Aslam Farha 4
4 · CALAVO GROWERS INC · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Calavo Growers (CVGW) Director Aslam Farha Sells Shares
What Happened
- Aslam Farha, a director of Calavo Growers, disposed of common shares and had multiple deferred restricted stock units (RSUs) cancelled and converted to cash as part of Calavo's merger with Mission Produce on May 28, 2026. The filing shows three RSU-derived dispositions: 4,259 shares @ $27.69 (=$117,932), 2,220 shares @ $27.69 (=$61,472), and 4,929 shares @ $27.69 (=$136,484) — total cash from those RSU conversions = $315,888. Separately, 7,792 shares of Calavo common stock were converted under the merger consideration (each Calavo share converted into 0.9790 Mission Produce shares plus $14.85 cash per Calavo share); the Form 4 lists the aggregate value for that stock line as N/A.
Key Details
- Transaction date: May 28, 2026 (reported same day in the Form 4).
- Prices/values: RSU conversion price used = $27.69 per share; RSU cash received totaled $315,888. Common-stock conversion included $14.85 cash per share plus 0.9790 Mission shares (7,792 Calavo shares converted; aggregate cash listed as N/A in filing; cash portion ≈ $115,711).
- Shares owned after transaction: not specified in the provided Form 4 information.
- Footnotes: Dispositions were made pursuant to the Agreement and Plan of Merger (Jan 14, 2026); Deferred RSUs were cancelled and converted to cash at $27.69 per share; relevant RSUs had fully vested on 4/23/2026, 4/23/2025, and 11/1/2024 per footnotes.
- Filing timeliness: filing date equals transaction date (no late filing indicated).
Context
- These were merger-related dispositions (not open-market sales): RSUs were cancelled and paid out in cash per the merger terms; outstanding Calavo shares were converted into Mission Produce stock plus a cash component.
- For retail investors: merger-driven conversions and RSU cashouts reflect deal consideration mechanics rather than an independent insider market sale or buy signal.
Insider Transaction Report
Form 4Exit
Aslam Farha
Director
Transactions
- Disposition to Issuer
Common Stock
[F1]2026-05-28−7,792→ 0 total - Disposition to Issuer
Restricted Stock Units
[F2][F3]2026-05-28$27.69/sh−4,259$117,932→ 0 total→ Common Stock (4,259 underlying) - Disposition to Issuer
Restricted Stock Units
[F2][F4]2026-05-28$27.69/sh−2,220$61,472→ 0 total→ Common Stock (2,220 underlying) - Disposition to Issuer
Restricted Stock Units
[F2][F5]2026-05-28$27.69/sh−4,929$136,484→ 0 total→ Common Stock (4,929 underlying)
Footnotes (5)
- [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 ("Calavo Common Stock") 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]Pursuant to the Merger Agreement, each restricted stock unit constituting a Deferred RSU (as defined in the Merger Agreement), was cancelled at the First Effective Time and converted into a right to receive an amount in cash, without interest, equal to the product obtained by multiplying (a) the number of shares of Calavo Common Stock underlying the Deferred RSU, by (b) the merger consideration value of $27.69.
- [F3]The restricted stock units fully vested on April 23, 2026, and the reporting person's receipt of 4,259 shares of common stock was deferred pursuant to the restricted stock unit award agreement between the reporting person and Calavo.
- [F4]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.
- [F5]The restricted stock units fully vested on November 1, 2024, and the reporting person's receipt of 4,929 shares of common stock was deferred pursuant to the restricted stock unit award agreement between the reporting person and Calavo.
Signature
/s/ Farha Aslam|2026-05-28