Calavo Growers (CVGW) director exercises 4,259 RSUs into shares
Filing Impact
Filing Sentiment
Form Type
4
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.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,259 shares exercised/converted
Mixed
3 txns
Insider
Mendizabal Adriana
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,259 | $0.00 | -- |
| Exercise | Common Stock | 4,259 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 15,480 shares (Direct, null)
Footnotes (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. 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.
FAQ
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.
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.
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.