Form 4: Limoneira CEO Harold Edwards Reports Stock Transactions
SEC Form 4 Filing
Harold Edwards, CEO of Limoneira CO, reports the withholding of shares for tax liability and the granting of a long-term incentive restricted stock award.
Summary
- On October 31, 2024, Limoneira CEO Harold Edwards had 11,717 shares withheld to cover a tax liability related to the vesting of restricted stock awards at a price of $25.64 per share.
- On November 1, 2024, Edwards was granted 19,577 shares as a long-term incentive restricted stock award under the company's 2022 Omnibus Incentive Plan.
- Following these transactions, Edwards directly owns 258,199 shares of Limoneira CO.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the filing simply reports stock transactions by the CEO, with no explicit positive or negative implications.
Positives
- The granting of a long-term incentive restricted stock award to the CEO aligns his interests with the long-term performance of the company.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The stock transactions may have a minor impact on shareholders, providing insight into management's holdings and incentives.
Key Dates
| Date | Description |
|---|---|
| 10/31/2024 | 11,717 shares withheld for payment of tax liability. |
| 11/01/2024 | Granting of 19,577 shares as a long-term incentive restricted stock award. |
| 11/04/2024 | Date of signature for the Form 4 filing. |
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