{"schema_version":"secwatch.filing_event.v1","accession":"0000003545-25-000014","form_type":"8-K","ticker":"ALCO","cik":"0000003545","company_name":"ALICO, INC.","filed_at":"2025-01-06T23:59:59+00:00","discovered_at":"2026-05-14T18:03:05.982783+00:00","generated_at":"2026-05-28T11:42:30.240406+00:00","sec_items":["1.01","2.05"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Alico to cut up to 172 jobs, wind down citrus division due to greening disease","bullets":["Up to 172 employees to be laid off (135 on Jan 6, 37 on Apr 1); estimated severance charges of $1.5-2.0M in Q2/Q3 2025.","Board determined certain citrus acreage is not economically viable; seeks Tropicana consent to remove it from Orange Purchase Agreement after 2024/2025 crop year.","Company to wind down Alico Citrus division, shift focus to diversified land usage and real estate development due to citrus greening disease."],"urls":{"canonical":"https://secwatch.observer/filing/0000003545-25-000014","json":"https://secwatch.observer/filing/0000003545-25-000014.json","markdown":"https://secwatch.observer/filing/0000003545-25-000014.md","text":"https://secwatch.observer/filing/0000003545-25-000014.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/3545/000000354525000014/0000003545-25-000014-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/3545/000000354525000014/alco-20250103.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-28T11:42:30.240406+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"4b65b2e188019b52dc59ec561eb8667875764ffe","claim":"ALICO, INC. announced a restructuring with charges of approximately $1.5 to $2.0 million affecting Alico Citrus division (up to 172 employees).","evidence_excerpt":"financial challenges from citrus greening disease and environmental factors for many seasons. The Company currently estimates that it will incur charges of approximately $1.5 to $2.0 million in connection with the Workforce Reduction, primarily consisting of severance payments, employee benefits and related costs. The Company expects that the majority","evidence_source":"SEC 8-K Item 2.05/2.06","evidence_url":"https://www.sec.gov/Archives/edgar/data/3545/000000354525000014/0000003545-25-000014-index.htm","confidence":0.9,"family_label":"Restructurings & Charges","details":[{"label":"Type","value":"restructuring"},{"label":"Charge","value":"approximately $1.5 to $2.0 million"},{"label":"Affected area","value":"Alico Citrus division"},{"label":"Headcount","value":"up to 172 employees"}],"fact_type":"restructuring_charge"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}