HOLMGREN KATHLEEN M 4
4 · CALAVO GROWERS INC · Filed May 28, 2026
Research Summary
AI-generated summary of this filing
Calavo (CVGW) Director Kathleen Holmgren Disposes 26,950 Shares
What Happened
Kathleen M. Holmgren, a director of Calavo Growers, Inc. (CVGW), disposed of 26,950 shares of Calavo common stock on 2026-05-28 pursuant to the companies' Merger Agreement. The Form 4 lists the transaction price as N/A because the disposition was part of the merger consideration: each Calavo share converted into 0.9790 shares of Mission Produce, Inc. and $14.85 in cash. For 26,950 shares that equals approximately $400,207.50 in cash and about 26,384.05 shares of Mission Produce.
Key Details
- Transaction date: 2026-05-28; transaction code: D (Disposition to issuer) under the Merger Agreement.
- Price on Form 4: N/A; merger consideration: $14.85 cash per Calavo share + 0.9790 Mission Produce shares per Calavo share.
- Shares disposed: 26,950. Consideration received (approx.): $400,207.50 cash + ~26,384 Mission Produce shares.
- Shares owned after transaction: Not specified on this Form 4.
- Footnote: F1 describes the Agreement and Plan of Merger dated Jan 14, 2026, and the conversion terms above.
- Filing timeliness: Report filed 2026-05-28 (same date as transaction), not marked late.
Context
This was not an open-market sale but a conversion/settlement of Calavo shares under a merger—a routine corporate transaction. Such dispositions driven by M&A consideration reflect deal terms rather than the director’s trading decision; they don’t necessarily signal a buy/sell opinion by the insider.
Insider Transaction Report
- Disposition to Issuer
Common Stock
[F1]2026-05-28−26,950→ 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.