4/A: CFO Amends Stock Ownership Filing for Maui Land & Pineapple

Maui Land & Pineapple CFO Wade Kodama filed an amended Form 4 to correct his beneficial ownership of common stock to 26,895 shares.

Summary

• CFO Wade K. Kodama of Maui Land & Pineapple Co Inc (MLP) filed an amended Statement of Changes in Beneficial Ownership (Form 4/A).
• The amendment corrects the cumulative number of beneficially owned shares of Common Stock to 26,895.
• The filing reports a disposition of 618 shares of Common Stock on July 8, 2025, with a transaction code 'F', indicating a likely payment of tax liability by withholding securities.
• The original filing for this transaction was submitted on November 17, 2025.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral event, as it is an administrative correction to a previous filing regarding insider ownership, with no direct operational or financial implications for the company's performance.

Positives

• The amendment clarifies the accurate beneficial ownership of the CFO, enhancing transparency for investors.

Negatives

• The necessity for an amendment suggests a prior error in reporting, which could indicate administrative oversight in the company's internal processes.
• The transaction date (July 8, 2025) and the signature date of the amendment (March 20, 2026) are in the future, which is unusual for an SEC filing reporting past events and could be a point of confusion.

Risks

• Potential for administrative errors in SEC filings, which, if frequent, could raise questions about the company's internal controls and reporting accuracy.

Future Outlook

The filing does not contain explicit forward-looking statements or guidance, focusing solely on a correction of past beneficial ownership.

Management Comments

• Corrected cumulative shares to 26,895.

Industry Context

StockSavvy.ai notes that insider transaction filings, even amendments, are routine disclosures required by the SEC to ensure transparency in executive stock ownership. While this specific filing corrects a previous error, it does not indicate any broader industry trends or competitive shifts.

Comparison to Industry Standards

• This filing is a standard regulatory disclosure for insider transactions. There are no specific financial results or operational metrics to compare against industry benchmarks or competitor performance. The correction of beneficial ownership is an administrative matter specific to the individual and company.

Stakeholder Impact

• Shareholders: Provides clarified information on executive stock ownership, enhancing transparency.

Next Steps

• No specific future actions or milestones are mentioned in this amendment.

Key Dates

Recommendation

This filing is an administrative correction of an insider's beneficial ownership and does not contain information that would fundamentally alter the investment thesis for Maui Land & Pineapple Co Inc. It clarifies previously reported data without indicating any operational changes, financial performance shifts, or strategic developments that would warrant a 'buy' or 'sell' recommendation. Therefore, a 'hold' recommendation is appropriate based solely on this filing.

Keywords

Maui Land & Pineapple, MLP, Wade Kodama, CFO, Form 4/A, Beneficial Ownership, Insider Trading, Stock Ownership, SEC Filing, Common Stock