Mission Produce (AVO) GC awarded shares; stock withheld to cover taxes
Rhea-AI Filing Summary
Mission Produce’s General Counsel and Secretary, Joanne C. Wu, reported equity compensation activity in company common stock. On January 6, 2026, she acquired 25,181 shares of common stock at $0 per share, representing shares earned under the company’s 2023–2025 Performance Share Unit program. On January 7, 2026, 12,650 shares were withheld by the company at a price of $11.79 per share to cover her tax withholding obligations related to that vesting. After these transactions, she directly owned 86,829 shares of Mission Produce common stock.
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FAQ
What insider activity did Mission Produce (AVO) report in this Form 4?
The filing reports equity compensation activity for Joanne C. Wu, Mission Produce’s General Counsel and Secretary, involving the vesting of performance share units and related tax withholding in company common stock.
How many Mission Produce shares did Joanne C. Wu receive?
On January 6, 2026, Joanne C. Wu acquired 25,181 shares of Mission Produce common stock at $0 per share, earned from the company’s 2023–2025 Performance Share Unit program.
Why were some Mission Produce (AVO) shares deducted in this Form 4?
On January 7, 2026, 12,650 shares of Mission Produce common stock were withheld by the company at $11.79 per share to satisfy Joanne C. Wu’s tax withholding obligations tied to the vesting of performance share units.
What compensation program is referenced in Mission Produce’s insider filing?
The activity relates to the issuer’s 2023–2025 Performance Share Unit program, under which Joanne C. Wu earned the 25,181 shares reported as acquired.
How many Mission Produce shares does Joanne C. Wu own after these transactions?
Following the reported award and tax withholding, Joanne C. Wu directly owned 86,829 shares of Mission Produce common stock.
Is the share withholding in this Mission Produce Form 4 an open-market sale?
No. The 12,650 shares were withheld by the issuer to cover tax obligations associated with vesting performance share units, rather than sold in an open-market transaction.