Form 4: Alico Director Krusen Acquires Shares Under Incentive Plan
Insider Transaction Report
Alico Director W. Andrew Krusen Jr. acquired 344 shares of common stock under the company's Amended and Restated Stock Incentive Plan of 2015.
Summary
- W. Andrew Krusen Jr., a Director of Alico, Inc. (ALCO), acquired 344 shares of the company's common stock.
- The transaction took place on January 2, 2026.
- These shares were issued under the Amended and Restated Stock Incentive Plan of 2015.
- Following this acquisition, Mr. Krusen directly beneficially owns 43,074 shares of Alico, Inc. common stock.
- Mr. Krusen also indirectly beneficially owns 40,000 shares through WIT Ventures, LTD, disclaiming beneficial ownership except for his pecuniary interest.
Sentiment
Score: 6
Explanation: The filing indicates a director's acquisition of shares under an incentive plan, which is a routine event but generally viewed as a positive signal of management's alignment with shareholder interests.
Positives
- Director W. Andrew Krusen Jr. increased his direct beneficial ownership in Alico, Inc. by 344 shares.
- The acquisition of shares under an incentive plan aligns management's interests with those of shareholders.
Future Outlook
NA
Industry Context
NA
Related Party Transactions
- W. Andrew Krusen Jr. indirectly beneficially owns 40,000 shares through WIT Ventures, LTD. Dominion Financial Group, Inc. (DFG) is the managing general partner of WIT Ventures, LTD. Mr. Krusen is the Non-Executive Chairman and a shareholder of DFG. He disclaims beneficial ownership of these shares except to the extent of his pecuniary interest.
Stakeholder Impact
- Shareholders: The increase in director ownership, even through an incentive plan, can be seen as a positive signal of management's commitment and alignment with shareholder interests.
Key Dates
| Date | Description |
|---|---|
| 01/02/2026 | Date of transaction for the acquisition of 344 shares of Alico, Inc. common stock. |
| 01/05/2026 | Date the Form 4 was signed by the reporting person's attorney-in-fact. |
Keywords
Alico, ALCO, W. Andrew Krusen Jr., insider transaction, Form 4, common stock, stock incentive plan, director, beneficial ownership
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