Hamm Gregory C. 4
Research Summary
AI-generated summary
Limoneira (LMNR) CFO Gregory Hamm Sells 1,000 Shares
What Happened
Gregory C. Hamm, Vice President, Chief Financial Officer and Treasurer of Limoneira Co. (LMNR), sold 1,000 shares on March 3, 2026. The reported weighted-average sale price was $13.97, producing total proceeds of about $13,968. The sale was executed under a pre-established Rule 10b5-1 trading plan.
Key Details
- Transaction date: 2026-03-03
- Transaction type/code: Sale (S), open-market (multiple trades)
- Shares sold: 1,000
- Weighted-average price: $13.97; reported price range: $13.87–$14.00
- Total proceeds: $13,968 (approx.)
- Footnotes: (1) Sale effected pursuant to a Rule 10b5-1 plan adopted December 30, 2025; (2) weighted-average price—breakdown by price available on request; (3) shares held by The Hamm Family Trust (Reporting Person is trustee)
- Shares owned after transaction: Not disclosed in the information provided
- Filing timeliness: Reported on the same date as the transaction (filed 2026-03-03), so appears timely
Context
This was a routine insider sale executed under a pre-set 10b5-1 plan, which allows insiders to sell shares at predetermined times and is commonly used to avoid timing concerns. Such planned sales are not, by themselves, a clear signal of the insider’s view on the company. Purchases by insiders generally carry more weight for investors seeking a bullish signal.