HOLMGREN KATHLEEN M 4

What Happened Kathleen M. Holmgren, a director of Calavo Growers, Inc. (CVGW), had 4,259 restricted stock units (RSUs) convert to 4,259 shares on April 23, 2026 (reported as an exercise/conversion of a derivative, code M). The filing also shows a matching disposal of 4,259 shares at $0.00 on the same date, resulting in no cash proceeds reported. This is not an open-market buy or sale; it reflects conversion/vesting of RSUs and a concurrent share surrender rather than a market sale.

Key Details

• Transaction date: 2026-04-23 (reported on Form 4 filed 2026-04-27).
• Acquired: 4,259 shares via exercise/conversion of derivative (RSU conversion).
• Disposed: 4,259 shares at $0.00 (reported as derivative disposal).
• Shares owned after transaction: Not specified in the provided entries.
• Footnotes: F1 — each RSU equals a contingent right to one CVGW share; F2 — RSUs vest on the earlier of the one‑year anniversary of grant or Calavo’s 2026 annual meeting (if held on/after Apr 8, 2026).
• Timeliness: The Form 4 was filed after the transaction date (filed Apr 27 for an Apr 23 transaction), indicating a late filing; late Form 4s reduce reporting transparency and may raise procedural compliance questions.

Context

• For retail investors: this transaction appears to be a routine vesting/conversion of equity awards, not a directional bet in the open market. The $0.00 disposal is consistent with shares being surrendered/withheld to satisfy tax obligations on vesting (net settlement), not a sale for cash.
• Purchases generally signal stronger insider conviction; this filing documents issuance and withholding related to compensation, which is common for RSU awards.