Form 4: Limoneira Director Edgar A. Terry Receives Stock Award

Director Edgar A. Terry of Limoneira CO [LMNR] acquired 4,413 shares of common stock through a stock award on March 26, 2024.

Summary

• On March 26, 2024, Edgar A. Terry, a director of Limoneira CO [LMNR], acquired 4,413 shares of common stock.
• The acquisition was a stock award granted pursuant to the Limoneira Company 2022 Omnibus Incentive Plan.
• The price per share for the acquisition was $0.
• Following the transaction, Terry directly owns 21,185 shares through the Terry Family Trust of 2008.

Sentiment

Score: 6

Explanation: The document reflects a routine transaction (stock award) and doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Positives

• The stock award to a director signals confidence in the company's future performance.

Industry Context

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

Stakeholder Impact

• The stock award aligns the director's interests with those of shareholders, potentially encouraging actions that increase shareholder value.

Key Dates