Mission Produce (NASDAQ: AVO) director receives 8,240-share RSU equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Stone Douglas M reported acquisition or exercise transactions in this Form 4 filing.
Mission Produce, Inc. director Douglas M. Stone reported an equity compensation grant of 8,240 shares of common stock in the form of restricted stock units (RSUs). Following this award, he directly holds 11,637 shares of the company’s common stock.
The RSUs were granted under the Non-Employee Director Compensation Program. Each RSU represents a right to receive one share of common stock 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.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Stone Douglas M
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 8,240 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 11,637 shares (Direct)
Footnotes (1)
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Key Figures
RSU grant size: 8,240 shares
Shares held after grant: 11,637 shares
Grant price per share: $0.0000 per share
+2 more
5 metrics
RSU grant size
8,240 shares
Restricted stock units granted on April 9, 2026
Shares held after grant
11,637 shares
Director’s direct holdings following the transaction
Grant price per share
$0.0000 per share
Reported value for RSU grant on Form 4
Transaction nature
Grant, award, or other acquisition
Form 4 transaction code A, non-derivative common stock
Vesting schedule
Earlier of 1 year or next Annual Meeting
RSUs vest subject to continued board service
Key Terms
restricted stock units (RSUs), Non-Employee Director Compensation Program, contingent right, Annual Meeting, +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."
contingent right financial
"Each RSU represents a contingent right to receive one share of Common Stock."
Annual Meeting financial
"the earlier to occur of (i) the one-year anniversary of the applicable grant date and (ii) the date of the next Annual Meeting"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
vesting date financial
"subject to the Reporting Person's continued service through the vesting date."
FAQ
What insider transaction did Mission Produce (AVO) report for Douglas M. Stone?
Mission Produce reported that director Douglas M. Stone received a grant of 8,240 restricted stock units (RSUs) of common stock. This equity award is part of the company’s Non-Employee Director Compensation Program and increases his direct holdings to 11,637 shares after the transaction.
What are the vesting terms of the RSUs granted to the Mission Produce (AVO) director?
The RSUs granted to the director vest in full on the earlier of one year from the grant date or the date of the next Annual Meeting. Vesting is conditioned on the director’s continued service on the board through the applicable vesting date.
Is the Mission Produce (AVO) Form 4 transaction a market purchase or sale?
The Form 4 transaction is a grant or award, not an open-market purchase or sale. It reflects 8,240 restricted stock units granted as part of director compensation, with a reported price per share of $0.0000, indicating a compensation award rather than a cash trade.
What does each RSU in the Mission Produce (AVO) grant represent?
Each RSU in the grant represents a contingent right to receive one share of Mission Produce common stock. The units convert into actual shares only when the vesting conditions are met, specifically service-based vesting tied to time on the board or the next Annual Meeting.
Under which plan were the Mission Produce (AVO) RSUs granted to the director?
The RSUs were granted under Mission Produce’s Non-Employee Director Compensation Program. This program provides equity-based compensation to non-employee directors, aligning their interests with shareholders through stock-based awards that typically vest over a defined service period.