Form 4: Limoneira CFO Sells Shares Under 10b5-1 Plan
Statement of Changes in Beneficial Ownership
Limoneira Co. CFO Gregory C. Hamm sold 1,000 shares of common stock for $13.41 per share under a pre-arranged trading plan.
Summary
- Gregory C. Hamm, VP, CFO and Treasurer of Limoneira Co. (LMNR), reported a transaction on April 2, 2026.
- Hamm sold 1,000 shares of common stock at a weighted average price of $13.41 per share.
- These sales were executed under a Rule 10b5-1 trading plan adopted on December 30, 2025.
- Following the transaction, Hamm beneficially owns 79,668 shares of common stock directly and 11,144 shares indirectly through The Hamm Family Trust.
Sentiment
Score: 5
Explanation: StockSavvy.ai views this as a neutral event, as the sale was conducted under a pre-established 10b5-1 plan, indicating a planned divestiture rather than a reaction to negative company performance.
Negatives
- Company executive sold a portion of their holdings.
Future Outlook
The filing does not contain forward-looking statements or guidance.
Industry Context
StockSavvy.ai notes that Form 4 filings, particularly those involving Rule 10b5-1 plans, are common for executives to diversify holdings or manage personal finances in a pre-determined manner, aiming to avoid insider trading concerns. The sale by the CFO of Limoneira Co. is a routine disclosure under these regulations.
Stakeholder Impact
- Shareholders: The sale by a key executive may be perceived negatively, although the use of a 10b5-1 plan mitigates concerns about insider trading. The impact on share price is likely minimal given the planned nature of the transaction and the relatively small number of shares sold compared to the total outstanding.
Key Dates
| Date | Description |
|---|---|
| 12/30/2025 | Date Rule 10b5-1 trading plan was adopted by Reporting Person. |
| 04/02/2026 | Date of transaction (sale of common stock). |
| 04/03/2026 | Date of filing signature. |
Keywords
Limoneira Co., LMNR, Form 4, Insider Trading, Rule 10b5-1, Stock Sale, CFO, Gregory C. Hamm
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