Calavo CFO stock converted in Mission Produce merger

Rhea-AI Filing Summary

Calavo Growers Inc.’s Chief Financial Officer, James E. Snyder, reported an automatic disposition of company stock tied to a merger with Mission Produce, Inc. The Form 4 shows 5,157 shares of Calavo common stock were disposed of in a transaction coded as a disposition to the issuer, leaving him with zero directly held Calavo shares.

According to the merger agreement, each Calavo share is being converted into the right to receive 0.9790 shares of Mission Produce common stock plus $14.85 in cash, with additional cash paid in lieu of fractional shares. This reflects a structural change in ownership due to the merger, rather than an open-market trade.

Insider Trade Summary

Disposition: 5,157 shares

Disposition 1 txn

Insider Snyder James E

Role Chief Financial Officer

Type	Security	Shares	Price	Value
Disposition	Common Stock	5,157	$0.00	$0.00

Holdings After Transaction: Common Stock — 0 shares (Direct)

Footnotes (1)

1. F1. The shares were disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 14, 2026, by and among Calavo Growers, Inc. ("Calavo") Mission Produce, Inc. ("Mission Produce"), Cantaloupe Merger Sub I, Inc. and Cantaloupe Merger Sub II, LLC. Pursuant to the Merger Agreement, at the First Effective Time (as defined in the Merger Agreement), each share of common stock, par value $0.001 per share, of Calavo was converted into the right to receive (i) 0.9790 shares of common stock, par value $0.001 per share, of Mission Produce and cash in lieu of fractional shares and (ii) $14.85 in cash, without interest.

Key Figures

Shares disposed: 5,157 shares Stock exchange ratio: 0.9790 shares Cash consideration per share: $14.85 per share +1 more

4 metrics

Shares disposed 5,157 shares Common stock disposition to issuer under merger

Stock exchange ratio 0.9790 shares Mission Produce common stock per Calavo share

Cash consideration per share $14.85 per share Cash portion of merger consideration for each Calavo share

Post-transaction Calavo holdings 0 shares Snyder’s directly held Calavo common stock after disposition

Key Terms

Agreement and Plan of Merger, First Effective Time, par value $0.001 per share

3 terms

Agreement and Plan of Merger regulatory

"The shares were disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 14, 2026, by and among Calavo Growers, Inc."

An Agreement and Plan of Merger is a formal document where two companies agree to combine into one, outlining how the process will happen. It’s like a step-by-step plan for merging, and it matters because it shows both sides have agreed on the details before the official transition takes place.

First Effective Time regulatory

"Pursuant to the Merger Agreement, at the First Effective Time (as defined in the Merger Agreement), each share of common stock ... was converted"

par value $0.001 per share financial

"each share of common stock, par value $0.001 per share, of Calavo was converted into the right to receive"

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What insider transaction did Calavo Growers (CVGW) report for James E. Snyder?

Calavo Growers reported that Chief Financial Officer James E. Snyder disposed of 5,157 shares of Calavo common stock. The disposition was coded as a transfer to the issuer and occurred in connection with Calavo’s merger with Mission Produce, rather than through an open-market sale.

How many Calavo Growers (CVGW) shares were involved in the CFO’s Form 4 filing?

The Form 4 shows 5,157 shares of Calavo common stock were disposed of. After this merger-related transaction, Snyder held zero shares of Calavo directly, reflecting the conversion of his holdings as part of the agreement with Mission Produce.

Was the Calavo Growers (CVGW) CFO’s transaction an open-market sale?

No, the transaction was not an open-market sale. It was coded as a disposition to the issuer and occurred pursuant to the merger agreement with Mission Produce, under which Calavo shares were automatically converted into cash and Mission Produce stock at closing.

What did Calavo Growers (CVGW) shareholders receive in the Mission Produce merger?

Each Calavo share was converted into the right to receive 0.9790 shares of Mission Produce common stock plus $14.85 in cash. Shareholders also receive cash in lieu of any fractional Mission Produce shares that would otherwise be issuable in the transaction.

What is the significance of the First Effective Time in the Calavo (CVGW) merger?

The First Effective Time is the moment defined in the merger agreement when Calavo shares are converted. At that time, each Calavo common share becomes a right to receive Mission Produce stock and cash, formally completing the exchange for shareholders, including the CFO.

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

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Accepted by SEC EDGAR 05/28/2026 - 09:37 PM EDT Learn about SEC filing dates

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

X

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^*

Snyder James E

(Last) (First) (Middle)

1141A CUMMINGS ROAD

(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)

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

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
05/28/2026

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	05/28/2026		D(1)		5,157	D	(1)	0	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

Explanation of Responses:

1. The shares were disposed of pursuant to the Agreement and Plan of Merger (the "Merger Agreement"), dated as of January 14, 2026, by and among Calavo Growers, Inc. ("Calavo") Mission Produce, Inc. ("Mission Produce"), Cantaloupe Merger Sub I, Inc. and Cantaloupe Merger Sub II, LLC. Pursuant to the Merger Agreement, at the First Effective Time (as defined in the Merger Agreement), each share of common stock, par value $0.001 per share, of Calavo was converted into the right to receive (i) 0.9790 shares of common stock, par value $0.001 per share, of Mission Produce and cash in lieu of fractional shares and (ii) $14.85 in cash, without interest.

	/s/ James Snyder	05/28/2026
	** 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)