Form 4: ALICO Director Adam Putnam Acquires 930 Shares Through Incentive Plan
Insider Transaction Report
ALICO, Inc. Director Adam Putnam acquired 930 shares of common stock on July 1, 2025, as part of the company's Amended and Restated Stock Incentive Plan of 2015, increasing his direct beneficial ownership to 15,118 shares.
Summary
- Adam Putnam, a Director of ALICO, Inc. (ALCO), acquired 930 shares of the company's common stock.
- The transaction occurred on July 1, 2025.
- These shares were issued at a price of $0, indicating they were a grant under an incentive plan.
- The acquisition was made pursuant to the Amended and Restated Stock Incentive Plan of 2015.
- Following this transaction, Adam Putnam directly beneficially owns a total of 15,118 shares of Alico, Inc. common stock.
Sentiment
Score: 7
Explanation: The acquisition of shares by a director, especially through an incentive plan, is generally a positive signal of alignment and confidence, though the $0 price indicates a grant rather than an open market purchase.
Positives
- Director Adam Putnam increased his direct beneficial ownership in ALICO, Inc. by 930 shares, demonstrating continued alignment with shareholder interests.
- The issuance of shares under the Amended and Restated Stock Incentive Plan of 2015 indicates the company's commitment to incentivizing its directors.
Future Outlook
This Form 4 filing reports an insider transaction and does not contain any forward-looking statements or guidance regarding the company's future outlook.
Industry Context
This filing is a standard disclosure of an insider stock transaction and does not provide information relevant to broader industry trends or competitive analysis.
Related Party Transactions
- Issuance of 930 shares of common stock to Director Adam Putnam under the Amended and Restated Stock Incentive Plan of 2015.
Stakeholder Impact
- Shareholders: Increased alignment of a director's interests with shareholders due to increased equity ownership.
Key Dates
| Date | Description |
|---|---|
| 07/01/2025 | Date of earliest transaction where Director Adam Putnam acquired 930 shares of Alico, Inc. common stock. |
| 07/03/2025 | Date the Form 4 was signed by the Attorney-in-Fact for Adam H. Putnam. |
Keywords
ALICO, ALCO, Form 4, Insider Transaction, Stock Acquisition, Director Compensation, Stock Incentive Plan, Adam Putnam, Common Stock
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