HOLMGREN KATHLEEN M 4

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.