Form 4: Alico Director Toby K. Purse Acquires Shares
Statement of Changes in Beneficial Ownership
Director Toby K. Purse acquired 516 shares of Alico, Inc. common stock as part of a stock incentive plan.
Summary
- Director Toby K. Purse acquired 516 shares of Alico, Inc. (ALCO) common stock.
- The transaction occurred on April 1, 2026, at a price of $41.21 per share.
- The shares were issued under the company's Amended and Restated Stock Incentive Plan of 2015.
- Following this transaction, the director's total beneficial ownership is 20,828 shares.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral, routine administrative filing regarding director compensation.
Positives
- Director demonstrates alignment with shareholder interests through increased equity ownership.
Negatives
- None identified.
Risks
- None identified.
Future Outlook
Not applicable as this is a routine insider transaction filing.
Industry Context
StockSavvy.ai notes that routine equity grants to directors under established incentive plans are standard corporate governance practices intended to align leadership interests with long-term shareholder value.
Comparison to Industry Standards
- The issuance of shares under an existing incentive plan is consistent with standard compensation practices for publicly traded agricultural and land management companies.
Stakeholder Impact
- Minimal impact on shareholders; reflects standard director compensation.
Next Steps
- None mentioned.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Date of the share acquisition transaction. |
| 04/02/2026 | Date the Form 4 was signed and filed. |
Keywords
Alico, ALCO, Insider Trading, Form 4, Director Ownership, Stock Incentive Plan
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