Maui Land & Pineapple (MLP) awards 12,056 stock units to director Sellers
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SELLERS R SCOT reported acquisition or exercise transactions in this Form 4 filing.
Maui Land & Pineapple Co., Inc. reported that director R. Scot Sellers received a grant of 12,056 shares of common stock on March 3, 2026. The grant was made under the company’s 2017 Equity and Incentive Award Plan as director compensation for the period from January 1, 2026 to December 31, 2026.
The shares vest quarterly, with 3,014 shares scheduled to vest on each of March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026, subject to Sellers continuing to serve as a director on each vesting date. Following this grant, he holds 46,800 shares of common stock directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SELLERS R SCOT
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,056 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 46,800 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Maui Land & Pineapple (MLP) report for R. Scot Sellers?
Maui Land & Pineapple reported that director R. Scot Sellers received a grant of 12,056 common shares on March 3, 2026. The award is part of his director compensation under the company’s 2017 Equity and Incentive Award Plan for the 2026 service period.
What is the purpose of the 2026 stock grant to Maui Land & Pineapple director R. Scot Sellers?
The 12,056-share grant to director R. Scot Sellers serves as director compensation for the period from January 1, 2026 to December 31, 2026. It was issued under Maui Land & Pineapple’s 2017 Equity and Incentive Award Plan for board service.