secwatch.observer — SEC 8-K summary
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Issuer:     MAUI LAND & PINEAPPLE CO INC (MLP)
CIK:        0000063330
Form:       8-K
Filed at:   2026-05-19T01:54:15+00:00
Accession:  0001437749-26-017682
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

MLP signs non-binding MOU with County of Maui to sell water infrastructure assets
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- MOU covers Honokōhau Ditch System, Puʻu Kukui Watershed (8,661 acres), four Honokōwai wells, three Honolua wells, and reservoir site.
- Purchase price to be set by formal appraisals; no estimate available yet. County Council approval required.
- County would acquire non-water assets including Mokuʻula land, Kahana roadway, and sites for police/fire stations.
- Deal would increase public stewardship of West Maui drinking water from 45% to 93%; supports housing development on MLP land.
- MOU is non-binding; definitive agreements still to be negotiated; no assurance of final transaction.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/63330/000143774926017682/0001437749-26-017682-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/63330/000143774926017682/mlp20260518_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-26-017682

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