Form 4: ALEX CFO Chun Reports Vesting, Tax Withholding

Alexander & Baldwin CFO Clayton K. Y. Chun reported the vesting of 2,414 performance share units and the disposition of 908 shares for tax obligations.

Summary

• Chief Financial Officer Clayton K. Y. Chun acquired 2,414 shares of Alexander & Baldwin, Inc. common stock on February 1, 2026, through the vesting of performance share units.
• These performance share units were eligible to vest based on the company's relative total shareholder return and financial metrics over a performance period that concluded in calendar year 2025.
• Concurrently, 908 shares of common stock were disposed of at a price of $20.74 per share to cover tax withholding obligations arising from the vesting of previous grants of performance share units.
• Following these reported transactions, Clayton K. Y. Chun beneficially owns 102,598 shares of Alexander & Baldwin, Inc. common stock.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a moderately positive event, as it confirms the achievement of performance targets leading to executive equity vesting, indicating operational success for the relevant period. The tax-related sale is a standard, neutral event.

Positives

• The vesting of 2,414 performance share units indicates that Alexander & Baldwin met specific performance targets for the period ending in calendar year 2025.
• The CFO's continued beneficial ownership of 102,598 shares demonstrates ongoing alignment of management's interests with those of shareholders.

Negatives

• The disposition of 908 shares, while for tax purposes, results in a reduction of the CFO's direct holdings.

Future Outlook

NA

Industry Context

StockSavvy.ai notes that executive equity compensation, such as performance share units, is a standard practice across industries to align management incentives with long-term company performance and shareholder value. The vesting and subsequent tax-related disposition are routine events for executives receiving such awards.

Stakeholder Impact

• Shareholders: The vesting of performance shares suggests that the company met certain performance metrics, which is generally positive for shareholders. The CFO's continued significant ownership aligns interests.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation events—vesting of performance shares and subsequent tax-related sales. While the vesting indicates performance targets were met, it does not provide new fundamental information to alter an investment thesis. The transactions are expected and do not suggest a significant change in the company's outlook or the executive's confidence beyond what is typical for equity compensation.

Keywords

Alexander & Baldwin, ALEX, Form 4, Insider Trading, CFO, Stock Vesting, Performance Shares, Equity Compensation, Share Ownership, Executive Compensation