Director equity grant at Maui Land & Pineapple (NYSE: MLP) for 2026

Rhea-AI Filing Summary

Aeppel Glyn reported acquisition or exercise transactions in this Form 4 filing.

Maui Land & Pineapple Company director Glyn Aeppel received a stock grant of 5,804 common shares as director compensation for 2026. The award was granted at no cash cost under the company’s 2017 Equity and Incentive Award Plan and is structured as restricted stock.

The shares vest in four equal installments of 1,451 shares on March 31, June 30, September 30, and December 31, 2026, as long as Aeppel remains a director on each vesting date. Following this grant, Aeppel directly holds 22,963 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^*

Aeppel Glyn

(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)	22,963	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 Ms. Aeppel 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/ GLYN AEPPEL	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 in this Form 4 filing?

Maui Land & Pineapple disclosed that director Glyn Aeppel received a grant of 5,804 common shares as director compensation for 2026. The award is a restricted stock grant under the company’s 2017 Equity and Incentive Award Plan, not an open-market purchase.

How many Maui Land & Pineapple shares did director Glyn Aeppel receive?

Director Glyn Aeppel received a grant of 5,804 shares of common stock. These shares were issued as compensation under the company’s 2017 Equity and Incentive Award Plan and were reported at a price of $0.00 per share, reflecting a non-cash equity award.

How will the 5,804-share grant to Glyn Aeppel vest over 2026?

The 5,804-share grant will vest in four equal installments of 1,451 shares each. Vesting dates are March 31, June 30, September 30, and December 31, 2026, and each tranche vests only if Aeppel continues serving as a director on the applicable date.

What is the purpose of the Maui Land & Pineapple stock grant to Glyn Aeppel?

The stock grant represents director compensation for the period from January 1, 2026 to December 31, 2026. Rather than cash, Maui Land & Pineapple is compensating director Glyn Aeppel with restricted common shares under its 2017 Equity and Incentive Award Plan.

How many Maui Land & Pineapple shares does Glyn Aeppel own after this grant?

After this reported transaction, director Glyn Aeppel directly holds 22,963 shares of Maui Land & Pineapple common stock. This total reflects the newly granted 5,804 restricted shares, which vest quarterly through 2026, subject to continued board service on each vesting date.