Welcome to our dedicated page for Maui Ld & Pineap SEC filings (Ticker: MLP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Maui Land & Pineapple Company filings document the formal disclosures of a Maui landholding and real estate operating company. The record includes material-event reports on operating results, property agreements, water infrastructure disclosures, credit facility amendments and other business updates tied to the company’s land, leasing and resort-related asset base.
Proxy filings cover governance matters such as director elections, executive compensation, equity awards, pay-versus-performance information and shareholder voting items. Other disclosures address annual-report timing, capital structure, secured borrowing arrangements, commercial property collateral, and the agreements and risks associated with developing, leasing, selling and managing land and infrastructure assets on Maui.
Maui Land & Pineapple Company, Inc. reported the results of its 2026 annual stockholder meeting. The company had 19,868,771 common shares outstanding as of April 2, 2026, the record date for the meeting.
Stockholders elected seven directors, including Glyn Aeppel, Steve Case, A. Catherine Ngo, Ken Ota, John Sabin, R. Scot Sellers, and Anthony P. Takitani, each receiving over 13.7 million shares voted for and significant support relative to votes withheld, with additional broker non-votes recorded.
Stockholders also approved, on a non-binding advisory basis, the compensation of named executive officers, with 14,604,008 shares voted for, 372,648 against, and 24,032 abstentions, plus 3,289,500 broker non-votes. In addition, they ratified Accuity LLP as independent registered public accounting firm for fiscal year 2026, with 18,261,724 shares voted for, 22,681 against, and 5,783 abstentions.
SELLERS R SCOT reported acquisition or exercise transactions in this Form 4 filing.
MAUI LAND & PINEAPPLE CO INC director R. Scot Sellers received a grant of 50,800 shares of Common Stock as equity compensation. The award was granted at a price of $0.00 per share under the company’s 2017 Equity and Incentive Award Plan and is subject to vesting conditions.
The shares are scheduled to vest in equal installments over 16 calendar quarters beginning on June 30, 2026, with forfeiture restrictions lapsing each quarter only if he remains a director on the applicable vesting date. Following this grant, Sellers directly holds 97,600 shares of Common Stock.
Randle Race A. reported acquisition or exercise transactions in this Form 4 filing.
Maui Land & Pineapple Co. CEO Randle Race A. received a grant of 32,000 shares of common stock at no cost under the company’s 2017 Equity and Incentive Award Plan. These shares are subject to forfeiture and will vest quarterly over 16 calendar quarters starting on June 30, 2026, if he remains CEO on each vesting date. After this grant, he directly holds 116,821 common shares.
Maui Land & Pineapple Company entered into a non-binding Memorandum of Understanding with the County of Maui outlining an intent to negotiate the sale or lease of certain real property and water infrastructure assets in West Maui and Upcountry Maui. The MOU sets conditions that must be met before any definitive agreement and does not obligate either party to complete a transaction.
According to the related County press release, the framework contemplates County acquisition of MLP’s West Maui water system, an existing Upcountry well in Piʻiholo, additional land for wells and storage, and several non-water parcels for civic uses. The purchase price will be based on formal appraisals and system assessments and remains under negotiation, subject to approval by the Maui County Council.
Maui Land & Pineapple Company reported fiscal first quarter 2026 results showing lower revenue but a much smaller loss than a year earlier. Operating revenues were $3.4 million versus $5.8 million in 2025, mainly due to a sharp decline in land development and sales.
The company posted a net loss of $2.1 million, a substantial improvement from an $8.6 million loss, helped by the absence of large pension and post-retirement expenses recorded in the prior year. However, Adjusted EBITDA was a loss of $0.9 million, down from positive $0.2 million, reflecting weaker underlying earnings.
Cash and cash equivalents were $3.8 million as of March 31, 2026, down from $5.3 million at year-end, while use of its line of credit increased to $6.5 million. Total assets were $47.9 million and stockholders’ equity was $32.1 million, indicating the balance sheet remains equity-heavy despite ongoing losses.
Maui Land & Pineapple Company, Inc. reported a net loss of $2.1 million for the quarter ended March 31, 2026, compared with a net loss of $8.6 million a year earlier, mainly because 2025 included a large non-cash pension settlement expense. Operating revenues were $3.4 million, down from $5.8 million, as prior-year land development revenue from the Honokeana Homes temporary housing project did not recur while the project remains on hold. Commercial real estate leasing revenue was stable at about $2.0 million and land leasing revenue was steady, though land management costs increased. The company ended the quarter with $3.8 million in cash and had $6.5 million drawn on a $25.0 million revolving credit facility, leaving additional borrowing capacity to support development and operating needs.
Maui Land & Pineapple Company, Inc. is holding its 2026 virtual annual meeting of stockholders on May 27, 2026 at 8:30 a.m. Hawaii Standard Time via conference call. Stockholders of record at the close of business on April 2, 2026 may attend and vote.
Stockholders will vote on electing seven directors for one-year terms, approving on a non-binding advisory basis the compensation of named executive officers, and ratifying Accuity LLP as independent registered public accounting firm for fiscal year 2026. The Board unanimously recommends voting “FOR ALL” director nominees and “FOR” Proposals 2 and 3.
As of the record date, 19,868,771 shares of common stock were outstanding, with one vote per share and no cumulative voting. In 2025, the chief executive officer received total compensation of $1,378,306 and the chief financial officer received $494,688, primarily in salary and restricted stock awards tied to performance and long-term incentives.
MAUI LAND & PINEAPPLE CO INC CFO reports routine tax withholding. CFO Wade K. Kodama had 640 shares of Common Stock withheld on a Form 4 transaction coded “F,” meaning shares were delivered to cover tax obligations rather than sold in the open market. After this non-market disposition, he directly holds 36,131 shares.
Maui Land & Pineapple Co. CEO Randle Race reported a tax-related share disposition. On this Form 4, 2,990 shares of common stock were withheld to cover tax obligations, rather than sold on the open market. After this non-cash transaction, he directly holds 84,821 shares.
Maui Land & Pineapple Company, Inc. filed a Notification of Late Filing (Form 12b-25) stating it cannot timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The original due date was March 31, 2026. The company attributes the delay to obtaining and compiling required information and expects to file the Annual Report "no later than the fifteenth calendar day following the prescribed due date." The notification is signed by the CFO on March 31, 2026.