毛伊岛菠萝食品 2025年度报告

UNITED STATESSECURITIES AND EXCHANGE COMMISSIONWashington, D.C. 20549 FORM 10-K ☒ANNUAL REPORT PURSUANT TO SECTION13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF1934For the fiscal year ended December 31, 2025Or☐TRANSITION REPORT PURSUANT TO SECTION13 OR 15 (d)OF THE SECURITIES EXCHANGE ACT OF1934 Commission file number:001-06510 MAUI LAND & PINEAPPLE COMPANY, INC.(Exact name of registrant as specified in its charter) 500 Office RoadLahaina, Maui, Hawaii 96761(Address of principal executive offices) (Zip Code) (808)877-3351(Registrant’s telephone number, including area code) Securities registered pursuant to Section12(b) of the Act: Securities registered pursuant to Section12(g) of the Act:NoneIndicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule405 of the Securities Act.Yes☐No☒ Indicate by check mark if the registrant is not required to file reports pursuant to Section13 or Section15(d) of the Act.Yes☐No☒Indicate by check mark whether the registrant (1)has filed all reports required to be filed by Section13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12months (or for such shorter period that the registrant was required to file such reports), and(2)has been subject to such filing requirements for the past 90days.Yes☒No☐Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule405 of RegulationS-T (§232.405 of this chapter) during the preceding 12months (or for such shorter period that theregistrant was required to submitsuch files).Yes☒No☐Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or emerging growth company. See the definitions of “large accelerated filer,” accelerated filer,” “smaller reportingcompany,” and “emerging growth company” in Rule12b-2 of the Exchange Act.Largeacceleratedfiler☐Acceleratedfiler☐ Smallerreportingcompany☒Emerginggrowthcompany☐If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for Non-accelerated filer☒ complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐Indicate by check mark whether the registrant has filed a report on and attestation to its management’s assessment of the effectiveness of its internal control over financial reporting under Section 404(b) of the Sarbanes-Oxley Act (15 U.S.C. 7262(b)) by the registered publicaccounting firm that prepared or issued its audit report.☐If securities are registered pursuant to Section 12(b) of the Act, indicate by check mark whether the financial statements of the registrant included in the filing reflect the correction of an error to previously issued financial statements.☐Indicate by check mark whether any of those error corrections are restatements that required a recovery analysis of incentive-based compensation received by any of the registrant’s executive officers during the relevant recovery period pursuant to §240.10D-1(b).☐Indicate by check mark whether the registrant is a shell Company (as defined in Rule12b-2 of the Exchange Act).Yes☐No☒ 19,868,771(Number of shares of common stockoutstanding at March 27, 2026) (Aggregate market value of common stockheld by non-affiliates of the company on June30, 2025) DOCUMENTS INCORPORATED BY REFERENCEPortions of registrant’s definitive Proxy Statement on Schedule 14A relating to the registrant’s 2026Annual Meeting of Stockholders, to be filed with the Securities and Exchange Commission pursuant to Regulation 14A not later than 120 days after the end of the fiscal year coveredby this Form 10-K, are incorporated by reference in Part III, Items 10-14 of this Form 10-K. CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS This Annual Report on Form 10-K for the year ended December31, 2025 (this “Annual Report”), filed by Maui Land & PineappleCompany, Inc. with the Securities and Exchange Commission (“SEC”), contains “forward-looking statements” within the meaning of Section27A of the Securities Act of 1933, as amended (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as amended(the “Exchange Act”), which statements are subject to considerable risks and uncertainties. Forward-looking statements include all statementsthat are not statements of historical fact contained in this Annual Report and can be identified by words such as “anticipate,” “believe,”“continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “project,” “pursue,” “will,” or “would,” or the negative or othervariations thereof or comparable terminology. In particular, forward-looking statements contained in this Annual Report relate to, among otherthings, our future events, future financial performance, results of operations, strategic plans and objectives, and recent