Mission Produce director buys 40K company shares
Mission Produce, Inc. director Jay A. Pack reported an open-market purchase of 40,000 shares of common stock at approximately $12.10 per share.
Rhea-AI Filing Summary
Mission Produce, Inc. director Jay A. Pack reported an open-market purchase of 40,000 shares of common stock at approximately $12.10 per share. Following this transaction, he directly holds 579,965 shares of Mission Produce.
In addition to his direct stake, the filing shows indirect ownership through several related accounts. These include 1,015,160 shares held by PFP Investments, Ltd., 123,136 shares held in each of the RP 2018 GRAT and JP 2018 GRAT, and 90,000 shares held by his spouse. Together, these entries indicate a substantial overall position in the company, with the latest transaction increasing his direct exposure through a cash purchase in the market.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 40,000 shares
Net Buy
5 txns
Insider
Pack Jay A
Role
Director
Bought
40,000 shs ($484K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 40,000 | $12.10 | $484K |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 579,965 shares (Direct);
COMMON STOCK — 90,000 shares (Indirect, By spouse);
COMMON STOCK — 123,136 shares (Indirect, JAY PACK AS TRUSTEE TO THE JP 2018 GRAT);
COMMON STOCK — 123,136 shares (Indirect, JAY PACK AS TRUSTEE TO THE RP 2018 GRAT);
COMMON STOCK — 1,015,160 shares (Indirect, PFP INVESTMENTS, LTD)
Footnotes (2)
- F1. The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $12.06 to $12.10, 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.
- F2. Power to vote and dispose of the shares held by PFP Investments, Ltd. is shared with the reporting person's spouse.
Key Figures
Shares purchased: 40,000 shares
Purchase price: $12.10 per share
Direct holdings after trade: 579,965 shares
+4 more
7 metrics
Shares purchased
40,000 shares
Open-market purchase of common stock
Purchase price
$12.10 per share
Reported transaction price for 40,000 shares
Direct holdings after trade
579,965 shares
Direct common stock owned post-transaction
PFP Investments holdings
1,015,160 shares
Indirect ownership via PFP Investments, Ltd.
RP 2018 GRAT holdings
123,136 shares
Indirect ownership via RP 2018 GRAT
JP 2018 GRAT holdings
123,136 shares
Indirect ownership via JP 2018 GRAT
Spouse holdings
90,000 shares
Indirect ownership held by spouse
Key Terms
open-market purchase, indirect ownership, GRAT, weighted-average price, +1 more
5 terms
open-market purchase financial
"The Form 4 classifies the main transaction as an open-market purchase with code P"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
indirect ownership financial
"In addition to his direct stake, the filing shows indirect ownership through several related accounts"
GRAT financial
"held in each of the RP 2018 GRAT and JP 2018 GRAT"
weighted-average price financial
"The price reported is the average weighted price"
Weighted-average price is the average of multiple prices where each price is counted according to its size or importance—larger trades carry more weight than smaller ones, like averaging course grades by credit hours. It matters to investors because it gives a more realistic picture of the true price paid or received, helping assess trade execution, compare performance, calculate cost basis, and value positions more accurately than a simple average.
common stock financial
"open-market purchase of 40,000 shares of common stock at approximately $12.10 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
FAQ
What insider transaction did Jay A. Pack report at Mission Produce (AVO)?
Jay A. Pack reported buying 40,000 shares of Mission Produce common stock in an open-market transaction at about $12.10 per share. This filing reflects a cash purchase that increases his directly held stake in the company.
What indirect Mission Produce (AVO) holdings are associated with Jay A. Pack?
The filing shows indirect holdings of 1,015,160 shares through PFP Investments, Ltd., 123,136 shares in the RP 2018 GRAT, 123,136 shares in the JP 2018 GRAT, and 90,000 shares held by his spouse.
Is the reported Mission Produce (AVO) insider trade a buy or a sell?
The Form 4 classifies the main transaction as an open-market purchase with code P and a direction of buy. It reports 40,000 common shares acquired at an average price of about $12.10 per share.
What does the Form 4 reveal about PFP Investments, Ltd. and Mission Produce (AVO)?
The Form 4 lists 1,015,160 Mission Produce shares held indirectly through PFP Investments, Ltd. A footnote states voting and disposition power over these shares is shared between Jay A. Pack and his spouse.
AI-generated analysis. How Rhea-AI works. Not financial advice.
