Form 4: Limoneira CFO Mark Palamountain Disposes of Shares for Tax Obligations

Limoneira's SVP, CFO, and Treasurer, Mark Palamountain, disposed of 5,375 shares of common stock at $15.08 per share on June 5, 2025, to cover tax liabilities related to restricted stock vesting.

Summary

• Mark Palamountain, SVP, CFO, and Treasurer of Limoneira CO (LMNR), disposed of 5,375 shares of common stock.
• The transaction occurred on June 5, 2025, at a price of $15.08 per share.
• These shares were withheld for the payment of a tax liability associated with the vesting and distribution of restricted stock awards.
• Following this transaction, Mr. Palamountain beneficially owns 100,283 shares of Limoneira common stock directly.

Sentiment

Score: 5

Explanation: The transaction is a routine disposition of shares for tax withholding purposes related to restricted stock vesting, which is a neutral event and does not indicate discretionary selling or buying by the insider.

Related Party Transactions

• Mark Palamountain, an officer of Limoneira, disposed of shares, which is a transaction involving a related party. The transaction was specifically for tax withholding related to restricted stock vesting.

Stakeholder Impact

• Shareholders: The transaction is a routine tax-related disposition and is unlikely to have a significant direct impact on shareholders beyond the minor change in insider ownership. It does not signal a change in management's confidence in the company.

Key Dates

Recommendation

Keywords

Limoneira, LMNR, Mark Palamountain, CFO, Insider Transaction, Form 4, Stock Disposition, Restricted Stock, Tax Withholding, Common Stock