Maui Land & Pineapple (MLP) executive compensation, 2026 proxy

Race A. Randle, Chief Executive Officer (Principal Executive Officer), was paid $1.4M in 2025, down 53% from $2.9M the year before.

Filed
April 9, 2026
Annual meeting
May 27, 2026
Pay year
2025
Named executives
2
CEO total pay
$1.4M-53% vs prior year
CEO Base Salary
$551,250Annual base salary for 2025
CEO Stock Awards
$826,876Combined annual and long-term stock awards
CFO Total Compensation
$494,688Total compensation for Wade K. Kodama

How Randle was paid

$1.4M in total for 2025, as reported in the Summary Compensation Table. Equity awards are valued at grant, not at what they turned out to be worth.

Named executive officers

ExecutiveTotal
Race A. RandleChief Executive Officer (Principal Executive Officer)$1,378,306
Wade K. KodamaChief Financial Officer (Principal Financial Officer)$494,688

What changed and why

  • $1.4MChief executive officer total compensation decreased to $1,378,306 in fiscal year 2025 from $2,933,180 in fiscal year 2024.
  • Beginning in 2025, the compensation committee eliminated the use of options and replaced them with restricted stock.
  • Equity awards granted in 2025 were based on 2024 performance achievements meeting maximum percentages except adjusted EBITDA.
  • Annual incentive awards are payable in common stock and are not subject to vesting.

About this page

Figures are automated and can be wrong; check the filing for the exact numbers. Totals follow SEC rules, which value stock and option awards at grant. Read the DEF 14A proxy statement for footnotes and the compensation committee's full reasoning.