ALICO Director SLACK HENRY R Sells 24789 Shares at $32.83 on 2025-08-15.

Alico, Inc. (ALCO) has announced that director Henry R. Slack has sold 24,789 shares at a price of $32.83 per share on August 15, 2025.

Title: ALICO, Inc. Director Henry R. Slack Sells 24,789 Shares

Alico, Inc. (ALCO) has announced that director Henry R. Slack sold 24,789 shares of the company's common stock on August 15, 2025, at an average price of $32.83 per share. The total sale amounted to $813,778.

Following the transaction, Slack directly owns 41,649 shares and indirectly owns 1,820 shares through the Montac Trust. The shares were sold in multiple transactions with prices ranging from $32.18 to $33.085 [1].

Henry R. Slack, a Director at ALICO, reported the sale in a SEC Form 4 filing. The filing indicates that the sale was part of a larger transaction that included multiple sales at varying prices [2]. The transaction was executed on August 15, 2025, and the average sale price was $32.8282 per share [1].

The sale comes at a critical time for ALICO, which is undergoing a significant transformation from a citrus-focused company to a diversified land management entity. The company's strategic shift includes redirecting financial and operational resources towards land development, conservation projects, and alternative agricultural uses. Land sales for fiscal year 2025 are already ahead of target, exceeding original guidance by $3.5 million [3].

ALICO's third quarter 2025 earnings call highlighted the progress in executing this transformation. The company's President and CEO, John E. Kiernan, noted the successful completion of the final major citrus harvest, which marks a pivotal milestone in the transition [4].

Investors should keep an eye on the company's future land sales and the potential for additional revenue streams. The company's EBITDA guidance for fiscal 2025 remains at $20 million, and the stock has an upside potential of 7% based on a discounted cash flow (DCF) analysis that incorporates future land sales [3].

References:
[1] https://www.tradingview.com/news/tradingview:c21c3a253b430:0-alico-director-henry-r-slack-sells-shares/
[2] https://www.stocktitan.net/sec-filings/ALCO/form-4-alico-inc-insider-trading-activity-9af569c5b2fc.html
[3] https://finance.yahoo.com/news/alico-land-sales-beat-target-135515732.html
[4] https://seekingalpha.com/article/4813117-alico-inc-alco-q3-2025-earnings-call-transcript