Alico extends CEO Kiernan's term to Sept 2027 with $525k salary and performance-based PSUs tied to stock price targets

ALICO, INC.

CEO John Kiernan's employment extended through September 30, 2027; annual base salary set at $525,000.
Long-term return of capital bonus for prior period (Oct 2021-Sept 2024) to be paid in full on Jan 1, 2025, subject to continued employment.
Eligibility for annual discretionary bonus of $100,000 and transaction bonus upon Change in Control before Sept 30, 2027.
Up to 38,000 performance-based RSUs; vest at avg 30-day price targets of $35, $40, $45 per share before Sept 2027.
Also eligible for a real estate commission bonus for fiscal year 2025 per specific performance metrics.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.