Form 4: Limoneira CFO Mark Palamountain Reports Stock Transactions

CFO and Treasurer of Limoneira Co., Mark Palamountain, reports disposition of common stock to cover tax liabilities related to vesting of restricted stock awards.

Summary

• On December 18, 2024, Mark Palamountain, CFO and Treasurer of Limoneira Co., reported the disposition of 2,615 shares of common stock at a price of $25.36.
• This transaction was to cover a tax liability related to the vesting and distribution of restricted stock awards.
• Following the transaction, Palamountain directly owns 116,452 shares of Limoneira Co. common stock.
• A further disposition of 2,525 shares of common stock at a price of $25.36 also occurred on December 18, 2024.
• Following this transaction, Palamountain directly owns 113,927 shares of Limoneira Co. common stock.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing related to stock transactions for tax purposes, indicating a neutral sentiment.

Industry Context

Form 4 filings are a routine part of the US stock market and are required by the SEC to ensure transparency of trading by corporate insiders.

Stakeholder Impact

• The stock disposition may have a minor impact on shareholders due to the increased supply of shares, but it is unlikely to be significant given the relatively small number of shares involved.

Key Dates