Mission Produce (AVO) director granted RSUs and merger shares in Calavo deal
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Mission Produce director Kathleen M. Holmgren reported equity awards linked to the Calavo merger and board compensation. On May 28, 2026, she acquired 26,384 shares of Mission Produce common stock, received under the Agreement and Plan of Merger with Calavo Growers. She also received a grant of 7,440 restricted stock units under the Non-Employee Director Compensation Program, with each RSU representing one share of common stock. These RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next annual meeting, subject to her continued service. Following these transactions, Holmgren directly holds 33,824 shares of common stock and 7,440 RSUs.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
HOLMGREN KATHLEEN M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 7,440 | $0.00 | -- |
| Grant/Award | COMMON STOCK | 26,384 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 7,440 shares (Direct, null)
Footnotes (1)
- Represents restricted stock units (RSUs) granted pursuant to the Non-Employee Director Compensation Program. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of the applicable grant date and (ii) the date of the next Annual Meeting following the grant date, subject to the Reporting Person's continued service through the vesting date. Represents 26,384 shares of Mission Produce, Inc. (Mission Produce) common stock received by the Reporting Person pursuant to the Agreement and Plan of Merger (the Merger Agreement), dated as of January 14, 2026, by and among Calavo Growers, Inc. (Calavo), Mission Produce, Cantaloupe Merger Sub I, Inc. and Cantaloupe Merger Sub II, LLC. Pursuant to the Merger Agreement, at the First Effective Time (as defined in the Merger Agreement), each share of common stock, par value $0.001 per share, of Calavo was converted into the right to receive (i) 0.9790 shares of common stock, par value $0.001 per share, of Mission Produce and cash in lieu of fractional shares and (ii) $14.85 in cash, without interest.
Key Figures
Merger shares received: 26,384 shares
RSU grant size: 7,440 RSUs
Post-transaction common shares: 33,824 shares
+2 more
5 metrics
Merger shares received
26,384 shares
Mission Produce common stock received via Calavo merger conversion
RSU grant size
7,440 RSUs
Non-Employee Director Compensation Program grant on May 28, 2026
Post-transaction common shares
33,824 shares
Common stock directly held after reported transactions
Calavo cash consideration
$14.85 per share
Cash portion of consideration for each Calavo share in merger
Stock exchange ratio
0.9790 shares
Mission Produce shares per Calavo share under merger agreement
Key Terms
restricted stock units (RSUs), Non-Employee Director Compensation Program, Agreement and Plan of Merger, First Effective Time, +1 more
5 terms
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) granted pursuant to the Non-Employee Director Compensation Program."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Non-Employee Director Compensation Program financial
"RSUs granted pursuant to the Non-Employee Director Compensation Program."
Agreement and Plan of Merger financial
"received by the Reporting Person pursuant to the Agreement and Plan of Merger (the Merger Agreement)"
An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.
First Effective Time financial
"Pursuant to the Merger Agreement, at the First Effective Time (as defined in the Merger Agreement)"
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock."
FAQ
What insider transactions did Mission Produce (AVO) director Kathleen Holmgren report?
Director Kathleen Holmgren reported acquiring 26,384 Mission Produce common shares and 7,440 restricted stock units. The shares were received through the Calavo merger, while the RSUs were granted under the Non-Employee Director Compensation Program as equity-based board compensation.
What are the terms of Kathleen Holmgren’s restricted stock units in Mission Produce (AVO)?
Holmgren’s restricted stock units were granted under the Non-Employee Director Compensation Program. Each RSU equals one Mission Produce common share and vests in full on the earlier of the one-year anniversary of the grant date or the next annual meeting, subject to continued board service.
How did the Calavo Growers merger affect Kathleen Holmgren’s Mission Produce (AVO) holdings?
Under the Calavo–Mission Produce merger agreement, each Calavo share converted into Mission Produce stock and cash. Holmgren received 26,384 Mission Produce common shares as part of this conversion, plus related cash consideration, reflecting her prior Calavo equity position under the merger terms.
Are Kathleen Holmgren’s recent Mission Produce (AVO) transactions open‑market purchases or compensation-related?
The reported transactions are compensation and merger-related, not open‑market buys. She received 26,384 shares through the Calavo merger conversion and 7,440 restricted stock units as a board compensation grant, both recorded at a transaction price of zero per share in the filing.