---
schema_version: "secwatch.filing_event.v1"
accession: "0001079973-26-000302"
form_type: "8-K"
ticker: "KANP"
cik: "0001230058"
company_name: "KAANAPALI LAND LLC"
filed_at: "2026-03-13T23:59:59+00:00"
generated_at: "2026-05-15T12:22:53.138669+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# Kaanapali Land completes sale of 21 acres in Lahaina for $19.9M

## Summary
- Sale closed March 10, 2026; Seller received $19,900,000 cash for ~21 acres in Lahaina, Hawaii.
- Buyer is Pioneer Mill Site LLC; Seller is wholly-owned subsidiary Pioneer Mill Company, LLC.
- Pro forma gain on sale of $10,300,000 (if transaction occurred Jan 1, 2024); cash increases ~$19.9M.
- Pro forma decrease in license fee sales of ~$123K (2024) and ~$160K (9 mos 2025); SG&A reduction ~$53K and ~$44K.

## SEC filing metadata
- accession: 0001079973-26-000302
- form_type: 8-K
- ticker: KANP
- cik: 0001230058
- company_name: KAANAPALI LAND LLC
- filed_at: 2026-03-13T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1230058/000107997326000302/0001079973-26-000302-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1230058/000107997326000302/kaana8k20260310-1.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001079973-26-000302
- JSON: https://secwatch.observer/filing/0001079973-26-000302.json
- Plain text: https://secwatch.observer/filing/0001079973-26-000302.txt

## Source-grounded claims
- claim_id: c6b155b4f8f608d55427ce16e29d18c8f874463d
  claim: KAANAPALI LAND LLC completed a disposition involving Pioneer Mill Site LLC for $19,900,000 in cash (closed 2026-03-10).
  evidence_excerpt: Purchase Agreement, dated as of June 13, 2024 (the “PMC Sales Agreement” ). At the closing of the transactions contemplated by the PMC Sales Agreement, the Seller received $19,900,000 in cash from Buyer for the sale of the Property (subject to adjustment for closing costs, escrow agent fees, and applicable prorated items pursuant to the PMC Sales Agreement).
  evidence_url: https://www.sec.gov/Archives/edgar/data/1230058/000107997326000302/0001079973-26-000302-index.htm

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