Director at Calavo Growers (CVGW) converts 4,259 RSUs to shares

Rhea-AI Filing Summary

Calavo Growers director Steve Hollister exercised 4,259 restricted stock units, receiving the same number of common shares at a stated price of $0.00 per share. Following the transaction, he directly holds 48,110 shares of Calavo Growers common stock.

Each restricted stock unit represents a contingent right to receive one share of common stock and fully vests on the earlier of the one-year anniversary of the grant date or Calavo Growers’ 2026 annual meeting of shareholders, provided that meeting occurs on or after April 8, 2026.

Insider Trade Summary

4,259 shares exercised/converted

Mixed 2 txns

Insider Hollister Steve

Role null

Type	Security	Shares	Price	Value
Exercise	Restricted Stock Units	4,259	$0.00	--
Exercise	Common Stock	4,259	$0.00	--

Holdings After Transaction: Restricted Stock Units — 0 shares (Direct, null); Common Stock — 48,110 shares (Direct, null)

Footnotes (1)

1. Each restricted stock unit represents a contingent right to receive one share of CVGW common stock. The restricted stock units fully vest on the date of that is the earlier of (i) the one-year anniversary of the date of grant, or (ii) Calavo Growers, Inc.'s 2026 annual meeting of shareholders provided such annual meeting occurs on or after April 8, 2026.

Key Figures

RSUs exercised: 4,259 units/shares Shares held after transaction: 48,110 shares Exercise price: $0.00 per share +2 more

5 metrics

RSUs exercised 4,259 units/shares Restricted stock units converted to common stock on April 23, 2026

Shares held after transaction 48,110 shares Direct holdings of Steve Hollister following Form 4 transaction

Exercise price $0.00 per share Stated conversion price for the 4,259 restricted stock units

Exercise transactions 1 exercise, 4,259 shares Aggregate derivative exercise activity in transaction summary

Acquire transactions 2 acquire entries Two acquire-direction records: one non-derivative, one derivative

Key Terms

Restricted Stock Units, contingent right, annual meeting of shareholders, Exercise or conversion of derivative security

4 terms

Restricted Stock Units financial

"The restricted stock units fully vest on the date of that is the earlier of..."

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.

contingent right financial

"Each restricted stock unit represents a contingent right to receive one share..."

annual meeting of shareholders financial

"Calavo Growers, Inc.'s 2026 annual meeting of shareholders provided such annual meeting occurs..."

A yearly gathering where a company’s owners (shareholders) vote on key items like electing the board, approving executive pay, and ratifying auditors, and receive updates on performance and strategy. Think of it as an annual town hall for owners: it matters to investors because outcomes and disclosures can affect leadership, corporate direction, dividend and governance policies, and therefore the company’s risk and potential return.

Exercise or conversion of derivative security financial

"transaction_code_description: Exercise or conversion of derivative security"

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED 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^*

Hollister Steve

(Last) (First) (Middle)

C/O CALAVO GROWERS, INC.

1141-A CUMMINGS RD.

(Street)

SANTA PAULA CALIFORNIA 93060

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
CALAVO GROWERS INC [ CVGW ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
	Officer (give title below)		Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/23/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form 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)
			Code	V	Amount	(A) or (D)	Price
Common Stock	04/23/2026		M		4,259	A	(1)	48,110	D

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)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Stock Units	(1)	04/23/2026		M			4,259	(2)	(2)	Common Stock	4,259	$0	0	D

Explanation of Responses:

1. Each restricted stock unit represents a contingent right to receive one share of CVGW common stock.

2. The restricted stock units fully vest on the date of that is the earlier of (i) the one-year anniversary of the date of grant, or (ii) Calavo Growers, Inc.'s 2026 annual meeting of shareholders provided such annual meeting occurs on or after April 8, 2026.

	/s/ Steven Hollister	04/24/2026
	** Signature of Reporting Person	Date
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)

FAQ

What insider transaction did Calavo Growers (CVGW) director Steve Hollister report?

Steve Hollister reported exercising 4,259 restricted stock units into 4,259 common shares. This is a derivative exercise, not an open-market purchase or sale, and reflects equity compensation being converted into directly held Calavo Growers common stock.

How many Calavo Growers (CVGW) shares does Steve Hollister hold after this Form 4?

After the reported transactions, Steve Hollister directly holds 48,110 shares of Calavo Growers common stock. This total includes the 4,259 shares he received upon exercising restricted stock units reported in the Form 4 filing.

What are the terms of Steve Hollister’s restricted stock units at Calavo Growers (CVGW)?

Each restricted stock unit gives a contingent right to receive one share of Calavo Growers common stock. The units fully vest on the earlier of the one-year anniversary of the grant date or the company’s 2026 annual shareholder meeting, if that meeting occurs on or after April 8, 2026.

Did Steve Hollister buy or sell Calavo Growers (CVGW) shares on the open market?

The Form 4 shows no open-market buys or sells. Instead, it reports an M-code transaction where restricted stock units were exercised or converted into 4,259 common shares, a standard compensation-related equity conversion rather than a market trade.

What does transaction code M mean in this Calavo Growers (CVGW) Form 4?

Transaction code M indicates an exercise or conversion of a derivative security. In this case, restricted stock units were converted into 4,259 shares of Calavo Growers common stock, with no tax-withholding or sale transactions disclosed in the summarized data.

Were any restricted stock units remaining for Steve Hollister after this Calavo Growers (CVGW) transaction?

The derivative position shown for these restricted stock units is reduced to zero after the exercise of 4,259 units. The filing’s data indicate no remaining units of this specific RSU award following the reported conversion into common shares.