Limoneira (LMNR) director granted 6,315-share stock award
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NOLAN PETER J reported acquisition or exercise transactions in this Form 4 filing.
Limoneira Company director Peter J. Nolan received a stock award of 6,315 shares of Common Stock. The award was granted at no cash cost per share and was made under the Limoneira Company 2022 Omnibus Incentive Plan, which was approved by stockholders. Following this grant, Nolan directly owns 1,140,177 Common Stock shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
NOLAN PETER J
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock | 6,315 | $0.00 | -- |
Holdings After Transaction:
Common Stock — 1,140,177 shares (Direct)
Footnotes (1)
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FAQ
What did Limoneira (LMNR) director Peter J. Nolan report in this Form 4?
Director Peter J. Nolan reported receiving a stock award of 6,315 Limoneira Common Stock shares. The award was granted at no cash cost per share and increases his direct holdings to 1,140,177 shares, reflecting equity-based compensation rather than an open-market purchase.
Was the Limoneira (LMNR) stock award to Peter J. Nolan an open-market purchase?
No, the reported transaction was not an open-market purchase. It was a grant of 6,315 Limoneira Common Stock shares at a price of $0.00 per share, issued as a stock award under the company’s 2022 Omnibus Incentive Plan approved by stockholders.
Under what plan was the Limoneira (LMNR) stock award to Peter J. Nolan granted?
The 6,315-share stock award was granted under the Limoneira Company 2022 Omnibus Incentive Plan. This plan, approved by the company’s stockholders, provides for equity-based compensation, and the Form 4 notes that the reported shares reflect a grant pursuant to this plan.
What is the transaction code used in Peter J. Nolan’s Limoneira (LMNR) Form 4?
The Form 4 lists transaction code “A,” indicating a grant, award, or other acquisition. In this case it records a stock award of 6,315 Limoneira Common Stock shares, received as compensation under the 2022 Omnibus Incentive Plan rather than a cash-funded share purchase.