Hamm Gregory C. 4
Research Summary
AI-generated summary
Limoneira (LMNR) VP/CFO Gregory Hamm Sells 1,000 Shares
What Happened
Gregory C. Hamm, Limoneira's Vice President, Chief Financial Officer and Treasurer, disposed of 1,000 shares of Limoneira common stock in an open-market/private sale on May 1, 2026. The weighted-average sale price was $12.78 per share (range $12.7050–$12.82), for total reported proceeds of $12,785. This filing reports a sale (transaction code S), not a purchase or option exercise.
Key Details
- Transaction date: May 1, 2026. Form 4 filed: May 5, 2026 (timely filing).
- Price: weighted average $12.78; individual sale prices ranged $12.7050 to $12.82 (full breakdown available on request).
- Shares sold: 1,000; total proceeds: $12,785.
- Method/plan: Sales were effected pursuant to a Rule 10b5-1 trading plan adopted December 30, 2025.
- Ownership after transaction: not disclosed in the provided filing excerpt. The shares are held by The Hamm Family Trust U/A dated 10/27/2004, of which Mr. Hamm is trustee.
- Filing appears timely (Form 4 filed within required period).
Context
Sales executed under a Rule 10b5-1 plan are generally pre-arranged and scheduled in advance, which can make them routine and not necessarily indicative of the insider’s view on the company’s near-term prospects. The dollar amount here ($12,785) is small in absolute terms and is unlikely to be material to institutional holders or the company’s market capitalization.