Form 4: Maui Land & Pineapple Co. CFO Wade Kodama Reports Stock Sale
SEC Form 4 Filing
CFO Wade Kodama reported the sale of 432 shares of Maui Land & Pineapple Co. stock at a price of $21.72 on March 31, 2024.
Summary
- On March 31, 2024, Wade Kodama, CFO of Maui Land & Pineapple Co. INC, sold 432 shares of common stock.
- The transaction was executed at a price of $21.72 per share.
- Following the transaction, Kodama directly owns 18,632 shares of the company's common stock.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock sale by an insider. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
Form 4 filings are a routine part of regulatory compliance for corporate insiders and provide transparency into their trading activities. This filing indicates a sale of shares by the CFO, which could be for personal financial management reasons.
Stakeholder Impact
- The sale of shares by a company insider may be perceived differently by stakeholders.
- Some may view it as a lack of confidence in the company's future, while others may see it as a normal part of personal financial planning.
Key Dates
| Date | Description |
|---|---|
| 03/31/2024 | Date of stock sale transaction |
| 04/03/2024 | Date of Form 4 filing |
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