Form 4: Alico Director W. Andrew Krusen Jr. Acquires 821 Shares of Common Stock

Director W. Andrew Krusen Jr. reports acquiring 821 shares of Alico, Inc. common stock on January 2, 2025, under the company's Stock Incentive Plan.

Summary

• On January 2, 2025, W. Andrew Krusen Jr., a director of Alico, Inc., acquired 821 shares of Alico common stock.
• The acquisition was made under the company's Stock Incentive Plan of 2015.
• The price per share was $0.
• Following the transaction, Mr. Krusen directly owns 40,973 shares.
• Mr. Krusen also has indirect ownership of 40,000 shares through WIT Ventures, LTD, where he disclaims beneficial ownership except to the extent of his pecuniary interest.

Sentiment

Score: 5

Explanation: The sentiment is neutral as it reports a standard transaction. The director's purchase could be seen as slightly positive, but it's a relatively small amount.

Positives

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

Industry Context

Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders and are a regular part of corporate governance.

Stakeholder Impact

• The transaction could have a minor positive impact on shareholder sentiment.

Key Dates