Alico's highest-paid named officer for fiscal year 2025, Chief Financial and Accounting Officer Bradley Heine, was paid $380,668 (SEC filing 0000003545-26-000004 ↗): executive and director compensation, incentive-plan design, equity activity, and governance — every figure in this brief is traceable to its exact location in the company’s SEC filing — the document, the section, the page, and the table, linked directly.
$380,668 Bradley Heine total, FY2025 | — CEO pay percentile vs peers | 17:1 CEO-to-median pay ratio | 85.62% Say-on-pay support, latest vote |
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ALCO's next annual pay disclosure, estimated January 13, 2027.est. Filing ↗
| Named executive officer | Salary | Bonus | Stock awards | Option awards | Non-equity incentive | Pension / NQDC | All other | Total |
|---|---|---|---|---|---|---|---|---|
| Bradley Heine | $275,000 | $90,000 | $0 | $0 | $0 | $0 | $15,668 | $380,668 |
| Chief Financial and Accounting Officer | ||||||||
A dash means the company reported no figure in that column; 0 means it reported zero. Figures are as printed in the filing, without adjustment.
| Named executive officer | FY2025 total | FY2024 total | FY2023 total | Δ FY2024→2025 |
|---|---|---|---|---|
| Bradley Heine | $380,668 | — | — | — |
Prior-year totals as disclosed in the corresponding proxy; deltas are computed values with the derivation shown in the register.
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Each company listed discloses ALCO in its own benchmarking peer group, as disclosed in each company's most recent proxy statement within the last two proxy seasons. Two companies are therefore absent by design: one that named ALCO in an earlier year and no longer does, and one whose own most recent disclosure is older than the last two seasons.
One page per director: the seat, the committees and the fee table, read for one person at a time.
| Director | Role | FY2025 total |
|---|---|---|
| Adam H. Putnam | Chair of the Board | $102,500 |
| Benjamin D. Fishman | Independent Director | $75,000 |
| Eric Speron | Independent Director | — |
| George R. Brokaw | Independent Director | $77,500 |
| Henry R. Slack | Independent Director | $77,500 |
| John E. Kiernan | Director | — |
| Katherine R. English | Independent Director | $80,000 |
| Toby K. Purse | Independent Director | $82,500 |
| W. Andrew Krusen, Jr | Independent Director | $80,000 |
Every insider equity transaction reported on Form 4 after the 2025 proxy statement — acquisitions, dispositions, exercises, and withholdings — and therefore not reflected in any table in that document.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Adam H. Putnam | Director | 2026-04-01 | A | 789 | $41 | $32,515 | Common | Form 4 ↗ |
| Katherine R. English | Director | 2026-04-01 | A | 486 | 41 | 20,028 | Common | Form 4 ↗ |
| Eric Speron | Director | 2026-04-01 | A | 607 | 41 | 25,014 | Common | Form 4 ↗ |
| Toby K. Purse | Director | 2026-04-01 | A | 516 | 41 | 21,264 | Common | Form 4 ↗ |
| Katherine R. English | Director | 2026-07-01 | A | 483 | 0 | 0 | Common | Form 4 ↗ |
| Adam H. Putnam | Director | 2026-07-01 | A | 785 | 0 | 0 | Common | Form 4 ↗ |
| Eric Speron | Director | 2026-07-01 | A | 453 | 0 | 0 | Common | Form 4 ↗ |
| Toby K. Purse | Director | 2026-07-01 | A | 513 | 0 | 0 | Common | Form 4 ↗ |
| John E. Kiernan | Director | 2026-07-14 | A | 160,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Eric Speron | Director | 2026-08-20 | A | 1,250 | 40 | 49,665 | Common | Form 4 ↗ |
| Adam H. Putnam | Director | 2026-10-01 | A | 849 | 0 | 0 | Common | Form 4 ↗ |
| Katherine R. English | Director | 2026-10-01 | A | 523 | 0 | 0 | Common | Form 4 ↗ |
| Eric Speron | Director | 2026-10-01 | A | 490 | 0 | 0 | Common | Form 4 ↗ |
| Toby K. Purse | Director | 2026-10-01 | A | 555 | 0 | 0 | Common | Form 4 ↗ |
| Dividend-equivalent accruals | 2026-10-01 | — | 500 | — | — | 1 insider, 1 accrual row | ||
| John E. Kiernan | Director | 2026-10-01 | A | 500 | 0 | 0 | Common | Form 4 ↗ |
Transaction codes per Form 4: A acquisition · S open-market sale · F tax withholding · M option exercise · G gift. Value = shares × price as reported. Dividend-equivalent and fractional-share accrual rows (derivative Class A, under $10,000 and under 2,000 shares) are aggregated per date; every row appears in full below.
