Maui Land & Pineapple (MLP) awards 12,056 stock units to director Sellers

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.

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

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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^*

SELLERS R SCOT

(Last) (First) (Middle)

11757 MAGNOLIA PARK COURT

(Street)

LAS VEGAS NV 89141

(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		12,056	A	$0(1)	46,800	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 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.

	/s/ R. SCOT SELLERS	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).
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 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.

How do the 12,056 granted shares to MLP director R. Scot Sellers vest?

The 12,056 granted shares vest in four equal installments of 3,014 shares each. Vesting dates are March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026, conditioned on Sellers remaining a director on each vesting date.

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.

How many Maui Land & Pineapple shares does R. Scot Sellers hold after this Form 4 transaction?

After the March 3, 2026 equity grant, director R. Scot Sellers directly holds 46,800 shares of common stock. This total reflects his holdings following the reported award under the company’s 2017 Equity and Incentive Award Plan for director compensation.

Is the 12,056-share award to Maui Land & Pineapple director immediately vested?

The 12,056-share award is not fully vested immediately. It vests in four quarterly tranches of 3,014 shares each in 2026, and each tranche requires that R. Scot Sellers remains a director on the corresponding vesting date.