Form 4: Alico Director Toby K. Purse Acquires 729 Shares of Common Stock

Director Toby K. Purse acquired 729 shares of Alico, Inc. common stock on October 1, 2024, under the company's Stock Incentive Plan of 2015.

Summary

• On October 1, 2024, Toby K. Purse, a director of Alico, Inc., acquired 729 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, Purse's total beneficial ownership of Alico, Inc. common stock is 16,962 shares.

Sentiment

Score: 5

Explanation: The document is a neutral regulatory filing. The director's stock acquisition could be seen as slightly positive, but it's a routine transaction.

Positives

• The acquisition of shares by a director could be seen as a positive sign, indicating confidence in the company's future prospects.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. This filing indicates a director's acquisition of company stock, which is a common occurrence.

Stakeholder Impact

• The acquisition of shares by a director may have a slightly positive impact on shareholder sentiment.

Key Dates