Form 4: Alexander & Baldwin Executive Reports Share Transactions

Scott G. Morita, Senior Vice President and Corporate Counsel at Alexander & Baldwin, reported the acquisition of shares from performance units and the disposition of shares for tax obligations.

Summary

• Scott G. Morita, Senior Vice President and Corporate Counsel of Alexander & Baldwin, Inc. (ALEX), reported changes in his beneficial ownership of common stock.
• On February 1, 2026, Morita acquired 1,639 shares of common stock at a price of $0.0000 per share. These shares represent the vesting of performance share units (PSUs) for a performance period ending in calendar year 2025, based on the Issuer's relative total shareholder return and financial metrics.
• Concurrently, on February 1, 2026, Morita disposed of 2,501 shares of common stock at a price of $20.74 per share. This disposition was made to cover tax withholding obligations arising from the vesting of previous grants of restricted stock units (RSUs) and PSUs.
• Following these transactions, Morita's direct beneficial ownership of Alexander & Baldwin, Inc. common stock stands at 8,721 shares.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, typical for executive compensation and tax management, with no direct positive or negative implications for company operations or strategy.

Positives

• The vesting of 1,639 performance share units indicates that Alexander & Baldwin, Inc. met specific performance targets related to relative total shareholder return and financial metrics for the calendar year 2025.

Negatives

• The disposition of 2,501 shares to cover tax withholding obligations resulted in a net reduction of Scott G. Morita's direct beneficial ownership by 862 shares (1,639 acquired 2,501 disposed).

Future Outlook

NA

Industry Context

StockSavvy.ai notes that Form 4 filings are routine disclosures of insider transactions, reflecting executive compensation and tax obligations rather than strategic shifts or operational performance.

Stakeholder Impact

• Shareholders: Routine insider transactions provide transparency into executive compensation and ownership levels, which is a standard aspect of corporate governance.

Key Dates

Recommendation

This Form 4 filing details routine executive compensation events, specifically the vesting of performance share units and subsequent tax-related share dispositions. Such transactions are standard and do not typically signal a change in the company's fundamental outlook or warrant a shift in investment strategy based solely on this report.

Keywords

Alexander & Baldwin, ALEX, Scott G. Morita, Form 4, Insider Trading, Share Vesting, Performance Share Units, Restricted Stock Units, Tax Withholding, Executive Compensation