Mission Produce (AVO) grants 7,063 RSUs to General Counsel Wu
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Wu Joanne C reported acquisition or exercise transactions in this Form 4 filing.
Mission Produce, Inc. granted its General Counsel and Secretary, Joanne C. Wu, 7,063 restricted stock units (RSUs) of common stock as a stock-based award. The RSUs were reported at a price of $0.00 per share, reflecting a grant rather than an open-market transaction.
According to the award terms, each RSU represents the right to receive one share of Mission Produce common stock. The RSUs vest in three equal installments on March 6, 2027, 2028, and 2029, contingent on Wu’s continued employment on each vesting date. Following this grant, her directly held common stock-based holdings total 93,892 shares/units.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Wu Joanne C
Role
General Counsel and Secretary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 7,063 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 93,892 shares (Direct)
Footnotes (1)
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FAQ
What insider transaction did Mission Produce (AVO) report for Joanne C. Wu?
Mission Produce reported that General Counsel and Secretary Joanne C. Wu received a grant of 7,063 restricted stock units. These RSUs are stock-based compensation, not an open-market trade, and each unit represents the right to receive one share of common stock if vesting conditions are met.
How many RSUs did Mission Produce grant to Joanne C. Wu in the latest Form 4?
The filing shows a grant of 7,063 restricted stock units to Joanne C. Wu. Each RSU corresponds to one share of Mission Produce common stock, awarded at a stated price of $0.00 per share as part of the company’s 2020 Incentive Award Plan.
What is the vesting schedule for Joanne C. Wu’s 7,063 Mission Produce RSUs?
The 7,063 RSUs vest in three equal installments on March 6, 2027, 2028, and 2029. Vesting is conditioned on Joanne C. Wu’s continued employment with Mission Produce on each of those vesting dates, aligning the award with long-term service and retention.
Is the Mission Produce Form 4 for Joanne C. Wu a stock purchase or a grant?
The Form 4 reflects a grant/award acquisition, not a market purchase. Transaction code “A” and a $0.00 per share price indicate restricted stock units awarded under the 2020 Incentive Award Plan, rather than shares bought on the open market.
Under which plan were Joanne C. Wu’s Mission Produce RSUs granted?
The restricted stock units were granted under Mission Produce’s 2020 Incentive Award Plan. The footnote explains that each RSU represents a contingent right to receive one share of common stock, subject to the specified three-year vesting schedule and continued employment requirements.