---
schema_version: "secwatch.filing_event.v1"
accession: "0000003545-25-000097"
form_type: "8-K"
ticker: "ALCO"
cik: "0000003545"
company_name: "ALICO, INC."
filed_at: "2025-07-18T23:59:59+00:00"
generated_at: "2026-05-18T05:52:15.619283+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Alico Citrus President Danny Sutton resigns; EVP Hutchcraft gets extension and $1M PSU

## Summary
- Danny Sutton resigns as President of Alico Citrus, effective August 1, 2025.
- Mitch Hutchcraft's employment extended through Sep 30, 2030; base salary increased $25K to $360K from FY2026.
- Hutchcraft eligible for annual discretionary cash bonus up to $40K and real estate incentive bonuses (at least 75% cash, up to 25% RSUs).
- Hutchcraft gets $1M performance-based RSU award tied to completing East Corkscrew Grove Villages permits by Sep 30, 2035.

## SEC filing metadata
- accession: 0000003545-25-000097
- form_type: 8-K
- ticker: ALCO
- cik: 0000003545
- company_name: ALICO, INC.
- filed_at: 2025-07-18T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 5.02
- EDGAR index: https://www.sec.gov/Archives/edgar/data/3545/000000354525000097/0000003545-25-000097-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/3545/000000354525000097/alco-20250714.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000003545-25-000097
- JSON: https://secwatch.observer/filing/0000003545-25-000097.json
- Plain text: https://secwatch.observer/filing/0000003545-25-000097.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.