{"schema_version":"secwatch.filing_event.v1","accession":"0001545654-23-000041","form_type":"8-K","ticker":null,"cik":"0001545654","company_name":"Alexander & Baldwin, Inc.","filed_at":"2023-11-15T23:59:59+00:00","discovered_at":"2026-05-14T18:03:29.472140+00:00","generated_at":"2026-06-08T02:23:05.191098+00:00","sec_items":["2.01","7.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"A&B completes $60M sale of Grace Pacific to Nan, Inc.; exits materials & construction business","bullets":["Sold Grace Pacific and AB Maui Quarries for $57.5M ($42.5M cash + $15M promissory note).","Also sold Grace Pacific's 50% stake in Maui Paving for $2.5M; combined consideration $60M.","A&B released from all surety indemnity obligations related to Grace Pacific's construction bonds.","Estimated loss on disposition of ~$9.5M, reflecting the Grace Disposal Group's carrying value.","Sale marks completion of simplification strategy; A&B now focused solely on Hawaii commercial real estate."],"urls":{"canonical":"https://secwatch.observer/filing/0001545654-23-000041","json":"https://secwatch.observer/filing/0001545654-23-000041.json","markdown":"https://secwatch.observer/filing/0001545654-23-000041.md","text":"https://secwatch.observer/filing/0001545654-23-000041.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1545654/000154565423000041/0001545654-23-000041-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1545654/000154565423000041/alex-20231115.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-08T02:23:05.191098+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9ab30fecdba696d0f9659211e248a673549b69bb","claim":"Alexander & Baldwin, Inc. completed a disposition involving Nan, Inc. for $57.5 million (closed 2023-11-15).","evidence_excerpt":"On November 15, 2023, the Company sold the Grace Disposal Group to Nan, Inc., an unrelated third party, for total consideration of $57.5 million (the \"Transaction\"), which consisted of cash proceeds of $42.5 million and a $15.0 million promissory note (the \"Seller Note\").","evidence_source":"SEC 8-K Item 2.01/5.01","evidence_url":"https://www.sec.gov/Archives/edgar/data/1545654/000154565423000041/0001545654-23-000041-index.htm","confidence":0.9,"family_label":"M&A Transactions","details":[{"label":"Action","value":"disposition"},{"label":"Counterparty","value":"Nan, Inc."},{"label":"Consideration","value":"$57.5 million"},{"label":"Closing","value":"2023-11-15"}],"fact_type":"ma_transaction"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}