| Insider | Role | Transaction date | Code | Shares | Price | Value | Security | Source |
|---|---|---|---|---|---|---|---|---|
| Adam H. Putnam | Director | 2026-04-01 | A | 789 | $41 | $32,515 | Common | Form 4 ↗ |
| Katherine R. English | Director | 2026-04-01 | A | 486 | 41 | 20,028 | Common | Form 4 ↗ |
| Eric Speron | Director | 2026-04-01 | A | 607 | 41 | 25,014 | Common | Form 4 ↗ |
| Toby K. Purse | Director | 2026-04-01 | A | 516 | 41 | 21,264 | Common | Form 4 ↗ |
| Katherine R. English | Director | 2026-07-01 | A | 483 | 0 | 0 | Common | Form 4 ↗ |
| Adam H. Putnam | Director | 2026-07-01 | A | 785 | 0 | 0 | Common | Form 4 ↗ |
| Eric Speron | Director | 2026-07-01 | A | 453 | 0 | 0 | Common | Form 4 ↗ |
| Toby K. Purse | Director | 2026-07-01 | A | 513 | 0 | 0 | Common | Form 4 ↗ |
| John E. Kiernan | Director | 2026-07-14 | A | 160,000 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| Eric Speron | Director | 2026-08-20 | A | 1,250 | 40 | 49,665 | Common | Form 4 ↗ |
| Adam H. Putnam | Director | 2026-10-01 | A | 849 | 0 | 0 | Common | Form 4 ↗ |
| Katherine R. English | Director | 2026-10-01 | A | 523 | 0 | 0 | Common | Form 4 ↗ |
| Eric Speron | Director | 2026-10-01 | A | 490 | 0 | 0 | Common | Form 4 ↗ |
| Toby K. Purse | Director | 2026-10-01 | A | 555 | 0 | 0 | Common | Form 4 ↗ |
| John E. Kiernan | Director | 2026-10-01 | D | 500 | 0 | 0 | Derivative, Class A Common | Form 4 ↗ |
| John E. Kiernan | Director | 2026-10-01 | A | 500 | 0 | 0 | Common | Form 4 ↗ |
| Executive | Award | Shares unvested | Exercise price | Market value unvested |
|---|---|---|---|---|
| John E. Kiernan | RSU | 38,000 | — | $1,317,080 |
| John E. Kiernan | RSU | 2,500 | — | 86,650 |
| John E. Kiernan | RSU | 6,250 | — | 216,625 |
| John E. Kiernan | Option | 22,500 | 33.6 | — |
The Company's compensation program is intended to attract and retain talent and to create incentives for and reward excellent performance. Compensation is designed to be competitive, reward performance that creates shareholder value and recognizes individual contributions, and encourage longer-term value creation. A significant portion of executive compensation opportunity is tied to factors that influence shareholder value, including return on assets, long-term stock performance, and operational performance, with the proportion of variable compensation increasing as executive responsibilities increase.
| CEO STI target (% of salary) | — |
|---|---|
| CEO LTI target (% of salary) | — |
| Independent consultant | Semler Brossy Consulting Group, LLC |
| Clawback policy | true |
| Anti-hedging | true |
| Anti-pledging | false |
| Meeting year | Meeting date | For | Against | Abstain | Support | Outcome |
|---|---|---|---|---|---|---|
| 2024 | 2024-02-23 | 3,644,551 | 165,132 | 447,218 | 85.62% | Passed |
| 2021 | 2021-02-25 | 4,466,994 | 460,135 | 117,267 | 90.66% | Passed |
| 2018 | 2018-02-27 | 6,437,419 | 343,609 | 14,232 | 94.93% | Passed |
| 2017 | 2017-02-23 | 5,704,603 | 916,069 | 100,879 | 86.16% | Passed |
| 2016 | 2016-02-24 | 5,492,526 | 334,395 | 82,931 | 94.26% | Passed |
Rows are labeled by annual-meeting year, with the meeting date beside each; the vote held in a given year acts on the prior fiscal year's compensation.
| Meeting year | Meeting date | Approval — company's computation |
|---|---|---|
| 2024 | 2024-02-23 | 85.62%a |
| 2021 | 2021-02-25 | 90.66%b |
| 2018 | 2018-02-27 | 94.93%c |
a. Approved under the standard stated in the filing — “Abstentions will have the same effect as votes against the ratification of the appointment of Grant Thornton LLP and the approval, on an advisory (non-binding) basis, of the compensation of our named executive officers.”.
b. Approved under the standard stated in the filing — “Abstentions and broker "non-votes" will not affect the outcome of the vote on this proposal.”.
c. Approved under the standard stated in the filing — “Abstentions and broker "non-votes" will not affect the outcome of the vote on this proposal.”.
