SEC Filing Analysis: ALICO, INC. (ALCO)

Executive Summary

• Trading Significance: Low
• Key Takeaway: Director Katherine English received an award of 523 common shares at zero cost as routine board equity compensation.
• Market Impact: Neutral; immaterial volume and dilution impact.

Company Information

Field	Value
Company	ALICO, INC.
Ticker Symbol	ALCO
CIK	0000003545
Industry	Lessors of Real Property, NEC

Insider Information

Field	Value
Name	English Katherine
CIK	0001820338
Title/Position	Director
Relationship	Director

Transaction Details

Field	Value
Form Type	4
Transaction Date	2026-10-01
Transaction Code	A (Award/Grant)
Security Type	Alico, Inc., Common Stock, Par Value $1.00
Shares Involved	523
Price Per Share	$0.00
Total Value	$0.00
Shares Owned After	15,905
Ownership Type	Direct

Financial Impact Assessment

Transaction Materiality

Metric	Value
Transaction Value	$0.00
% of Market Cap	0.00%
Shares Transacted	523
% of Shares Outstanding	0.007%
Post-Transaction Ownership	15,905 shares (0.214% of outstanding)
Materiality Assessment	Low

Impact Evaluation

• Market Cap Context: Against a market capitalization of $280 million, this 523-share grant represents an immaterial transaction size.
• Ownership Concentration: Katherine English holds 15,905 direct shares post-transaction, representing approximately 0.21% of the 7.42 million total shares outstanding.
• Dilution Impact: Dilution is negligible at 0.007% of outstanding equity.
• Transaction Significance: Routine director compensation issued under the company's Amended and Restated Stock Incentive Plan of 2015.

Market Impact Analysis

• Direction: Neutral
• Reasoning: Standard board equity award with zero open-market cash deployment.
• Expected Volume Impact: None.
• Sentiment Indicator: Neutral

Additional Context

• Timing: Effective October 1, 2026, corresponding with the beginning of the fiscal period.
• Special Circumstances: Issued pursuant to the Amended and Restated Stock Incentive Plan of 2015.