LEAVENS J LINK 4

4 · CALAVO GROWERS INC · Filed May 28, 2026

AI-generated summary of this filing

Updated May 29, 2026

Calavo Growers (CVGW) Director J. Link Leavens Sells Shares

What Happened

J. Link Leavens, a director of Calavo Growers, disposed of a total of 356,271 shares of Calavo common stock on 2026-05-28. The filing records two dispositions to the issuer (D): 89,858 shares and 266,413 shares.
Per the Merger Agreement, each Calavo share converted into $14.85 in cash (no interest) plus 0.9790 shares of Mission Produce stock; the cash component on 356,271 shares is approximately $5,290,624.35. This was a merger-related disposition, not an open-market sale.

Key Details

Transaction date: 2026-05-28 (two dispositions: 89,858 and 266,413 shares).
Consideration: $14.85 cash per Calavo share plus 0.9790 Mission Produce shares per Calavo share (stock portion value depends on Mission's market price).
Transaction type: Disposition to issuer (code D) as part of the Agreement and Plan of Merger dated Jan 14, 2026 (footnote F1).
Shares owned after transaction: Not explicitly detailed in this Form 4; footnote F2 notes some shares were indirectly held via partnerships where the reporting person shares voting/investment power.
Filing timeliness: Reported on 2026-05-28 (same day as the transaction date), indicating a timely filing.

Context

This disposition was driven by a corporate merger (Calavo into Mission Produce), where shareholders received a mix of cash and acquirer stock. Such merger conversions are routine corporate actions and differ from voluntary insider sell-offs in the open market.
Retail investors should view this as a merger-related conversion of holdings rather than a personal liquidity-driven sale; the reporting form is informational and does not imply management’s view on future share performance.

Form 4Exit

Period: 2026-05-28

Director

Transactions

Disposition to Issuer
Common Stock
[F1]
2026-05-28−89,858→ 0 total
Disposition to Issuer
Common Stock
[F1][F2]
2026-05-28−266,413→ 0 total(indirect: See footnote)

Footnotes (2)

[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.
[F2]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.

Signature

/s/ J. Link Leavens|2026-05-28

1 file