secwatch.observer — SEC 8-K summary
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Issuer:     Limoneira CO (LMNR)
CIK:        0001342423
Form:       8-K
Filed at:   2026-02-05T23:59:59+00:00
Accession:  0001104659-26-010937
Event type: other_material
Sentiment:  neutral
Materiality: 0.55
Item codes: 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Limoneira enters Transaction Incentive Agreements with CEO Edwards and incoming CFO Hamm
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- Edwards eligible for 5% of profits from asset sales/development, capped at $2M/yr, $5M total.
- Hamm eligible for 3% of profits, capped at $1.2M/yr, $3M total.
- Bonuses paid 50% cash, 50% restricted shares vesting 1 year from payment date.
- Hamm's agreement contingent on his appointment as CFO by Feb 8, 2026; otherwise void.
- Agreements run through Oct 31, 2031 to incentivize asset-light transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1342423/000110465926010937/0001104659-26-010937-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1342423/000110465926010937/tm265385d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-26-010937

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