Form 4: Alico Director W. Andrew Krusen Jr. Acquires Shares Under Stock Incentive Plan
SEC Form 4 Filing
Director W. Andrew Krusen Jr. reports acquiring 639 shares of Alico, Inc. common stock under the company's Amended and Restated Stock Incentive Plan of 2015.
Summary
- On April 1, 2025, W. Andrew Krusen Jr., a director of Alico, Inc., acquired 639 shares of Alico common stock.
- The acquisition was made under the Amended and Restated Stock Incentive Plan of 2015.
- The price per share was $0.
- Following the transaction, Mr. Krusen directly owns 41,612 shares of Alico common stock.
- Mr. Krusen also has indirect ownership of 40,000 shares through WIT Ventures, LTD, where Dominion Financial Group, Inc. (DFG) is the managing general partner.
- Mr. Krusen is the President of DFG and has investment authority over shares held by DFG pursuant to a Consulting Agreement between Mr. Krusen and DFG.
- Mr. Krusen disclaims beneficial ownership of the shares held by WIT except to the extent of his pecuniary interest therein.
Sentiment
Score: 5
Explanation: The sentiment is neutral as it is a standard regulatory filing reporting a transaction. The acquisition of shares by a director could be seen as mildly positive, but without further context, it's difficult to assess the overall impact.
Positives
- The acquisition of shares by a director may signal confidence in the company's future prospects.
Industry Context
Form 4 filings are standard disclosures required by the SEC when insiders (officers, directors, and 10% owners) of a publicly traded company buy or sell the company's securities. They provide transparency into insider transactions and can be used by investors to gauge sentiment.
Stakeholder Impact
- The transaction may have a minor positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 04/01/2025 | Date of transaction: W. Andrew Krusen Jr. acquired 639 shares of Alico, Inc. common stock. |
| 04/02/2025 | Date of signature on the Form 4 filing. |
Keywords
Alico, Krusen, Director, Stock Incentive Plan, Share Acquisition, Beneficial Ownership, Form 4
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.