Maui Land & Pineapple grants 12,056 director shares
SELLERS R SCOT reported acquisition or exercise transactions in this Form 4 filing.
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
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 12,056 | $0.00 | $0.00 |
Footnotes (1)
- F1. 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. Sellers is a director of the Company on the applicable vesting date. 3,014 shares are scheduled to vest on March 31, 2026, 3,014 shares are scheduled to vest on June 30, 2026, 3,014 shares are scheduled to vest on September 30, 2026, and 3,014 shares are scheduled to vest on December 31, 2026.
FAQ
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What insider transaction did Maui Land & Pineapple (MLP) report for R. Scot Sellers?
What is the purpose of the 2026 stock grant to Maui Land & Pineapple director R. Scot Sellers?
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