Mission Produce (AVO) Director Luis A. Gonzalez Sells Shares

What Happened

• Luis A. Gonzalez, a director of Mission Produce, sold a total of 34,022 shares in late December 2024. On 2024-12-30 he sold 18,278 shares at an average price of $14.49 (proceeds ~$264,859) and on 2024-12-31 he sold 15,744 shares at an average price of $14.48 (proceeds ~$228,006), for aggregate proceeds of about $492,865. These were sale transactions (S) reported on an amended Form 4.

Key Details

• Transaction dates and prices:
  • 2024-12-30: 18,278 shares sold at weighted avg $14.49 (prices ranged $14.48–$14.52). Proceeds ≈ $264,859. (Footnote F2)
  • 2024-12-31: 15,744 shares sold at weighted avg $14.48 (prices ranged $14.48–$14.495). Proceeds ≈ $228,006. (Footnote F6)
• Plan/authorization: Sales were made pursuant to a 10b5‑1(c) trading plan adopted on September 26, 2024 (Footnote F1).
• Ownership/agency notes: Gonzalez and his spouse share voting/disposal power over shares held by related entities (Beldar Enterprises and several Panama corps); some shares are held beneficially by his spouse, and Gonzalez may not have direct pecuniary interest in all entity-held shares (Footnotes F3, F7).
• Corrections/amendment: This filing is an amendment. It corrects prior Form 4 reporting — one sale was originally misattributed to CORP SA2 but was by Beldar Enterprises, and a previously reported share count was corrected (Footnotes F4, F5).
• Shares owned after transaction: Not specified in the provided excerpt; the Form 4/A notes holdings are as of the transaction dates.
• Timeliness: This is an amended filing (filed 2026-08-04) reporting transactions from Dec 2024, indicating the report was amended/late.

Context

• Sales under a 10b5‑1 plan are typically pre-authorized and often routine rather than a contemporaneous signal of the insider’s view. As a director and a reported 10% owner with shared control over entity-held shares, some disposals reflect entity arrangements rather than direct personal stock sales. Purchases generally carry more informational weight for bullish signals than routine or plan-based sales.