Araiza Ronald Anthony 4
4 · CALAVO GROWERS INC · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Calavo Growers (CVGW) EVP Ronald Araiza Sells 4,310 Shares
What Happened
Ronald Anthony Araiza, Executive Vice President of Calavo Growers, disposed of 4,310 shares of Calavo common stock on May 28, 2026. The disposition was a merger-related surrender (transaction code D) under the Agreement and Plan of Merger: each Calavo share was converted into 0.9790 shares of Mission Produce plus $14.85 in cash. The cash component from this disposition amounts to $64,003.50 (4,310 × $14.85), and the conversion equates to approximately 4,219.49 Mission Produce shares before any rounding or cash-in-lieu of fractional shares.
Key Details
- Transaction date: 2026-05-28.
- Transaction type/code: Disposition to issuer (D) pursuant to Merger Agreement (not an open-market sale).
- Shares disposed: 4,310 Calavo common shares.
- Consideration: $14.85 cash per Calavo share ($64,003.50 total) plus 0.9790 Mission Produce shares per Calavo share (≈4,219.49 Mission shares before rounding; fractional shares subject to cash in lieu).
- Shares owned after transaction: Not specified in the filing provided.
- Footnote: Disposal occurred pursuant to the Merger Agreement dated Jan 14, 2026 (conversion of Calavo stock into Mission Produce stock and cash).
- Filing timeliness: Filing shows the report period date as the transaction date (no late-filing flag indicated).
Context
This was a merger-related conversion/surrender of shares, not an open-market sale. Such dispositions are routine outcomes of corporate transactions and reflect the merger consideration rather than a personal market-sale decision by the insider.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1]2026-05-28−4,310→ 0 total
Footnotes (1)
- [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.