STOCK TITAN
  1. Home
  2. Sec-filings
  3. AVO
  4. [Form 4] Mission Produce, Inc. Insider Trading Activity

Mission Produce (AVO) insiders report 201,176-share indirect stock sale

Filing Impact
(Very High)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Mission Produce, Inc. reports that entities associated with director and ten percent owner Luis A. Gonzalez and his spouse, ten percent owner Rosario del Pilar Vallejos Hinojosa, sold a total of 201,176 shares of common stock indirectly through Beldar Enterprises on September 18–20, 2024, in open-market or private transactions at weighted average prices of $13.3157, $13.5309 and $13.5266 per share, with individual trades priced between $13.25–$13.405, $13.50–$13.59 and $13.50–$13.57, respectively. Footnotes state Ms. Vallejos Hinojosa has full pecuniary interest in Beldar’s shares, while both share voting and dispositive power. The filing also reports corrected post-transaction holdings for Panamanian corporations Corp SA 1–4 of 309,999, 295,000, 310,000 and 111,001 shares, plus 32,423 shares held directly.

Positive

  • None.

Negative

  • None.

Insights

Analyzing...

Insider Gonzalez Luis A, Vallejos Hinojosa Rosario del Pilar
Role Director, 10% Owner | 10% Owner
Sold 201,176 shs ($2.71M)
Type Security Shares Price Value
Sale COMMON STOCK F4, F5, F2 67,344 $13.5266 $911K
Sale COMMON STOCK F3, F2 72,424 $13.5309 $980K
Sale COMMON STOCK F1, F2 61,408 $13.3157 $818K
holding COMMON STOCK F6, F7 -- -- --
holding COMMON STOCK F7 -- -- --
holding COMMON STOCK F7 -- -- --
holding COMMON STOCK F6, F7 -- -- --
holding COMMON STOCK -- -- --
Holdings After Transaction: COMMON STOCK — 7,008,465 shares (Indirect, BY BELDAR ENTERPRISES); COMMON STOCK — 309,999 shares (Indirect, BY CORP SA 1); COMMON STOCK — 295,000 shares (Indirect, BY CORP SA 2); COMMON STOCK — 310,000 shares (Indirect, BY CORP SA 3); COMMON STOCK — 111,001 shares (Indirect, BY CORP SA 4); COMMON STOCK — 32,423 shares (Direct)
Footnotes (7)
  1. F1. The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $13.25 to $13.405, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
  2. F2. Luis Gonzalez and Rosario Del Pilar Vallejos Hinojosa share power to vote and dispose the shares held by Beldar Enterprises. Ms. Vallejos Hinojosa has full pecuniary interest in the shares held by Beldar Enterprises. Luis Gonzalez does not have any direct pecuniary interest in these shares.
  3. F3. The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $13.50 to $13.59, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
  4. F4. The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $13.50 to $13.57, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
  5. F5. Reflects holdings after the reported transactions, which differ from current holdings.
  6. F6. The Form 4 filed for the May 13, 2024 sale transactions by these entities erred in that it understated the SA1 sale amount by one share, and overstated the SA4 sale amount SA4 by one share. The holdings reported herein are the corrected holdings for these entities.
  7. F7. Luis A. Gonzalez, a director of Issuer, and his spouse Rosario Del Pilar Vallejos Hinojosa, indirectly share the power to vote and dispose of the shares held by each of Corp SA 1, Corp SA 2, Corp SA 3, and Corp SA 4, corporations organized under the laws of Panama, and have shared pecuniary interest in these shares during their lifetimes.
Total shares sold 201,176 shares Indirect sales of common stock by Beldar Enterprises on Sept 18–20, 2024
Sale on 2024-09-18 61,408 shares at $13.3157 Weighted average price; trades between $13.25 and $13.405 per share
Sale on 2024-09-19 72,424 shares at $13.5309 Weighted average price; trades between $13.50 and $13.59 per share
Sale on 2024-09-20 67,344 shares at $13.5266 Weighted average price; trades between $13.50 and $13.57 per share
Corp SA 1 holdings 309,999 shares Indirect common stock holdings after corrected May 13, 2024 sale amounts
Direct holdings 32,423 shares Common stock held directly as reflected in a 2024-09-18 holding entry
pecuniary interest financial
"has full pecuniary interest in the shares held by Beldar Enterprises"
average weighted price financial
"The price reported is the average weighted price."
share the power to vote and dispose financial
"indirectly share the power to vote and dispose of the shares held by each of Corp SA 1"
corporations organized under the laws of Panama regulatory
"Corp SA 1, Corp SA 2, Corp SA 3, and Corp SA 4, corporations organized under the laws of Panama"

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google
Form 4 Insider Transactions: What Each Field Means →

FAQ

What insider stock sales did Mission Produce (AVO) disclose for September 18–20, 2024?
Mission Produce reported that Beldar Enterprises, associated with insiders Luis A. Gonzalez and Rosario del Pilar Vallejos Hinojosa, sold 201,176 common shares over September 18–20, 2024. These were indirect sales reported under a joint Form 4 for the two ten percent owners.

