secwatch.observer — SEC 8-K summary
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Issuer:     Limoneira CO (LMNR)
CIK:        0001342423
Form:       8-K
Filed at:   2022-10-27T23:59:59+00:00
Accession:  0001104659-22-111762
Event type: leadership
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limoneira: director Sawyer resigns, Carbone appointed, CEO/CFO get retention bonuses
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- Director Robert M. Sawyer resigns effective Nov 1, 2022; no disagreement with company.
- Barbara Carbone appointed to board Nov 1; joins Audit/Finance and Risk Management committees.
- CEO Edwards eligible for 5% of asset-sale gains (capped $7.5M total); CFO Palamountain 3% (capped $4.5M).
- Bonuses paid 50% cash, 50% restricted shares vesting 1 year; aligns with asset-light strategy through 2027.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342423/000110465922111762/0001104659-22-111762-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342423/000110465922111762/tm2228916d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-22-111762

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