---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-26-019176"
form_type: "8-K"
ticker: "MLP"
cik: "0000063330"
company_name: "MAUI LAND & PINEAPPLE CO INC"
filed_at: "2026-06-02T20:36:03+00:00"
generated_at: "2026-06-02T20:37:15.192333+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# MLP enters definitive agreement to sell Kapalua property for $10M base plus up to $1.14M/acre

## Summary
- Sale of 8.783 acres (Lot 2-D) for $10M, plus up to 3.5 acres at $1,138,565/acre.
- Buyer is DC Kapalua 1 Property, LLC; 90-day due diligence period, then buyer must seek governmental approvals.
- Agreement includes trademark license, master lease of retail space, and amenities for Kapalua Club members.
- If required approvals not secured, either party may terminate; earnest money becomes nonrefundable over time.
- Closing contingent on buyer acceptance and securing approvals; no definitive close date.

## SEC filing metadata
- accession: 0001437749-26-019176
- form_type: 8-K
- ticker: MLP
- cik: 0000063330
- company_name: MAUI LAND & PINEAPPLE CO INC
- filed_at: 2026-06-02T20:36:03+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/63330/000143774926019176/0001437749-26-019176-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/63330/000143774926019176/mlp20260602_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-26-019176
- JSON: https://secwatch.observer/filing/0001437749-26-019176.json
- Plain text: https://secwatch.observer/filing/0001437749-26-019176.txt

## Source-grounded claims
- claim_id: 0ddb430f660013e1f4814952aef3a6ddec535b98
  claim: MAUI LAND & PINEAPPLE CO INC entered into Purchase and Sale Agreement and Escrow Instructions with DC Kapalua 1 Property, LLC valued at $10,000,000 for Lot 2-D, plus an additional cost of $1,138,565 per acre of the Additional Land (effective 2026-05-27).
  evidence_excerpt: On May 27, 2026, Maui Land & Pineapple Company, Inc., a Delaware corporation (the “Company”), entered into a Purchase and Sale Agreement and Escrow Instructions (the “Purchase Agreement”) with DC Kapalua 1 Property, LLC, a Delaware corporation, (the “Buyer”), pursuant to which the Company agrees to sell to the Buyer certain real property (the “Property”) located in Kapalua, Maui, Hawaii, consisting of (i) 8.783 acres of land (“Lot 2-D”), and (ii) up to 3.5 acres of an adjacent land parcel (the “Additional Land”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/63330/000143774926019176/0001437749-26-019176-index.htm

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