Aslam Farha 4

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.