Calavo director exercises 4,259 stock units

Calavo Growers Inc director Adriana Mendizabal exercised restricted stock units into common shares.

Rhea-AI Filing Summary

Calavo Growers Inc director Adriana Mendizabal exercised restricted stock units into common shares. On April 23, 2026, she exercised 4,259 restricted stock units at an exercise price of $0.00 per unit, receiving 4,259 shares of common stock.

After this transaction, she directly holds 15,480 shares of Calavo common stock. Footnotes explain that each restricted stock unit represents a contingent right to receive one share of CVGW common stock and that a separate block of 2,220 restricted stock units relates to common shares whose receipt was previously deferred.

Insider Trade Summary

4,259 shares exercised/converted

Exercise 3 txns

Insider Mendizabal Adriana

Role Director

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

Holdings After Transaction: Restricted Stock Units — 2,220 contracts (Direct); Common Stock — 15,480 shares (Direct)

Footnotes (3)

1. F1. Each restricted stock unit represents a contingent right to receive one share of CVGW common stock.
2. F2. 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.
3. F3. The restricted stock units fully vested on April 23, 2025, and the reporting person's receipt of 2,220 shares of common stock was deferred pursuant to the restricted stock unit award agreement between the reporting person and Calavo Growers, Inc.

Key Figures

RSUs exercised: 4,259 units Exercise price: $0.00 per unit Shares received: 4,259 shares +3 more

6 metrics

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

Exercise price $0.00 per unit Price for exercising 4,259 restricted stock units

Shares received 4,259 shares Common stock received from RSU exercise

Shares held after 15,480 shares Total direct common stock holdings after transactions

Deferred RSU underlying shares 2,220 shares Common shares tied to previously vested but deferred RSU award

Net buy/sell shares 0 shares Transaction summary shows neutral net buy/sell activity

Key Terms

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

4 terms

Restricted Stock Units financial

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

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

"represents a contingent right to receive one share of CVGW common stock"

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.

annual meeting of shareholders financial

"earlier of the one-year anniversary or Calavo Growers, Inc.'s 2026 annual meeting of shareholders"

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.

FAQ

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

What insider transaction did Adriana Mendizabal report at Calavo Growers (CVGW)?

Adriana Mendizabal reported exercising 4,259 restricted stock units into 4,259 shares of Calavo common stock. The exercise price was $0.00 per share, reflecting a conversion of equity awards rather than an open-market purchase or sale of stock.

How many Calavo Growers (CVGW) shares does Adriana Mendizabal hold after this Form 4?

After the reported transactions, Adriana Mendizabal directly holds 15,480 shares of Calavo Growers common stock. This total reflects the 4,259 shares received from exercising restricted stock units on April 23, 2026, combined with her previously held common shares.

What are the key details of the restricted stock units reported by Calavo Growers (CVGW)?

Each restricted stock unit represents a contingent right to receive one share of CVGW common stock. One award of restricted stock units underlying 2,220 shares fully vested on April 23, 2025, with receipt of the common stock deferred under the award agreement with Calavo Growers.

Did the Calavo Growers (CVGW) director sell any shares in this Form 4 filing?

The Form 4 shows no open-market sales by the director. It reports an exercise of 4,259 restricted stock units into common shares and related derivative entries, with net buy/sell activity listed as neutral and no sale transactions recorded in the summary data.

What does the exercise of 4,259 restricted stock units mean for Calavo Growers (CVGW)?

The exercise converts 4,259 restricted stock units into 4,259 common shares at a $0.00 exercise price. This reflects equity compensation vesting for director service rather than a cash purchase, and increases the director’s directly held common stock position at Calavo Growers.

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

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Accepted by SEC EDGAR 04/27/2026 - 02:52 PM 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

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^*

Mendizabal Adriana

(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)	15,480	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
Restricted Stock Units	(1)							(3)	(3)	Common Stock	2,220		2,220	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.

3. The restricted stock units fully vested on April 23, 2025, and the reporting person's receipt of 2,220 shares of common stock was deferred pursuant to the restricted stock unit award agreement between the reporting person and Calavo Growers, Inc.

	/s/ Adriana Mendizabal	04/25/2026
	** 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)