Randle Race A. 4

What Happened Randle Race, CEO of Maui Land & Pineapple Co. (MLP), had 2,990 shares withheld on 2026-04-07 to satisfy a tax liability related to equity compensation. The filing lists the shares as "disposed" at $0.00 per share (total reported value $0), which is consistent with shares surrendered for tax withholding rather than an open-market sale.

Key Details

• Transaction date: 2026-04-07. Reported transaction code: F (payment of exercise price or tax liability).
• Shares withheld/disposed: 2,990 shares at $0.00 per share; total reported value $0.
• Shares owned after transaction: not specified in the provided filing excerpt.
• Footnote: Code F indicates shares were used to pay taxes (withheld), commonly following option exercise or restricted stock vesting.
• Timeliness: filing does not indicate a late report.

Context Tax-withholding transactions are administrative (to cover tax obligations on equity awards) and are not the same as an open-market sale or purchase; they generally do not signal a change in the insider's view on the company. Purchases by insiders tend to be more informative about sentiment than routine withholdings.