Alexander & Baldwin, Inc., classified in the Real Estate sector, is a listed company based in Honolulu, founded in 1869. Its insiders report their share dealings to SEC (Form 4). In the past year (18 October 2025 to 18 October 2026), 22 filings came from 11 insiders.
The flow runs one way only: 2 sales worth €22k, from 1 insider, and no purchase. Biggest ticket of the year: €13k, sold by Ching Meredith J and made public on 10 December 2025.
Compared with its exchange (5,816 companies, median 19 filings), a count of 22 filings is above the norm. Looking back to 2016, when coverage begins, insiders filed no purchases and 14 sales. In its latest annual report filed with the SEC (10-K, fiscal year ended 31 December 2025), the company reported revenue of 206.7 m USD and net income of 64.7 m USD, with a dividend of 1.02 USD per share.
Filings reach the SEC (Form 4) feed a median of 3 days after the trade. For comparison, the SEC allows two business days to file a Form 4. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives.
In the same sector, recent insider purchases at Agree Realty Corp and Simon Property Group Inc /DE/ also feature in our signals. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
FY ended December 2025 · cache
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Alexander & Baldwin, Inc. (ALEX) is a U.S.-based company listed on the NYSE in the United States. It operates as a real estate investment trust (REIT) and is focused on commercial real estate in Hawai‘i. The company’s roots date back to 1870, when it began as a 571-acre sugar plantation on Maui. Over time, it evolved from a diversified operating company into a Hawai‘i-focused property owner and operator, with management emphasizing local market expertise and long-standing community relationships as key competitive advantages.
A&B’s business is centered on two reporting segments: Commercial Real Estate (CRE) and Land Operations. CRE is the core earnings engine and includes grocery-anchored neighborhood shopping centers, industrial properties, office assets, and commercial land subject to urban ground leases. The company has described itself as the owner of the largest grocery-anchored neighborhood shopping center portfolio in Hawai‘i, which is strategically important because necessity-based retail tends to be more resilient than discretionary retail. Its portfolio is geographically concentrated entirely in Hawai‘i, making the company a specialized local platform rather than a broad mainland REIT.
From a competitive standpoint, Alexander & Baldwin benefits from scarcity value. Hawai‘i is a constrained market with limited developable land, high barriers to entry, and a tenant base that often values established locations with strong community traffic patterns. This supports the company’s positioning in daily-needs retail and selective industrial assets. At the same time, the concentration in one geography means A&B is exposed to island-specific economic conditions, including tourism flows, consumer spending trends, and local employment dynamics. For investors, that creates a profile that is more niche and regionally defensive than most U.S. REITs.
The company has a long history of strategic transformation. After decades as a multi-industry enterprise, it narrowed its focus to Hawai‘i commercial real estate, seeking to unlock value through specialization and disciplined capital allocation. Recent SEC filings confirm that as of late 2024 its commercial real estate portfolio remained entirely in Hawai‘i and consisted of a mix of retail, industrial, and office assets plus commercial land. In October 2024, the company also announced an amendment to its revolving credit facility, a meaningful balance-sheet event for a REIT because liquidity and financing flexibility are central to portfolio management.
Overall, Alexander & Baldwin is best understood as a Hawai‘i-centric commercial REIT with a strong local brand, necessity-based retail exposure, and a conservative, relationship-driven operating model. Its NYSE listing in the United States gives investors access to a distinctive real estate platform whose prospects are tied less to national growth and more to the durability of its island-based asset base and tenant demand.
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All recommendationsHeadquarters: Honolulu · Founded: 1869 · Wikipedia article
Source: Wikidata (CC0).
| Fiscal year end | Revenue | Net income | Diluted EPS | Dividend per share | Filing |
|---|---|---|---|---|---|
| Dec 2025 | 206.7 m USD | 64.7 m USD | 0.89 USD | 1.02 USD | 10-K |
| Dec 2024 | 236.6 m USD | 60.5 m USD | 0.83 USD | 0.89 USD | 10-K |
| Dec 2023 | 208.8 m USD | 29.8 m USD | 0.41 USD | 0.88 USD | 10-K |
| Dec 2022 | 230.6 m USD | -50.7 m USD | -0.70 USD | 0.83 USD | 10-K |
| Dec 2021 | 254.0 m USD | 35.4 m USD | 0.48 USD | 0.67 USD | 10-K |
Amounts in USD, as filed (forms 10-K, 20-F or 40-F). Source: SEC EDGAR.