DiGregorio Michael Anthony 4
Research Summary
AI-generated summary
Calavo (CVGW) Director Michael DiGregorio Converts 4,259 RSUs
What Happened
- Michael DiGregorio, a director of Calavo Growers, converted 4,259 restricted stock units (RSUs) into common shares on 2026-04-23 (reported on Form 4 filed 2026-04-27). The filing shows 4,259 shares Acquired via conversion and 4,259 shares Disposed at $0.00. No cash proceeds are reported for the disposition.
- This was not an open-market purchase or sale; it was a conversion/settlement of equity awards rather than a directional buy or sell.
Key Details
- Transaction date: 2026-04-23; Form 4 filed: 2026-04-27 (filed within the required reporting window).
- Acquired: 4,259 shares via exercise/conversion of a derivative (code M). Disposed: 4,259 shares at $0.00.
- Shares owned after transaction: not specified in the provided excerpt.
- Footnotes: F1 — each RSU represents a contingent right to one share. F2 — those RSUs vest based on the earlier of one-year anniversary of grant or the company’s 2026 annual meeting (if on/after April 8, 2026).
- The zero-dollar disposition is consistent with tax withholding or net settlement practices (shares withheld to satisfy tax obligations), though the filing excerpt does not explicitly label the withholding code.
Context
- For retail investors: conversions of RSUs into shares and immediate withholding are common administrative events and do not by themselves signal a trading view. This transaction reflects equity award settlement rather than a purchase or sale for cash.