Monitor for any future real estate milestone achievements or change-in-control events that could trigger severance or PSU vesting; otherwise no immediate trading catalyst from this filing.
Price Chart
Executive Summary
Alico, Inc. entered into a third amended and restated employment agreement with CEO John Kiernan, extending his term through September 30, 2030, with escalating base salary ($550K to $650K), enhanced change-in-control severance (200% of salary), and a performance-based restricted stock unit grant of up to 160,000 shares tied to VWAP targets ($40–$110). This is a routine retention and compensation alignment filing with no immediate financial impact.
Key Facts
- CEO John Kiernan's employment term extended through September 30, 2030
- Base salary starts at $550,000 for year 1, increasing by $25,000 annually to $650,000 by year 5
- Enhanced severance: 200% of base salary payable over 24 months upon termination without cause or for good reason after a change in control
- Annual discretionary performance bonus up to $250,000 plus real estate incentive bonuses (≥75% cash, up to 25% in RSUs)
- Up to 160,000 PSUs granted with 60-day VWAP targets ranging from $40 to $110 per share, vesting over time through 2030
Financial Impact
No material financial impact from this filing; compensation structure is routine and within market norms for a $305M market cap company.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 4 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000003545-26-000036 |
| Document: 0000003545-26-000036-index-headers.html | 0000003545-26-000036 |
| Document: 0000003545-26-000036-index.html | 0000003545-26-000036 |
| Document: 0000003545-26-000036.txt | 0000003545-26-000036 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 10, 2026 11w ago | 8-K | $41.40 $39.87 | ▼ −3.70% | ▼ −2.64% | $37.37 (−9.73%) |
Aug 10, 2026 11w ago | Press Release | $41.40 $39.87 | ▼ −3.70% | ▼ −2.64% | $37.37 (−9.73%) |
Jul 17, 2026 14w ago | 8-K | $40.24 $39.07 | ▼ −2.91% | ▼ −7.03% | $37.37 (−7.13%) |
Jun 15, 2026 19w ago | 8-K | $40.20 $40.95 | ▲ +1.87% | ▲ +1.67% | $37.37 (−7.04%) |
Apr 27, 2026 26w ago | Press Release | $41.92 $41.21 | ▼ −1.69% | ▼ −7.16% | $37.37 (−10.85%) |
US Market Status
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