Form 4: Alexander & Baldwin SVP Reports Equity Vesting, Tax Withholding

Alexander & Baldwin Senior Vice President Derek T. Kanehira reported the vesting of performance share units and subsequent tax-related share disposition.

Summary

• Derek T. Kanehira, Senior Vice President of Alexander & Baldwin, Inc. (ALEX), reported transactions involving the company's common stock.
• On February 1, 2026, Kanehira acquired 2,404 shares of common stock at a price of $0.0000 per share, resulting from the vesting of performance share units.
• These performance share units were tied to a performance period ending in calendar year 2025, based on the Issuer's relative total shareholder return and financial metrics.
• Concurrently, Kanehira disposed of 2,483 shares of common stock at a price of $20.74 per share.
• This disposition was for the purpose of covering tax withholding obligations arising from the vesting of previous grants of restricted stock units and performance share units.
• Following these transactions, Kanehira beneficially owns 21,001.39 shares of Alexander & Baldwin common stock directly.

Sentiment

Score: 7

Explanation: StockSavvy.ai views this as a routine, slightly positive event, as the vesting of performance share units indicates the achievement of performance targets, while the subsequent sale for tax purposes is standard practice.

Positives

• The vesting of 2,404 performance share units indicates that Alexander & Baldwin met specific performance targets, including relative total shareholder return and financial metrics, for the performance period ending in 2025.

Future Outlook

This Form 4 filing does not contain any forward-looking statements or guidance regarding the company's future outlook.

Industry Context

StockSavvy.ai notes that this Form 4 filing details a routine insider transaction involving equity compensation. The vesting of performance share units and subsequent sale for tax obligations are common occurrences for executives in publicly traded companies and typically do not reflect broader industry trends or competitive shifts.

Stakeholder Impact

• Shareholders: The transactions represent a routine change in an executive's direct ownership, with minimal direct impact on the broader shareholder base. The vesting of performance shares could be seen as a positive signal regarding past company performance.

Key Dates

Keywords

Alexander & Baldwin, ALEX, Insider Transaction, Form 4, Performance Share Units, Restricted Stock Units, Equity Compensation, Tax Withholding, Senior Vice President