secwatch.observer — SEC 8-K summary
======================================

Issuer:     KAANAPALI LAND LLC (KANP)
CIK:        0001230058
Form:       8-K
Filed at:   2026-03-13T23:59:59+00:00
Accession:  0001079973-26-000302
Event type: other_material
Sentiment:  positive
Materiality: 0.60
Item codes: 2.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

- 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.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1230058/000107997326000302/0001079973-26-000302-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1230058/000107997326000302/kaana8k20260310-1.htm
  HTML page:      https://secwatch.observer/filing/0001079973-26-000302

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer