Mission Produce (AVO) reports 34,022-share sale under 10b5-1 plan
Rhea-AI Filing Summary
Mission Produce, Inc. insider-related entity Beldar Enterprises sold a total of 34,022 shares of common stock on December 30–31, 2024 under a Rule 10b5-1(c) trading plan at weighted-average prices near $14.49 per share. This amendment corrects the earlier Form 4’s reporting entity and the 15,744-share sale amount, and reports indirect holdings through four Panamanian corporations and 32,423 shares held directly as of December 27, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary 10b5-1
Net Seller: 34,022 shares
Net Sell
7 txns
Insider
Gonzalez Luis A, Vallejos Hinojosa Rosario del Pilar
Role
Director, 10% Owner | 10% Owner
Sold
34,022 shs ($493K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK F1, F5, F6, F3 | 15,744 | $14.4821 | $228K |
| Sale | COMMON STOCK F1, F2, F3, F4 | 18,278 | $14.4906 | $265K |
| holding | COMMON STOCK F7 | -- | -- | -- |
| holding | COMMON STOCK F7 | -- | -- | -- |
| holding | COMMON STOCK F7 | -- | -- | -- |
| holding | COMMON STOCK F7 | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 6,974,443 shares (Indirect, BY BELDAR ENTERPRISES);
COMMON STOCK — 309,999 shares (Indirect, BY CORP SA 1);
COMMON STOCK — 275,000 shares (Indirect, BY CORP SA 2);
COMMON STOCK — 310,000 shares (Indirect, BY CORP SA 3);
COMMON STOCK — 111,001 shares (Indirect, BY CORP SA 4);
COMMON STOCK — 32,423 shares (Direct)
Footnotes (7)
- F1. Sale pursuant to a 10b5-1(c) plan adopted on September 26, 2024.
- F2. The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $14.48 to $14.52, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
- F3. Luis Gonzalez and Rosario Del Pilar Vallejos Hinojosa share power to vote and dispose the shares held by Beldar Enterprises. Ms. Vallejos Hinojosa has full pecuniary interest in the shares held by Beldar Enterprises. Luis Gonzalez does not have any direct pecuniary interest in these shares.
- F4. This transaction was reported on the Form 4 filed on December 31, 2024 as a sale by CORP SA2, when it was actually a sale by Beldar Enterprices as reflected in this amendment.
- F5. The number of shares sold was reported in error on the Form 4 filed on Decembe 31, 2024 as 34,022 shares, when the actual amount was 15,744 shares.
- F6. The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $14.48 to $14.495, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
- F7. Luis A. Gonzalez, a director of Issuer, and his spouse Rosario Del Pilar Vallejos Hinojosa, indirectly share the power to vote and dispose of the shares held by each of Corp SA 1, Corp SA 2, Corp SA 3, and Corp SA 4, corporations organized under the laws of Panama, and have shared pecuniary interest in these shares during their lifetimes.
Key Figures
Shares sold 2024-12-30: 18,278 shares
Shares sold 2024-12-31: 15,744 shares
Total shares sold: 34,022 shares
+5 more
8 metrics
Shares sold 2024-12-30
18,278 shares
Indirect sale of Mission Produce common stock by Beldar Enterprises at $14.4906 weighted-average price
Shares sold 2024-12-31
15,744 shares
Indirect sale of Mission Produce common stock by Beldar Enterprises at $14.4821 weighted-average price
Total shares sold
34,022 shares
Aggregate common shares sold across December 30–31, 2024 per transaction summary
Corp SA 1 holding
309,999 shares
Indirect Mission Produce common shares held through Corp SA 1 as of December 27, 2024
Corp SA 2 holding
275,000 shares
Indirect Mission Produce common shares held through Corp SA 2 as of December 27, 2024
Corp SA 3 holding
310,000 shares
Indirect Mission Produce common shares held through Corp SA 3 as of December 27, 2024
Corp SA 4 holding
111,001 shares
Indirect Mission Produce common shares held through Corp SA 4 as of December 27, 2024
Direct holding
32,423 shares
Mission Produce common shares held directly by Luis A. Gonzalez as of December 27, 2024
Key Terms
Rule 10b5-1(c) plan, average weighted price, pecuniary interest, indirectly share the power to vote and dispose
4 terms
Rule 10b5-1(c) plan regulatory
"Sale pursuant to a 10b5-1(c) plan adopted on September 26, 2024."
average weighted price financial
"The price reported is the average weighted price. The shares were sold in multiple transactions..."
pecuniary interest financial
"Ms. Vallejos Hinojosa has full pecuniary interest in the shares held by Beldar Enterprises."
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider stock sales did Mission Produce (AVO) disclose in this Form 4/A?
Mission Produce insiders reported Beldar Enterprises sold 18,278 shares on December 30, 2024 at a weighted-average of $14.4906 and 15,744 shares on December 31, 2024 at a weighted-average of $14.4821, totaling 34,022 shares of common stock.
Were the Mission Produce (AVO) insider sales made under a Rule 10b5-1 plan?
Yes. The sales by Beldar Enterprises were made pursuant to a Rule 10b5-1(c) trading plan adopted on September 26, 2024, meaning execution followed a pre-arranged schedule rather than discretionary market timing by the insiders.
What corrections does this Form 4/A make to the prior Mission Produce (AVO) filing?
The amendment clarifies that a sale previously reported as by Corp SA 2 was actually by Beldar Enterprises and corrects an earlier share count of 34,022 for the December 31, 2024 trade to the accurate figure of 15,744 shares.