Who has economic interest in the Mission Produce (AVO) shares sold through Beldar Enterprises?
Footnotes state that Gonzalez and Vallejos Hinojosa share power to vote and dispose of Beldar’s shares, but Ms. Vallejos Hinojosa has full pecuniary interest. Gonzalez is reported as having no direct pecuniary interest in the Beldar-held shares.

At what prices were the Mission Produce (AVO) shares sold in this Form 4?
The 201,176 shares were sold at weighted average prices of $13.3157, $13.5309 and $13.5266 per share. Footnotes explain that individual trades occurred in ranges from $13.25–$13.405, $13.50–$13.59 and $13.50–$13.57, respectively.

What indirect holdings in Mission Produce (AVO) do Corp SA 1–4 report after the correction?
Panamanian corporations associated with the insiders report post-correction holdings of 309,999 shares for Corp SA 1, 295,000 for Corp SA 2, 310,000 for Corp SA 3 and 111,001 for Corp SA 4. Gonzalez and Vallejos Hinojosa share voting and pecuniary interests in these shares.

How many Mission Produce (AVO) shares are reported as held directly in this Form 4?
A holding entry reports 32,423 common shares held directly as of September 18, 2024. This direct position is separate from the larger indirect holdings reported for Beldar Enterprises and the four Panamanian corporations.

Does this Mission Produce (AVO) Form 4 indicate use of a Rule 10b5-1 trading plan?
The Rule 10b5-1 checkbox is not marked and the footnotes do not reference any trading plan. The reported 201,176-share sale sequence is therefore not identified here as being executed under a pre-arranged Rule 10b5-1 plan.
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Gonzalez Luis A
(Last)(First)(Middle)
C/O MISSION PRODUCE
2710 CAMINO DEL SOL
(Street)
OXNARD CALIFORNIA 93030
(City)(State)(Zip)
UNITED STATES
(Country)		2. Issuer Name and Ticker or Trading Symbol
Mission Produce, Inc. [ AVO ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
09/18/2024		6. Individual or Joint/Group Filing (Check Applicable Line)
Form filed by One Reporting Person
XForm filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
COMMON STOCK09/18/2024S61,408D$13.3157(1)7,148,233I(2)BY BELDAR ENTERPRISES
COMMON STOCK09/19/2024S72,424D$13.5309(3)7,075,809I(2)BY BELDAR ENTERPRISES
COMMON STOCK09/20/2024S67,344D$13.5266(4)7,008,465(5)I(2)BY BELDAR ENTERPRISES
COMMON STOCK309,999(6)I(7)BY CORP SA 1
COMMON STOCK295,000I(7)BY CORP SA 2
COMMON STOCK310,000I(7)BY CORP SA 3
COMMON STOCK111,001(6)I(7)BY CORP SA 4
COMMON STOCK32,423D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
1. Name and Address of Reporting Person*
Gonzalez Luis A
(Last)(First)(Middle)
C/O MISSION PRODUCE
2710 CAMINO DEL SOL
(Street)
OXNARD CALIFORNIA 93030
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
XDirectorX10% Owner
Officer (give title below)Other (specify below)
1. Name and Address of Reporting Person*
Vallejos Hinojosa Rosario del Pilar
(Last)(First)(Middle)
C/O MISSION PRODUCE, INC.
2710 CAMINO DEL SOL
(Street)
OXNARD CALIFORNIA 93030
(City)(State)(Zip)
UNITED STATES
(Country)
Relationship of Reporting Person(s) to Issuer
DirectorX10% Owner
Officer (give title below)Other (specify below)
Explanation of Responses:
1. The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $13.25 to $13.405, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
2. Luis Gonzalez and Rosario Del Pilar Vallejos Hinojosa share power to vote and dispose the shares held by Beldar Enterprises. Ms. Vallejos Hinojosa has full pecuniary interest in the shares held by Beldar Enterprises. Luis Gonzalez does not have any direct pecuniary interest in these shares.
3. The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $13.50 to $13.59, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
4. The price reported is the average weighted price. The shares were sold in multiple transactions at prices ranging from $13.50 to $13.57, inclusive. The reporting person undertakes to provide to the SEC, the Issuer and any security holder, the full information regarding the number of shares and the prices at which the shares were sold.
5. Reflects holdings after the reported transactions, which differ from current holdings.
6. The Form 4 filed for the May 13, 2024 sale transactions by these entities erred in that it understated the SA1 sale amount by one share, and overstated the SA4 sale amount SA4 by one share. The holdings reported herein are the corrected holdings for these entities.
7. Luis A. Gonzalez, a director of Issuer, and his spouse Rosario Del Pilar Vallejos Hinojosa, indirectly share the power to vote and dispose of the shares held by each of Corp SA 1, Corp SA 2, Corp SA 3, and Corp SA 4, corporations organized under the laws of Panama, and have shared pecuniary interest in these shares during their lifetimes.
/s/ Joanne C. Wu, Attorney-in-Fact for Luis A. Gonzalez08/04/2026
/s/ Joanne C. Wu, Attorney-in-Fact for Rosario Del Pila Vallejos Hinojosa08/04/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR