board service at specified quarter-end dates.

How many Maui Land & Pineapple (MLP) shares does Ken Ota own after this grant?

Following the reported grant, Ken Ota directly owns 13,336 shares of Maui Land & Pineapple common stock. This total includes the newly awarded 5,804 shares, which are scheduled to vest in four equal installments throughout 2026, subject to continued board service.

Is Ken Ota’s 5,804-share Maui Land & Pineapple (MLP) grant free of cost to him?

Yes. The reported transaction price per share is $0.0000, indicating the 5,804-share grant was provided as compensation rather than purchased. These shares function as equity-based director pay, vesting quarterly in 2026 if he remains on the company’s board.