Approval percentages are the company's own reported computations under its own stated standard, not recomputed by Velarion. Where a company does not state a standard, none is assumed.
| Ratio (CEO : median employee) | 17 : 1 |
|---|---|
| CEO total compensation | $840,943 |
| Median employee compensation | $50,753 |
| Director | Cash fees | Stock awards | Option awards | Non-equity incentive | All other | Total |
|---|---|---|---|---|---|---|
| Adam H. PutnamIndependent · Board Chair | $102,500 | $0 | $0 | $0 | $0 | $102,500 |
| Toby K. PurseIndependent · Compensation · Audit (Chair) · Nominating and Governance | 82,500 | 0 | 0 | 0 | 0 | 82,500 |
| Katherine R. EnglishIndependent · Stewardship (Chair) | 80,000 | 0 | 0 | 0 | 0 | 80,000 |
| W. Andrew Krusen, JrIndependent · Compensation · Audit · Stewardship · Not standing for re-election | 80,000 | 0 | 0 | 0 | 0 | 80,000 |
| Henry R. SlackIndependent · Compensation · Audit · Nominating and Governance (Chair) · Not standing for re-election | 77,500 | 0 | 0 | 0 | 0 | 77,500 |
| George R. BrokawIndependent · Compensation (Chair) · Nominating and Governance | 77,500 | 0 | 0 | 0 | 0 | 77,500 |
| Benjamin D. FishmanIndependent · Compensation · Audit · Stewardship · Not standing for re-election | 75,000 | 0 | 0 | 0 | 0 | 75,000 |
| John E. KiernanEmployee director · Stewardship | 0 | 0 | 0 | — | 0 | 0 |
| Eric SperonIndependent · Newly elected | 0 | 0 | 0 | 0 | 0 | 0 |
| Annual cash retainer | $75,000 |
|---|---|
| Annual equity retainer | — |
| Per board meeting fee | — |
| Committee chair fees (audit / comp / nom-gov) | 50,000 / 5,000 |
| Stock ownership guideline | $200,000 |
| Component | FY2025 |
|---|---|
| Cash retainers and fees | $575,000 |
| Equity awards (grant-date value) | $0 |
| All other compensation | $0 |
| Total cost of the board | $575,000 |
Computed as the sum of the director compensation table rows above; inputs and formula shown in the register.
Most recent fiscal-year chief executive compensation at each disclosed peer, taken from that company's own proxy statement.
| Rank | Company | FY | Chief executive | Salary | Stock awards | Option awards | Non-equity incentive | Total |
|---|---|---|---|---|---|---|---|---|
| 1 | Alico | 2025 | Bradley Heine | $275,000 | $0 | $0 | $0 | $380,668 |
Each peer's compensation is from its most recently filed proxy; fiscal years differ by company. Each peer's figures come from its own filings; the subject company is highlighted. Peers whose chief executive compensation is outside our coverage universe are stated as such, never left blank.
Answers are drawn only from the figures disclosed in this brief and cited to their location in the source filing. Where a figure required for an answer is not disclosed, that is stated rather than estimated.
Each figure's location is given both for the eye (section · page · table · row · column) and for a script (table/row/column index and exact character span in the filed document). Any figure can be independently confirmed against the source.
