Welcome to our dedicated page for Maui Ld & Pineap SEC filings (Ticker: MLP), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
The Maui Land & Pineapple Company, Inc. (NYSE: MLP) SEC filings page on Stock Titan provides direct access to the company’s regulatory disclosures, along with AI-assisted summaries to help interpret key information. As a landholding and operating company focused on nonresidential property management, land development, leasing, resort amenities, and water infrastructure on Maui, MLP uses its filings to detail how it manages and finances its extensive land and commercial property portfolio.
Through annual reports on Form 10-K and quarterly reports on Form 10-Q, MLP presents segment-level information for land development and sales, leasing operations, and resort amenities and other activities. These filings explain revenue sources such as leasing of restaurants, retail outlets, office buildings, warehouses, resort properties, and croplands, as well as land development revenues from projects like the Honokeana Homes Relief Housing Project with the State of Hawai‘i and sales of non-strategic parcels. They also describe non-GAAP metrics, including Adjusted EBITDA and Cash and Investments Convertible to Cash, and reconcile them to GAAP measures.
Current reports on Form 8-K capture material events and agreements. Recent 8-Ks include disclosures about a Third Amended and Restated Credit Agreement with First Hawaiian Bank that expanded MLP’s revolving credit facility to $25 million and extended its maturity, secured by three premier commercial properties in Kapalua Resort totaling approximately 30,000 square feet of leased space. Other 8-Ks furnish press releases about strategic evaluations of water source and transmission assets, quarterly results, and significant purchase and sale agreements for land within Kapalua.
On this page, AI tools highlight important elements in lengthy filings—such as changes in debt arrangements, segment performance, non-cash pension and stock-based compensation impacts, and liquidity measures—so readers can quickly understand what is driving MLP’s reported results. Users can also review insider and executive-related filings, such as Form 4 reports when available, to track equity transactions by company insiders. Real-time updates from EDGAR ensure that new 10-K, 10-Q, 8-K, and other SEC documents for MLP are reflected promptly, while AI-generated explanations help make technical disclosures about land, leasing, resort amenities, and water infrastructure more accessible.
MAUI LAND & PINEAPPLE CO INC CFO reports routine tax withholding. CFO Wade K. Kodama had 640 shares of Common Stock withheld on a Form 4 transaction coded “F,” meaning shares were delivered to cover tax obligations rather than sold in the open market. After this non-market disposition, he directly holds 36,131 shares.
Maui Land & Pineapple Co. CEO Randle Race reported a tax-related share disposition. On this Form 4, 2,990 shares of common stock were withheld to cover tax obligations, rather than sold on the open market. After this non-cash transaction, he directly holds 84,821 shares.
Maui Land & Pineapple Company, Inc. filed a Notification of Late Filing (Form 12b-25) stating it cannot timely file its Annual Report on Form 10-K for the fiscal year ended December 31, 2025. The original due date was March 31, 2026. The company attributes the delay to obtaining and compiling required information and expects to file the Annual Report "no later than the fifteenth calendar day following the prescribed due date." The notification is signed by the CFO on March 31, 2026.
Maui Land & Pineapple Company, Inc. reported strong fiscal 2025 results with total operating revenues of $19,457 thousand, up 68% from 2024. Growth was driven by land development and sales revenue of $5,811 thousand and leasing revenue of $12,799 thousand, aided by 15 new leases and broader asset management efforts.
Adjusted EBITDA rose to $1,766 thousand, a 146% increase from 2024, marking a second year of improvement. The company still posted a net loss of $10,579 thousand, or $0.54 per share, largely due to $6,600 thousand of pension and post-retirement expense related to funding and annuitizing its qualified pension plan.
Cash and investments convertible to cash totaled $5,295 thousand at year-end, down from $9,522 thousand a year earlier. The company highlighted targeted non-strategic land sales totaling $2,435 thousand and launched a 38-acre blue weber agave agricultural venture, while planning to resolve remaining pension obligations in late 2026 at an estimated $1,600 thousand.
Maui Land & Pineapple Company, Inc. reports full-year 2025 results showing continued land development progress and higher leasing activity while posting a larger net loss driven mainly by a pension plan settlement.
Operating revenues rose to $19.5 million from $11.6 million, led by leasing revenue of $12.8 million (about 66% of total) and land development and sales revenue of $5.8 million, including non-strategic parcel sales and Honokeana Homes project work. The company recorded a net loss of $10.6 million, or $0.54 per share, largely due to a one-time $6.6 million defined benefit pension settlement.
The company controls approximately 22,286 acres of land and 247,328 square feet of commercial space on Maui, with commercial real estate 92% leased at year-end 2025. It expanded its revolving credit facility to $25 million, with $4 million drawn and cash of $5.3 million, and is advancing multiple long-term Kapalua and Upcountry development projects while increasing leasing to support recurring cash flow.
Maui Land & Pineapple Co. Inc. CFO Wade K. Kodama reported a routine tax-related share disposition. On July 8, 2025, 618 shares of common stock were withheld to cover a tax liability, rather than sold on the open market. After this adjustment and a correction noted in the footnote, Kodama’s directly held common stock position stands at 26,895 shares. This Form 4/A is an amendment that updates the cumulative share balance, rather than indicating a new investment decision or discretionary trading activity.
MAUI LAND & PINEAPPLE CO INC director and 10% owner Stephen M. Case reported additional open-market purchases of company stock through his revocable trust. On August 21 and 22, 2025, the Stephen M. Case Revocable Trust bought 2,500 shares each day of common stock at weighted average prices of $16.15 and $16.52 per share, respectively. Case serves as sole trustee and has sole voting and disposition power over the shares held by the trust. Following these transactions, indirect holdings reported for the trust total 11,931,445 shares of common stock, while direct holdings reported in Case’s own name are 67,427 shares.
Aeppel Glyn reported acquisition or exercise transactions in this Form 4 filing.
Maui Land & Pineapple Company director Glyn Aeppel received a stock grant of 5,804 common shares as director compensation for 2026. The award was granted at no cash cost under the company’s 2017 Equity and Incentive Award Plan and is structured as restricted stock.
The shares vest in four equal installments of 1,451 shares on March 31, June 30, September 30, and December 31, 2026, as long as Aeppel remains a director on each vesting date. Following this grant, Aeppel directly holds 22,963 common shares.
MAUI LAND & PINEAPPLE CO INC CFO Wade K. Kodama reported equity compensation and related tax withholding in company stock. On March 3, 2026, he received two grant or award acquisitions of 7,344 shares each of common stock and had 3,499 shares disposed in a tax-withholding transaction.
According to the equity plan terms, these long-term incentive shares for fiscal 2025 vest net of tax shares, with 612 shares scheduled to vest on the last business day of each calendar quarter from March 31, 2026 through December 31, 2028, contingent on his continued service as CFO on each vesting date.
Takitani Anthony P. reported acquisition or exercise transactions in this Form 4 filing.
MAUI LAND & PINEAPPLE CO INC director Anthony P. Takitani reported receiving a grant of 5,188 shares of common stock as director compensation under the Company’s 2017 Equity and Incentive Award Plan. The award covers the period from January 1, 2026 to December 31, 2026 and was granted at a stated price of $0 per share.
According to the filing, 1,297 shares are scheduled to vest on each of March 31, 2026, June 30, 2026, September 30, 2026, and December 31, 2026, provided he remains a director on each vesting date. Following this award, his directly held common stock position increased to 62,896 shares.