Form 4: Alico Director Adam Putnam Acquires 683 Shares of Common Stock
SEC Form 4
Director Adam Putnam acquired 683 shares of Alico, Inc. common stock on April 1, 2024, under the company's Stock Incentive Plan of 2015.
Summary
- On April 1, 2024, Adam Putnam, a director of Alico, Inc., acquired 683 shares of the company's common stock.
- The acquisition was made under the Stock Incentive Plan of 2015.
- Following the transaction, Putnam directly owns 10,855 shares of Alico, Inc. common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral as it reports a routine transaction. The acquisition of shares by a director is generally viewed positively, but without additional context, it's difficult to assess the overall impact.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard practice and provide transparency into the transactions of company insiders, allowing investors to track ownership changes and potential alignment of interests.
Stakeholder Impact
- The acquisition of shares by a director could positively influence shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: Adam Putnam acquired 683 shares of Alico, Inc. common stock. |
| 04/02/2024 | Date of signature: Form 4 signed by Brad Heine, Attorney-in-Fact for Adam H. Putnam. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.