Form 4: Maui Land & Pineapple Co. Director R. Scot Sellers Reports Stock Disposal
SEC Form 4 Filing
Director R. Scot Sellers reported the disposal of 18,804 shares of Maui Land & Pineapple Co. common stock on August 5, 2024.
Summary
- On August 5, 2024, R. Scot Sellers, a director of Maui Land & Pineapple Co. Inc., disposed of 18,804 shares of common stock.
- The disposal was a direct transaction.
- Following the transaction, Sellers beneficially owns 8,556 shares of the company's common stock.
- The disposed shares were comprised of cancelled restricted stock awards previously issued on February 22, 2023, for 1,800 shares and on July 11, 2023, for 17,004 shares.
Sentiment
Score: 5
Explanation: This is a neutral disclosure of a stock disposal. It doesn't inherently indicate positive or negative sentiment about the company's prospects.
Industry Context
This filing is a routine disclosure of insider transactions and provides transparency to the market regarding the actions of company directors.
Stakeholder Impact
- The transaction may have a minor impact on shareholder sentiment, depending on how it's interpreted.
Key Dates
| Date | Description |
|---|---|
| 02/22/2023 | Date of previous restricted stock award issuance for 1,800 shares. |
| 07/11/2023 | Date of previous restricted stock award issuance for 17,004 shares. |
| 08/05/2024 | Date of transaction: Disposal of 18,804 shares of common stock. |
| 08/07/2024 | Date of signature on the Form 4 filing. |
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