Mission Produce awards 31,554 RSUs to chairman
Barnard Stephen J reported acquisition or exercise transactions in this Form 4 filing.
Rhea-AI Filing Summary
Barnard Stephen J reported acquisition or exercise transactions in this Form 4 filing.
Mission Produce Executive Chairman Stephen J. Barnard reported an equity award of 31,554 restricted stock units (RSUs) of common stock. The RSUs were granted at no cash cost and each unit represents the right to receive one common share if vesting conditions are met.
The award was granted under the 2020 Incentive Award Plan and vests in two equal installments on April 9, 2027 and April 9, 2028, subject to his continued employment on each vesting date. Following this grant, Barnard directly holds 287,459 common shares, with additional indirect holdings through trusts and an LLC noted in the filing.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 31,554 shares
Grant/Award
4 txns
Insider
Barnard Stephen J
Role
Executive Chairman
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 31,554 | $0.00 | $0.00 |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 287,459 shares (Direct);
COMMON STOCK — 1,784,794 shares (Indirect, STEPHEN J. BARNARD GT TRUST);
COMMON STOCK — 1,784,794 shares (Indirect, SHELLY R. BARNARD GT TRUST);
COMMON STOCK — 50,062 shares (Indirect, BARNARD PROPERTIES, LLC)
Footnotes (2)
- F1. Represents restricted stock units ("RSUs") granted under the 2020 Incentive Award Plan. Each RSU represents the contingent right to receive one share of Common Stock of the Issuer. The RSUs vest in two equal installments on each of April 9, 2027 and 2028, subject to the Reporting Person's continued employment on each applicable vesting date.
- F2. Mr. Barnard and his spouse are co-trustees with shared power to vote and dispose of the shares. Mr. Barnard disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest.
Key Figures
RSUs granted: 31,554 RSUs
Grant price: $0.00 per unit
Direct shares after grant: 287,459 shares
+5 more
8 metrics
RSUs granted
31,554 RSUs
Equity award of common stock RSUs granted on April 9, 2026
Grant price
$0.00 per unit
Reported transaction price per RSU for the equity award
Direct shares after grant
287,459 shares
Direct Mission Produce common shares held following the RSU award
Stephen J. Barnard GT Trust holding
1,784,794 shares
Indirect common stock holding through Stephen J. Barnard GT Trust
Shelly R. Barnard GT Trust holding
1,784,794 shares
Indirect common stock holding through Shelly R. Barnard GT Trust
Barnard Properties, LLC holding
50,062 shares
Indirect common stock holding through Barnard Properties, LLC
First vesting date
April 9, 2027
Date when half of the RSUs are scheduled to vest
Second vesting date
April 9, 2028
Date when remaining RSUs are scheduled to vest
Key Terms
restricted stock units, RSUs, 2020 Incentive Award Plan, contingent right, +2 more
6 terms
restricted stock units financial
"Represents restricted stock units ("RSUs") granted under the 2020 Incentive Award Plan."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
RSUs financial
"Each RSU represents the contingent right to receive one share of Common Stock"
RSUs, or restricted stock units, are a form of company shares given to employees as part of their compensation. They are typically awarded with certain restrictions, such as a waiting period before they can be fully owned or sold, similar to earning a gift that becomes fully yours over time. For investors, RSUs can impact a company's stock offerings and reflect how much the company relies on stock-based incentives to attract and retain talent.
2020 Incentive Award Plan financial
"RSUs granted under the 2020 Incentive Award Plan."
contingent right financial
"Each RSU represents the contingent right to receive one share of Common Stock"
co-trustees financial
"Mr. Barnard and his spouse are co-trustees with shared power to vote and dispose"
beneficial ownership financial
"Mr. Barnard disclaims beneficial ownership of these shares, except to the extent of his pecuniary interest."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did Stephen J. Barnard report at Mission Produce (AVO)?
Stephen J. Barnard reported receiving 31,554 restricted stock units (RSUs) of Mission Produce common stock as an equity award. The units were granted at no cash cost and are tied to future vesting dates, reflecting compensation rather than an open-market share purchase.
How many Mission Produce RSUs did Stephen J. Barnard receive and when do they vest?
He received 31,554 restricted stock units that vest in two equal installments on April 9, 2027 and April 9, 2028. Vesting is contingent on his continued employment with Mission Produce on each vesting date, aligning the award with longer-term service.
Are Stephen J. Barnard’s new Mission Produce RSUs an open-market purchase?
No, the 31,554 restricted stock units were granted under Mission Produce’s 2020 Incentive Award Plan as a compensation award, at a reported price of $0.00 per unit. This differs from buying shares on the open market with personal funds.
What are restricted stock units (RSUs) in the context of Mission Produce’s 2020 Incentive Award Plan?
Restricted stock units are awards that represent the right to receive one Mission Produce common share per unit upon vesting. Under the 2020 Incentive Award Plan, Barnard’s RSUs vest over time and require continued employment, linking executive compensation to future company and service performance.
AI-generated analysis. How Rhea-AI works. Not financial advice.
