Research Summary
AI-generated summary of this SEC filing
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 August 3, 2026. The shares were disposed at a weighted-average price of $12.99 per share for total proceeds of $12,986. The sales were reported on a Form 4 filed August 11, 2026. Because this was a sale (not a purchase), it is typically treated as routine insider selling rather than a bullish signal.
Key Details
- Transaction date: 2026-08-03; Form 4 filed: 2026-08-11.
- Price: weighted average $12.99; individual sale prices ranged from $12.95 to $13.06.
- Shares sold: 1,000; total proceeds reported: $12,986.
- Shares owned after transaction: not specified in the provided filing excerpt.
- Footnotes: (1) Sales were executed under a Rule 10b5-1 trading plan adopted by Mr. Hamm on December 30, 2025. (2) The reported price is weighted; the sales occurred in multiple transactions at prices between $12.95 and $13.06.
- Timeliness: The trade occurred 2026-08-03 and the Form 4 was filed 2026-08-11 — outside the typical two-business-day reporting window, suggesting a delayed filing.
Context
A Rule 10b5-1 plan allows insiders to pre-schedule trades and generally reduces the inference that a sale reflects contemporaneous insider views of the company. For retail investors, purchases tend to be more informative about insider optimism than routine sales under planned programs. This filing documents a small, scheduled disposition rather than an acquisition or option exercise.