Mission Produce (AVO) CAO gets RSU grant and covers taxes on stock vesting
Rhea-AI Filing Summary
Mission Produce Chief Accounting Officer Damian Ricketts reported several equity compensation transactions in company common stock. On January 5 and 6, 2026, a total of 1,278, 606, and 290 shares were withheld by the company at prices of $11.59–$11.66 per share to cover tax obligations arising from restricted stock unit (RSU) vesting. After these tax-withholding transactions, he held between 4,957 and 5,853 shares directly, and 8,660 shares following all reported transactions.
He also received a new grant of 3,703 RSUs at a price of $0 under the 2020 Incentive Award Plan. Each RSU represents the right to receive one share of common stock, vesting in three equal installments on January 6, 2027, 2028, and 2029, as long as he remains employed on each vesting date.
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FAQ
What insider transactions did Mission Produce (AVO) report for Damian Ricketts?
The Chief Accounting Officer, Damian Ricketts, reported company common stock transactions tied to RSU vesting and a new RSU grant. Shares were withheld to cover tax obligations on January 5 and 6, 2026, and he also received 3,703 new RSUs under the 2020 Incentive Award Plan.
Were the Mission Produce (AVO) insider transactions open-market sales?
No. The filing states that certain shares were withheld by the issuer to satisfy the reporting person’s tax withholding obligations related to the vesting of restricted stock units on January 5 and 6, 2026, rather than discretionary open-market sales.
How many restricted stock units did Damian Ricketts receive from Mission Produce (AVO)?
Damian Ricketts received a grant of 3,703 restricted stock units (RSUs). Each RSU represents the contingent right to receive one share of Mission Produce common stock, subject to the vesting schedule and continued employment conditions.
What is the vesting schedule for Damian Ricketts’ new RSUs at Mission Produce (AVO)?
The 3,703 RSUs granted to Damian Ricketts vest in three equal installments on each of January 6, 2027, 2028, and 2029. Vesting is conditioned on his continued employment with the company on each respective vesting date.
How many Mission Produce shares does Damian Ricketts hold after these transactions?
Following the reported transactions related to tax withholding and the RSU grant, the filing shows that Damian Ricketts beneficially owns 8,660 shares of Mission Produce common stock directly.
What do the tax withholding entries in the Mission Produce (AVO) Form 4 mean?
The entries coded “F” represent shares of common stock that were withheld by Mission Produce to cover the reporting person’s tax withholding obligations arising from RSU vesting on January 5 and 6, 2026, as explained in the footnotes.