Maui Land & Pineapple (NYSE: MLP) insider Stephen Case adds 2,630 shares

Rhea-AI Filing Summary

Maui Land & Pineapple Co. (MLP) director and 10% owner Stephen M. Case reported an open-market purchase of company stock. On 12/03/2025, he acquired 2,630 shares of common stock, coded as a purchase, at a weighted average price of $15.99 per share, with individual trade prices ranging from $15.97 to $16.00.

Following this transaction, Mr. Case is shown as beneficially owning 11,979,084 shares indirectly through the Stephen M. Case Revocable Trust, for which he is sole trustee with sole voting and dispositive power, and 67,427 shares directly.

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

OMB APPROVAL

OMB Number:			3235-0287
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hours per response:			0.5

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^*

CASE STEPHEN M

(Last) (First) (Middle)

1717 RHODE ISLAND AVENUE, N.W.

9TH FLOOR

(Street)

WASHINGTON DC 20036

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

3. Date of Earliest Transaction (Month/Day/Year)
12/03/2025

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	12/03/2025		P		2,630(1)	A	$15.99(1)	11,979,084	I	By Trust(2)
Common Stock								67,427	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. The price per share paid for the 2,630 shares ranged from $15.97 to $16.00 per share. The weighted average purchase price was $15.99 per share. Upon request, Mr. Case will provide the SEC staff, issuer, or any security holder of the issuer a list of the shares purchased and the prices paid per share.

2. Shares held directly by the Stephen M. Case Revocable Trust under agreement, dated December 17, 1998, as amended (the "Trust"). Mr. Case serves as the sole trustee of the Trust and has the solepower to direct the vote and disposition of the shares held by the Trust.

	/s/ STEPHEN M CASE	12/05/2025
	** 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What insider transaction did Maui Land & Pineapple (MLP) report?

The filing shows that Stephen M. Case, a director and 10% owner of Maui Land & Pineapple, reported an open-market purchase of 2,630 shares of common stock on 12/03/2025.

At what price did Stephen M. Case buy Maui Land & Pineapple (MLP) shares?

The 2,630 shares were purchased at prices ranging from $15.97 to $16.00 per share, with a weighted average purchase price of $15.99 per share.

How many Maui Land & Pineapple (MLP) shares does Stephen M. Case own after this transaction?

After the reported trade, Stephen M. Case beneficially owns 11,979,084 shares indirectly through a revocable trust and 67,427 shares directly, as disclosed in the filing.

How are Stephen M. Case’s indirect Maui Land & Pineapple (MLP) holdings structured?

The indirect holdings are in the Stephen M. Case Revocable Trust under an agreement dated December 17, 1998, as amended. Mr. Case is the sole trustee and has sole power to vote and dispose of the shares held by the trust.

What roles does Stephen M. Case have at Maui Land & Pineapple (MLP)?

The filing identifies Stephen M. Case as both a Director and a 10% Owner of Maui Land & Pineapple Co. Inc.

Was the reported Maui Land & Pineapple (MLP) trade made under a Rule 10b5-1 plan?

The form includes a checkbox for indicating if a transaction was made under a Rule 10b5-1(c) trading plan, but the provided excerpt does not show that box as marked.