Every material Form 8-K Limoneira CO has filed with the SEC since August 17, 2026, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Limoneira's Board appointed Ryan M. Young as Executive Vice President and Chief Operating Officer on October 21, 2026, effective November 9, 2026. Young previously served as Senior Vice President of Operations at Sun Pacific Shippers LP from 2023 to 2026 and will report to CEO Harold Edwards, with responsibility for farming and packing operations, technology, organic recycling, and real estate rental operations.
Board appointment on October 21, 2026; effective November 9, 2026; employment is at-will.
Annual base salary of $560,000, with a target bonus of 65% of base salary.
One-time equity award with a grant date value of $650,000, split evenly between time-based and performance-based awards.
Change in Control Agreement provides a lump-sum payment of two times base salary, plus up to 24 months of COBRA premium payments, if terminated without Cause or for Good Reason in connection with a Change in Control.
Limoneira reported fiscal third-quarter 2026 revenue of $43.8 million, down from $47.5 million a year earlier, and a net loss of $0.17 per diluted share versus $0.06. Adjusted EBITDA rose to $3.9 million from $3.0 million, and the company raised its avocado volume guidance while narrowing lemon volume to the lower end of its range. The company also agreed to sell the Windfall Farms property for $15.0 million in cash, with closing expected September 14, 2026.
Q3 total net revenues were $43.8 million, versus $47.5 million, mainly due to the transition of citrus brokerage operations to Sunkist.
Q3 operating loss was $3.0 million, versus $0.6 million; net loss per diluted share was $0.17, versus $0.06.
Adjusted EBITDA was $3.9 million, versus $3.0 million in the prior-year quarter.
Fiscal 2026 avocado volume guidance raised to 7.0 to 7.25 million pounds; lemon volume expected at the lower end of 4.0 to 4.5 million cartons.
Limoneira subsidiary Windfall Investors agreed on August 15, 2026 to sell five Paso Robles, California vineyard properties of about 724 acres to Paul Rusnak for $15 million, following a public auction. The company also expects an additional impairment charge of about $4.1 million, bringing the total impairment to about $13.4 million, which the company links to the sale and to a previously terminated sale.
Purchase price is $15 million; buyer must post a 12% nonrefundable earnest money deposit
Closing is scheduled no later than September 14, 2026 (the press release says September 15); the deal is not conditioned on financing
Additional impairment of about $4.1 million expected in Q4 fiscal 2026, on top of about $9.3 million previously estimated for Q2, for about $13.4 million total
Seller keeps the 2026 harvest and access to farm through November 30, 2026; CEO Harold Edwards said proceeds will reduce debt and fund avocado acreage expansion
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Limoneira CO filing is on SEC EDGAR ↗. 8-K briefs of other companies →