Form 4: Alexander & Baldwin Director John T. Leong Reports Acquisition and Disposal of Common Stock

Director John T. Leong reports acquiring 6,749 shares of Alexander & Baldwin common stock and disposing of shares held indirectly.

Summary

• On April 23, 2024, John T. Leong, a director of Alexander & Baldwin, Inc., reported a transaction involving the company's common stock.
• Leong acquired 6,749 shares of common stock at a price of $0.00, and disposed of 3 shares.
• Following the reported transactions, Leong beneficially owns 26,259 shares of Alexander & Baldwin common stock directly and indirectly.
• The acquisition of shares was related to restricted stock units issued under the Issuer's Incentive Compensation Plan that vest on the earlier of their one-year grant date anniversary or immediately prior to the Issuer's next annual meeting of shareholders.

Sentiment

Score: 5

Explanation: The sentiment is neutral as this is a standard disclosure of stock transactions by a company director.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.

Stakeholder Impact

• The transaction provides transparency to shareholders regarding the director's stake in the company.

Key Dates