---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-002819"
form_type: "8-K"
ticker: "MLP"
cik: "0000063330"
company_name: "MAUI LAND & PINEAPPLE CO INC"
filed_at: "2026-02-03T23:59:59+00:00"
generated_at: "2026-05-16T05:27:48.611688+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.35
calibrated_materiality_score: 0.35
confidence: "high"
source: SEC EDGAR
---

# Maui Land & Pineapple sells 30-acre parcel to CEO Race Randle for $1.2M

## Summary
- Sale to CEO of 30-acre unimproved land in Lahaina, Hawaii for $1.2M; price exceeds FMV per independent appraisal.
- $50k initial deposit, additional $50k after 90-day due diligence; deposit refundable if buyer backs out during diligence.
- Transaction includes value true-up at 5th year, long-term occupancy requirement, and shared appreciation on early sale.
- Board approved appraisal confirming purchase price above current fair market value as of effective date.

## SEC filing metadata
- accession: 0001437749-26-002819
- form_type: 8-K
- ticker: MLP
- cik: 0000063330
- company_name: MAUI LAND & PINEAPPLE CO INC
- filed_at: 2026-02-03T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.35
- calibrated_materiality_score: 0.35
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63330/000143774926002819/0001437749-26-002819-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63330/000143774926002819/mlp20260203_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-002819
- JSON: https://secwatch.observer/filing/0001437749-26-002819.json
- Plain text: https://secwatch.observer/filing/0001437749-26-002819.txt

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