KODAMA WADE K 4/A
Research Summary
AI-generated summary
MLP CFO Wade Kodama Pays Tax Withholding on 618 Shares
What Happened
- Wade K. Kodama, Chief Financial Officer of Maui Land & Pineapple Co. (MLP), reported 618 shares were disposed on 2025-07-08 as a payment of exercise price or tax liability (transaction code F). The filing shows a per-share price of $0.00 and total reported value $0. This transaction reflects shares withheld to satisfy tax or related obligations rather than an open-market sale.
Key Details
- Transaction date: 2025-07-08; SEC transaction code: F (payment of exercise price or tax liability).
- Shares involved: 618 shares withheld/disposed; per-share price reported as $0.00; total $0.
- Shares owned after transaction: corrected cumulative holdings reported as 26,895 shares (Footnote F1).
- Filing: Amended Form 4 filed on 2026-03-20 to correct cumulative shares. The amendment was filed many months after the transaction date (outside the typical 2-business-day window for initial Form 4 filings).
Context
- Code F typically indicates shares were withheld to cover taxes or exercise price following an equity award or option exercise. This is an administrative/withholding action, not an open-market sale or purchase, and generally does not by itself indicate a change in insider sentiment.