Maui Land & Pineapple (MLP) CEO reports 2,990-share tax withholding, holds 84,821 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Maui Land & Pineapple Co. CEO Randle Race reported a tax-related share disposition. On this Form 4, 2,990 shares of common stock were withheld to cover tax obligations, rather than sold on the open market. After this non-cash transaction, he directly holds 84,821 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Randle Race A.
Role
CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | Common Stock | 2,990 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 84,821 shares (Direct)
Footnotes (1)
Key Figures
Tax-withheld shares: 2,990 shares
Shares held after transaction: 84,821 shares
Tax-withholding transactions: 1 transaction, 2,990 shares
3 metrics
Tax-withheld shares
2,990 shares
Common Stock delivered to satisfy tax liability, code F
Shares held after transaction
84,821 shares
Direct ownership following tax-withholding disposition
Tax-withholding transactions
1 transaction, 2,990 shares
Summarized in transactionSummary for this Form 4
Key Terms
tax-withholding disposition, Common Stock, Form 4, transaction code "F"
4 terms
tax-withholding disposition financial
"transaction_action: "tax-withholding disposition" for 2,990 shares"
A tax-withholding disposition is an event or transaction—such as selling or transferring securities, exercising options, or receiving compensation—that triggers a requirement to hold back part of the payment and remit it to tax authorities. It matters to investors because it reduces the cash they receive immediately and can change the timing and amount of taxable income, like a cashier taking a portion of your sale proceeds to pay taxes before you get the rest.
Common Stock financial
"security_title listed as "Common Stock" in the transaction"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"INSIDER FILING DATA (Form 4) describing CEO share transaction"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
transaction code "F" regulatory
"transaction_code "F" with description of tax liability payment"
FAQ
What insider transaction did MLP CEO Randle Race report on this Form 4?
Randle Race reported a tax-withholding disposition of 2,990 shares of Maui Land & Pineapple common stock. The shares were delivered to satisfy tax obligations, not sold on the open market, and reflect a routine administrative transaction rather than a discretionary trade.
What does transaction code "F" mean in the MLP CEO Form 4 filing?
Transaction code “F” indicates payment of an exercise price or tax liability by delivering securities. In this case, 2,990 Maui Land & Pineapple common shares were withheld to satisfy taxes, classifying the move as a tax-withholding disposition rather than a typical market trade.
Does the MLP Form 4 show any option exercises or derivative transactions by the CEO?
The summarized data show no derivative exercises or derivative transactions for this Form 4. The only reported activity is a single non-derivative tax-withholding disposition of 2,990 common shares, leaving the CEO with direct ownership of 84,821 common shares afterward.