Form 4: Alico Director George R. Brokaw Acquires 640 Shares of Common Stock
SEC Form 4 Filing
Director George R. Brokaw acquired 640 shares of Alico, Inc. common stock on April 1, 2024, under the company's Stock Incentive Plan of 2015.
Summary
- On April 1, 2024, George R. Brokaw, a director of Alico, Inc., acquired 640 shares of the company's common stock.
- The acquisition was made under the Stock Incentive Plan of 2015.
- The price per share was $0.
- Following the transaction, Brokaw directly owns 264,461 shares of Alico, Inc. common stock.
Sentiment
Score: 5
Explanation: The document is a routine regulatory filing, indicating a neutral sentiment. It simply reports a transaction without expressing any positive or negative outlook.
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 transaction may have a minor positive impact on shareholder sentiment, as it indicates a director's investment in the company.
Key Dates
| Date | Description |
|---|---|
| 04/01/2024 | Date of transaction: George R. Brokaw acquired 640 shares of Alico, Inc. common stock. |
| 04/02/2024 | Date of signature: Brad Heine, Attorney-in-Fact for George R. Brokaw, signed the Form 4. |
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