# EDGAR Filing Document

**Accession Number:** 0001545654
**File Stem:** 0001545654-25-000019
**Filing Date:** 2025-6
**Character Count:** 6648
**Document Hash:** 5bd544a3bb47f7f7398cba3dfd040668
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001545654-25-000019.hdr.sgml**: 20250620

**ACCESSION NUMBER**: 0001545654-25-000019

**CONFORMED SUBMISSION TYPE**: 8-K

**PUBLIC DOCUMENT COUNT**: 12

**CONFORMED PERIOD OF REPORT**: 20250620

**ITEM INFORMATION**: Entry into a Material Definitive Agreement

**ITEM INFORMATION**: Termination of a Material Definitive Agreement

**FILED AS OF DATE**: 20250620

**DATE AS OF CHANGE**: 20250620

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Alexander & Baldwin, Inc.
- **CENTRAL INDEX KEY:** 0001545654
- **STANDARD INDUSTRIAL CLASSIFICATION:** REAL ESTATE INVESTMENT TRUSTS [6798]
- **ORGANIZATION NAME:** 05 Real Estate & Construction
- **EIN:** 454849780
- **STATE OF INCORPORATION:** HI
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** 8-K
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 001-35492
- **FILM NUMBER:** 251062249

**BUSINESS ADDRESS:**
- **STREET 1:** 822 BISHOP STREET, P.O. BOX 3440
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96801
- **BUSINESS PHONE:** (808) 525-6611

**MAIL ADDRESS:**
- **STREET 1:** 822 BISHOP STREET, P.O. BOX 3440
- **CITY:** HONOLULU
- **STATE:** HI
- **ZIP:** 96801

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** A & B II, Inc.
- **DATE OF NAME CHANGE:** 20120502

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** & B II, Inc.
- **DATE OF NAME CHANGE:** 20120326

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** A&B II, Inc.
- **DATE OF NAME CHANGE:** 20120326

?xml version='1.0' encoding='ASCII'? alex-20250620

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**WASHINGTON, D.C. 20549**

**FORM 8-K** 

**CURRENT REPORT**

**Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934**

Date of Report (Date of earliest event reported): June 20, 2025

**ALEXANDER & BALDWIN, INC.** 

(Exact name of registrant as specified in its charter)

---

| | | | | |
|:---|:---|:---|:---|:---|
| **<u>Hawaii</u>** | **<u>Hawaii</u>** | **<u>Hawaii</u>** | **<u>001-35492</u>** | **<u>45-4849780</u>** |
| (State or other jurisdiction of<br>incorporation or organization) | (State or other jurisdiction of<br>incorporation or organization) | (State or other jurisdiction of<br>incorporation or organization) | (Commission<br>File Number) | (I.R.S. Employer<br>Identification No.) |
| **P. O. Box 3440,** | **Honolulu,** | **Hawaii** | | **96801** |
| (Address of principal executive offices) | (Address of principal executive offices) | (Address of principal executive offices) | | (Zip Code) |

---

**<u>(808)</u> <u>525-6611</u>**

(Registrant's telephone number, including area code)

<u>N/A</u>

(Former name or former address,

if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2.):

☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

---

| | | |
|:---|:---|:---|
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered |
| **Common Stock, without par value** | **ALEX** | **New York Stock Exchange** |

---

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 if this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 if this chapter).

Emerging growth company ☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

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<u>Item 1.01. Entry into a Material Definitive Agreement.</u>

On June 17, 2025, Alexander & Baldwin, Inc. (the "Company") and certain of its subsidiaries (collectively, "A&B") entered into a Termination Agreement (the "Agreement") with Mahi Pono Holdings, LLC and certain of its related entities (collectively, "Mahi Pono"). The Agreement generally terminates the remaining rights and obligations under the Purchase and Sale Agreement and Escrow Instructions between A&B and Mahi Pono, dated December 17, 2018, which was described in the Company's Form 8-K dated December 20, 2018, including A&B's obligation to Mahi Pono of approximately $69.7 million. Under the Agreement, A&B shall transfer its 50% ownership interest in East Maui Irrigation Company, LLC and forego the receipt of payment of $2.7 million. In addition, A&B shall pay $55.3 million to Mahi Pono in installments over a period of four years with $10.0 million paid upon execution of the Agreement, $12.65 million each on the first and second anniversaries of the execution date of the Agreement, and $10.0 million each on the third and fourth anniversaries of the execution date of the Agreement.

<u>Item 1.02. Termination of a Material Definitive Agreement.</u>

The information set forth under Item 1.01 is incorporated herein by reference.

------

<u>SIGNATURE</u>

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Date: June 20, 2025

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;ALEXANDER & BALDWIN, INC.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<u>/s/ Clayton K.Y. Chun</u>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Clayton K.Y. Chun

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Executive Vice President,

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Chief Financial Officer and Treasurer