Form 4: Limoneira CFO to Receive Future Stock Award

Limoneira's EVP, CFO, and Treasurer, Mark Palamountain, is scheduled to receive 18,825 shares of common stock as a long-term incentive award on November 17, 2025.

Summary

• Mark Palamountain, EVP, CFO, and Treasurer of Limoneira CO (LMNR), is set to acquire 18,825 shares of common stock.
• The transaction date for this acquisition is November 17, 2025.
• The shares are being granted as a long-term incentive restricted stock award under the Limoneira Company 2022 Omnibus Incentive Plan, which was approved by shareholders.
• Following this transaction, Mr. Palamountain's direct beneficial ownership of common stock will be 113,286 shares.
• The acquisition price for these shares is $0, indicating a grant rather than a purchase.

Sentiment

Score: 7

Explanation: The filing reports a routine, pre-scheduled executive compensation event that aligns management incentives with shareholder interests, which is generally viewed positively from a governance perspective.

Positives

• The grant aligns the interests of a key executive (CFO) with those of shareholders, promoting long-term performance.
• The award is part of a shareholder-approved incentive plan (Limoneira Company 2022 Omnibus Incentive Plan), indicating good corporate governance.
• It serves as a long-term incentive, potentially encouraging retention and sustained performance from management.

Future Outlook

This filing reports a future scheduled executive compensation event, indicating the company's ongoing commitment to its long-term incentive plan for key management personnel.

Industry Context

The granting of restricted stock awards to executive officers is a common practice across various industries, particularly in publicly traded companies, to incentivize long-term performance and align management interests with shareholder value creation.

Comparison to Industry Standards

• The use of restricted stock awards as a component of executive compensation is a standard practice, comparable to incentive plans at other publicly traded companies.
• The structure of the award, being part of a shareholder-approved omnibus incentive plan, aligns with best practices in corporate governance for executive remuneration.

Corporate Governance

Stakeholder Impact

• Shareholders: Potential positive impact due to increased alignment of executive interests with long-term company performance and value creation.
• Employees: No direct impact mentioned for general employees, but reflects the company's executive compensation strategy.

Next Steps

• The actual grant of 18,825 shares of common stock to Mark Palamountain is scheduled to occur on November 17, 2025.

Key Dates

Keywords

Limoneira, LMNR, Restricted Stock, Stock Award, Executive Compensation, Insider Transaction, Form 4, Long-term Incentive, Mark Palamountain, CFO, Future Grant