Limoneira grants CEO/CFO transaction bonuses up to $5.25M/$3.15M on sale at $28+/share

Limoneira CO

CEO Harold Edwards: $3.75M base bonus at $28/share, increasing to $5.25M at $40/share, plus $62,500 per $1 above $40.
CFO Mark Palamountain: $2.225M base bonus at $28/share, increasing to $3.15M at $40/share, plus $37,500 per $1 above $40.
Bonuses trigger on change-in-control: ≥80% asset sale, >50% ownership change, or board change; expires Dec 31, 2027.
If terminated without cause within 180 days of closing, NEO remains eligible for the bonus.
Transaction bonuses reduce or replace any prior Strategic Special Projects bonuses paid under 2022 retention agreements.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.