Calavo Growers (CVGW) director converts 4,259 RSUs, now holds over 350k shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
CALAVO GROWERS INC director J. Link Leavens exercised equity awards and updated his holdings. On April 23, 2026, he exercised 4,259 Restricted Stock Units, receiving the same number of common shares at a stated price of $0.00 per share.
After this exercise, Leavens directly owns 89,858 shares of common stock. He also indirectly owns 266,413 shares held in the names of various partnerships where he shares voting and investment power, as described in the footnotes. Each restricted stock unit represents a contingent right to receive one Calavo common share, with vesting tied to a one-year anniversary of grant or the company’s 2026 annual meeting of shareholders.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,259 shares exercised/converted
Mixed
3 txns
Insider
LEAVENS J LINK
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,259 | $0.00 | -- |
| Exercise | Common Stock | 4,259 | $0.00 | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 89,858 shares (Direct, null);
Common Stock — 266,413 shares (Indirect, See footnote)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of CVGW common stock. Shares indirectly owned by Reporting Person in the name of various partnerships of which Reporting Person shares voting and investment power with respect to these shares held by such partnerships. 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
Exercise price: $0.00 per share
Direct holdings after: 89,858 shares
+2 more
5 metrics
RSUs exercised
4,259 units
Restricted Stock Units converted to common stock on April 23, 2026
Exercise price
$0.00 per share
Stated price for RSU conversion to common stock
Direct holdings after
89,858 shares
Common stock directly owned following the reported transactions
Indirect holdings after
266,413 shares
Common stock indirectly owned through partnerships with shared voting and investment power
Exercise events
1 exercise
Single derivative exercise transaction recorded in the summary
Key Terms
Restricted Stock Units, derivative security, indirectly owned, voting and investment power
4 terms
Restricted Stock Units financial
"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..."
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.
derivative security financial
"transaction_code_description": "Exercise or conversion of derivative security""
A derivative security is a financial contract whose value comes from the price or performance of something else, such as a stock, bond, commodity, or market index. For investors it acts like an insurance policy or a wager: it can be used to protect against losses, lock in prices, or amplify gains and losses, so it can change a portfolio’s risk and potential return without owning the underlying asset directly.
indirectly owned financial
"Shares indirectly owned by Reporting Person in the name of various partnerships..."
voting and investment power financial
"of which Reporting Person shares voting and investment power with respect to these shares held by such partnerships."
FAQ
What did Calavo Growers (CVGW) director J. Link Leavens report on this Form 4?
Leavens reported exercising 4,259 Restricted Stock Units into Calavo Growers common stock. This derivative exercise increased his directly held shares and is a routine equity compensation event, not an open-market stock purchase or sale.
What exactly was exercised in J. Link Leavens’ Calavo Growers (CVGW) Form 4 filing?
Leavens exercised 4,259 Restricted Stock Units, each representing a contingent right to receive one Calavo Growers common share. The exercise converted all 4,259 units into common stock at a stated price of $0.00 per share, eliminating that RSU position.
Are the Calavo Growers (CVGW) Form 4 transactions open-market buys or sells?
The filing shows a derivative exercise, not open-market trading. Leavens converted 4,259 Restricted Stock Units into common stock. No open-market purchase or sale price is reported, indicating this is equity compensation vesting rather than discretionary stock trading.
How are J. Link Leavens’ indirect Calavo Growers (CVGW) holdings structured?
Indirect holdings total 266,413 Calavo Growers shares held in various partnerships. The footnotes state Leavens shares voting and investment power over these shares, meaning control is shared with other partners rather than held solely in his personal name.
How do Leavens’ Calavo Growers (CVGW) Restricted Stock Units vest?
Each Restricted Stock Unit represents one Calavo share and fully vests on the earlier of the one-year anniversary of the grant date or Calavo Growers’ 2026 annual shareholder meeting, provided that meeting occurs on or after April 8, 2026.