{"schema_version":"secwatch.filing_event.v1","accession":"0000003545-26-000036","form_type":"8-K","ticker":"ALCO","cik":"0000003545","company_name":"ALICO, INC.","filed_at":"2026-07-17T21:00:15+00:00","discovered_at":"2026-07-17T21:02:00.272051+00:00","generated_at":"2026-07-17T21:02:18.405953+00:00","sec_items":["5.02"],"event_type":"other_material","sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"confidence":"high","headline":"Alico enters amended employment agreement with CEO John Kiernan through 2030; grants PSUs up to 160,000 shares","bullets":["CEO John Kiernan's employment term extended to September 30, 2030; base salary starts at $550k, increases to $650k over five years.","Enhanced severance: 200% of base salary payable over 24 months upon termination without cause or for good reason after change in control.","New bonus structure: annual discretionary bonus up to $250k plus real estate incentive bonuses (at least 75% cash, up to 25% in PSUs).","Granted up to 160,000 performance-based RSUs with 60-day VWAP targets from $40 to $110 per share; vesting over five years from Oct 1, 2025.","Change in control provisions: PSUs deemed earned based on per-share value; unvested earned PSUs accelerate on certain terminations."],"urls":{"canonical":"https://secwatch.observer/filing/0000003545-26-000036","json":"https://secwatch.observer/filing/0000003545-26-000036.json","markdown":"https://secwatch.observer/filing/0000003545-26-000036.md","text":"https://secwatch.observer/filing/0000003545-26-000036.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/3545/000000354526000036/0000003545-26-000036-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/3545/000000354526000036/alco-20260714.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-07-17T21:02:18.405953+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":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}