| # | Supports | Document | Filed | Accession | Location in document |
|---|---|---|---|---|---|
| 1 | Section 01, Bradley Heine | DEF 14A | 2026-01-14 | 0000003545-26-000004 | Section “SUMMARY COMPENSATION TABLE”. As printed: 380,668. Filing ↗machine: span 380541–380548 |
| 2 | Section 07, pay ratio | DEF 14A | 2024-01-12 | 0000003545-24-000019 | Section “CEO Pay Ratio”. As printed: 17 : 1. Filing ↗ |
| 3 | Section 08, Adam H. Putnam | DEF 14A | 2026-01-14 | 0000003545-26-000004 | Section “Director Compensation”. As printed: 102,500. Filing ↗machine: t19 · r8 · c3 · span 314899–315031 |
| 4 | Section 08, Toby K. Purse | DEF 14A | 2026-01-14 | 0000003545-26-000004 | Section “Director Compensation”. As printed: 82,500. Filing ↗machine: t19 · r7 · c3 · span 312815–312946 |
| 5 | Section 08, Katherine R. English | DEF 14A | 2026-01-14 | 0000003545-26-000004 | Section “Director Compensation”. As printed: 80,000. Filing ↗machine: t19 · r4 · c3 · span 306551–306682 |
| 6 | Section 08, W. Andrew Krusen, Jr | DEF 14A | 2026-01-14 | 0000003545-26-000004 | Section “Director Compensation”. As printed: 80,000. Filing ↗machine: t19 · r6 · c3 · span 310731–310862 |
| 7 | Section 08, Henry R. Slack | DEF 14A | 2026-01-14 | 0000003545-26-000004 | Section “Director Compensation”. As printed: 77,500. Filing ↗machine: t19 · r9 · c3 · span 316986–317117 |
| 8 | Section 08, George R. Brokaw | DEF 14A | 2026-01-14 | 0000003545-26-000004 | Section “Director Compensation”. As printed: 77,500. Filing ↗machine: t19 · r3 · c3 · span 304258–304389 |
| 9 | Section 08, Benjamin D. Fishman | DEF 14A | 2026-01-14 | 0000003545-26-000004 | Section “Director Compensation”. As printed: 75,000. Filing ↗machine: t19 · r5 · c3 · span 308640–308771 |
| 10 | Section 08, John E. Kiernan | DEF 14A | 2026-01-14 | 0000003545-26-000004 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 11 | Section 08, Eric Speron | DEF 14A | 2026-01-14 | 0000003545-26-000004 | Section “Director Compensation”. As printed: 0. Filing ↗ |
| 12 | Section 02, Adam H. Putnam 2026-04-01 | Form 4 | 2026-04-02 | 0001820544-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 13 | Section 02, Katherine R. English 2026-04-01 | Form 4 | 2026-04-02 | 0001820338-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 14 | Section 02, Eric Speron 2026-04-01 | Form 4 | 2026-04-02 | 0001628280-26-022947 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 15 | Section 02, Toby K. Purse 2026-04-01 | Form 4 | 2026-04-02 | 0001775428-26-000004 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 16 | Section 02, Katherine R. English 2026-07-01 | Form 4 | 2026-07-02 | 0001820338-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 17 | Section 02, Adam H. Putnam 2026-07-01 | Form 4 | 2026-07-02 | 0001820544-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 18 | Section 02, Eric Speron 2026-07-01 | Form 4 | 2026-07-02 | 0001628280-26-046696 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 19 | Section 02, Toby K. Purse 2026-07-01 | Form 4 | 2026-07-02 | 0001775428-26-000006 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 20 | Section 02, John E. Kiernan 2026-07-14 | Form 4 | 2026-07-16 | 0001644122-26-000003 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 21 | Section 02, Eric Speron 2026-08-20 | Form 4 | 2026-08-21 | 0001628280-26-058425 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 22 | Section 02, Adam H. Putnam 2026-10-01 | Form 4 | 2026-10-05 | 0001820544-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 23 | Section 02, Katherine R. English 2026-10-01 | Form 4 | 2026-10-05 | 0001820338-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 24 | Section 02, Eric Speron 2026-10-01 | Form 4 | 2026-10-05 | 0001628280-26-064751 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 25 | Section 02, Toby K. Purse 2026-10-01 | Form 4 | 2026-10-05 | 0001775428-26-000008 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 26 | Section 02, John E. Kiernan 2026-10-01 | Form 4 | 2026-10-01 | 0001628280-26-064112 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 27 | Section 02, John E. Kiernan 2026-10-01 | Form 4 | 2026-10-01 | 0001628280-26-064112 | Insider equity transaction reported since the proxy statement. Filing ↗ |
| 28 | Section 06, 2024 vote | Form 8-K | 2024-02-23 | 0000003545-24-000037 | Item 5.07 · say-on-pay result. As reported: 85.62% (votes for as printed: 3,644,551). Filing ↗ |
| 29 | Section 06, 2021 vote | Form 8-K | 2021-03-01 | 0001564590-21-009866 | Item 5.07 · say-on-pay result. As reported: 90.66%. Filing ↗ |
| 30 | Section 06, 2018 vote | Form 8-K | 2018-02-28 | 0000003545-18-000026 | Item 5.07 · say-on-pay result. As reported: 94.93%. Filing ↗ |
| 31 | Section 09b board cost (computed) | Computed | — | — | Cash 575,000 + equity 0 + all other 0 = 575,000, summed across the director compensation table rows.machine: formula: Σ = 575,000 |
| 32 | Alico (subject), Section 10b CEO total | DEF 14A | 2026-01-14 | 0000003545-26-000004 | CEO total compensation as printed in Alico's own proxy. As printed: 380,668. Filing ↗machine: span 380541–380548 |
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