Form 4: Limoneira CO Director Gordon E. Kimball Reports Stock Award

Director Gordon E. Kimball reports receiving a stock award from Limoneira Company's 2022 Omnibus Incentive Plan.

Summary

• On April 9, 2025, Gordon E. Kimball, a director of Limoneira CO, reported a transaction to the SEC.
• The transaction involved the acquisition of 5,090 shares of common stock through a stock award.
• The stock award was granted pursuant to the Limoneira Company 2022 Omnibus Incentive Plan.
• Following the transaction, Kimball directly owns 54,543 shares and indirectly owns 3,490 shares through his wife.

Sentiment

Score: 7

Explanation: The sentiment is neutral to slightly positive as it reflects standard executive compensation practices. The stock award aligns the director's interests with shareholders.

Positives

• The granting of a stock award to a director aligns their interests with those of the shareholders.
• The stock award was granted pursuant to the Limoneira Company 2022 Omnibus Incentive Plan, as approved by the shareholders.

Industry Context

Stock awards are a common form of executive compensation in publicly traded companies, aligning management's interests with shareholder value.

Comparison to Industry Standards

• Stock awards are a typical component of executive compensation packages in publicly listed companies like Limoneira CO.
• Companies such as Calavo Growers and Mission Produce also utilize stock-based compensation to incentivize their executives.
• The size and structure of the award would need to be compared against industry benchmarks to determine if it is in line with standard practices.

Stakeholder Impact

• The stock award could positively impact shareholders by aligning the director's interests with the company's performance.
• The stock award could positively impact employees by aligning the director's interests with the company's performance.

Key Dates

Keywords

Limoneira CO, Director, Stock Award, LMNR, Beneficial Ownership, Form 4, SEC Filing