4/A: Limoneira CFO Amends Stock Withholding Disclosure
Amendment to Beneficial Ownership Statement
Limoneira's EVP, CFO, and Treasurer, Mark Palamountain, filed an amended Form 4 to correct the number of shares withheld for tax liability related to restricted stock awards.
Summary
- Mark Palamountain, EVP, CFO, and Treasurer of Limoneira CO (LMNR), filed an amended Form 4.
- The amendment corrects an error in a previous filing from November 4, 2025.
- The original filing incorrectly stated 9,970 shares of Common Stock were withheld for tax liability.
- The correct number of shares withheld for tax liability related to restricted stock awards is 5,822 shares.
- The transaction occurred on October 31, 2025, at a price of $14.13 per share.
- Following this transaction, Palamountain beneficially owns 94,461 shares of Common Stock directly.
Sentiment
Score: 5
Explanation: Neutral. The filing is a factual correction of a previous administrative error regarding executive stock withholding for tax purposes. It does not reflect positively or negatively on the company's operational or financial performance.
Future Outlook
NA
Industry Context
This filing is a routine compliance update for insider stock transactions and does not provide information relevant to broader industry trends or competitive landscape.
Corporate Governance
| Change Type | Description | Effective Date | Impact Assessment |
|---|---|---|---|
| Disclosure Correction | Correction of an error in a previously filed Form 4 regarding the number of shares withheld for tax liability related to restricted stock awards for an executive officer. | 11/07/2025 | Ensures accuracy of insider transaction disclosures, maintaining regulatory compliance and transparency. |
Stakeholder Impact
- Shareholders: Provides accurate information regarding executive stock ownership and transactions, enhancing transparency.
Key Dates
| Date | Description |
|---|---|
| 10/31/2025 | Date of the original transaction where shares were withheld for tax liability. |
| 11/04/2025 | Date of the original, incorrect Form 4 filing. |
| 11/07/2025 | Date the amended Form 4/A was filed. |
Keywords
Limoneira, LMNR, SEC Form 4/A, Beneficial Ownership, Stock Withholding, Restricted Stock, Tax Liability, Insider Trading, Executive Compensation
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