Mission Produce (AVO) CEO details RSU grant and tax share withholding
Rhea-AI Filing Summary
Mission Produce, Inc. CEO Stephen J. Barnard reported several equity-related entries on this Form 4. On January 5 and 6, 2026, a total of 10,357, 8,202, and 5,232 shares of common stock were withheld by the company at prices of $11.66 and $11.59 per share to cover tax obligations from vesting restricted stock units. Following these tax withholdings, he reported updated direct ownership positions.
On January 6, 2026, Barnard was also granted 20,526 restricted stock units at a price of $0, which will vest in three equal installments on January 6, 2027, 2028, and 2029, subject to his continued employment. After the grant, he directly held 193,479 shares of common stock. He also reported indirect holdings of 1,784,794 shares in each of the Stephen J. Barnard GT Trust and the Shelly R. Barnard GT Trust, and 50,062 shares via Barnard Properties, LLC, where he and his spouse are co‑trustees with shared voting and disposition power, and he disclaims beneficial ownership except to the extent of his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Tax Withholding | COMMON STOCK | 10,357 | $11.66 | $121K |
| Tax Withholding | COMMON STOCK | 5,232 | $11.66 | $61K |
| Grant/Award | COMMON STOCK | 20,526 | $0.00 | -- |
| Tax Withholding | COMMON STOCK | 8,202 | $11.59 | $95K |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Footnotes (1)
- These shares were withheld by the Issuer to satisfy the tax withholding obligations of the reporting person with respect to the vesting on January 6, 2026 of restricted stock units held by the reporting person. These shares were withheld by the Issuer to satisfy the tax withholding obligations of the reporting person with respect to the vesting on January 5, 2026 of restricted stock units held by the reporting person. Represents restricted stock units ("RSUs") granted under the 2020 Incentive Award Plan. Each RSU represents the contingent right to receive one share of Common Stock of the Issuer. The RSUs vest in three equal installments on each of January 6, 2027, 2028, and 2029, subject to the Reporting Person's continued employment on each applicable vesting date. Mr. Barnard and his spouse are co-trustees with shared power to vote and dispose of the shares. Mr. Barnard disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest.
FAQ
What insider activity did Mission Produce (AVO) report for its CEO?
The filing shows CEO Stephen J. Barnard had company shares withheld on January 5 and 6, 2026 to cover tax obligations from vesting restricted stock units and received a new grant of 20,526 restricted stock units on January 6, 2026.
What RSU grant did the Mission Produce CEO receive in this Form 4?
On January 6, 2026, Barnard received 20,526 restricted stock units under the 2020 Incentive Award Plan. Each RSU represents one share of Mission Produce common stock and vests in three equal installments on January 6, 2027, 2028, and 2029, contingent on his continued employment.
How do the reported RSUs for the Mission Produce CEO vest over time?
The 20,526 RSUs granted on January 6, 2026 vest in three equal installments on January 6, 2027, January 6, 2028, and January 6, 2029, provided Barnard remains employed with the company on each vesting date.