Form 4: Director Adam Putnam Increases Stake in Alico, Inc.
Statement of Changes in Beneficial Ownership
Director Adam Putnam acquired 789 shares of Alico, Inc. common stock as part of the company's 2015 stock incentive plan.
Summary
- Director Adam Putnam acquired 789 shares of Alico, Inc. (ALCO) common stock.
- The transaction occurred on April 1, 2026, at a price of $41.21 per share.
- Following this acquisition, the director's total beneficial ownership increased to 17,699 shares.
- The shares were issued under the Amended and Restated Stock Incentive Plan of 2015.
Sentiment
Score: 6
Explanation: StockSavvy.ai views this as a neutral-to-positive event, as it reflects standard director compensation and a minor increase in insider ownership.
Positives
- Director demonstrates confidence in the company by increasing equity stake.
- The acquisition aligns director interests with those of shareholders through stock-based compensation.
Negatives
- None identified in this filing.
Risks
- None identified in this filing.
Future Outlook
No specific forward-looking guidance provided in this filing.
Industry Context
StockSavvy.ai notes that director share acquisitions are generally viewed as a positive signal of internal confidence in the company's long-term strategic direction within the agribusiness sector.
Comparison to Industry Standards
- The issuance of shares under an existing incentive plan is a standard corporate governance practice for aligning director compensation with shareholder value.
Stakeholder Impact
- Shareholders may view the increased insider ownership as a sign of management stability.
Next Steps
- No future actions or milestones were disclosed in this filing.
Key Dates
| Date | Description |
|---|---|
| 04/01/2026 | Date of the 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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