Mission Produce (AVO) CFO sells 5,000 shares in open-market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mission Produce, Inc. reported that its Chief Financial Officer, Bryan E. Giles, sold 5,000 shares of common stock in an open-market transaction. The shares were sold at an average weighted price of about $12.13 per share, based on trades between $12.13 and $12.14.
After this sale, Giles directly holds 146,931 shares of Mission Produce common stock. The filing notes that the reported price is an average and that full trade details, including exact share amounts at each price, are available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 5,000 shares ($60,650)
Net Sell
1 txn
Insider
Giles Bryan E
Role
CHIEF FINANCIAL OFFICER
Sold
5,000 shs ($61K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON STOCK | 5,000 | $12.13 | $61K |
Holdings After Transaction:
COMMON STOCK — 146,931 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares sold: 5,000 shares
Average sale price: $12.13 per share
Shares held after sale: 146,931 shares
+1 more
4 metrics
Shares sold
5,000 shares
Open-market sale of Mission Produce common stock
Average sale price
$12.13 per share
Weighted average price for multiple transactions
Shares held after sale
146,931 shares
Direct holdings of CFO following the transaction
Price range of trades
$12.13–$12.14 per share
Range of prices for individual sale transactions
Key Terms
open-market sale, weighted average price, Form 4
3 terms
open-market sale financial
"The shares were sold in an open-market sale of common stock."
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
weighted average price financial
"The price reported is the average weighted price for multiple trades."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"Mission Produce reported the transaction in a Form 4 insider filing."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Mission Produce (AVO) disclose in this Form 4?
Mission Produce reported that CFO Bryan E. Giles sold 5,000 shares of common stock. The sale was an open-market transaction at an average price of about $12.13 per share, based on multiple trades between $12.13 and $12.14.
Was the Mission Produce (AVO) CFO’s sale a market transaction?
Yes. The Form 4 identifies the CFO’s 5,000-share disposition as an open-market sale of common stock. The reported price is a weighted average for multiple trades executed between $12.13 and $12.14 per share during the transaction date.
Does the Mission Produce (AVO) Form 4 mention a weighted average price?
The filing states that the reported sale price is a weighted average of multiple trades. Shares were sold in separate transactions at prices ranging from $12.13 to $12.14, with the insider offering to provide full trade details on request.