SEGRE LINDA B 4
Research Summary
AI-generated summary
Mission Produce (AVO) Director Linda B. Segre Receives Award
What Happened
Linda B. Segre, a director of Mission Produce, was granted 8,240 restricted stock units (RSUs) on April 9, 2026. The Form 4 reports the grant at $0.00 per share (code A — award/grant), reflecting that these are contingent RSUs rather than an open-market purchase or sale.
Key Details
- Transaction date: 2026-04-09; Filing date (Form 4): 2026-04-13 (timely under the two business-day reporting rule).
- Award: 8,240 RSUs; reported price $0.00 because RSUs are awards, not cash purchases.
- Shares owned after transaction: Not specified in the provided excerpt of the filing.
- Footnote: RSUs were granted under the Non-Employee Director Compensation Program. Each RSU converts to one share on vesting. Vesting occurs in full on the earlier of (i) the one-year anniversary of the grant or (ii) the next Annual Meeting, subject to continued service.
- Transaction code: A = Award/Grant.
Context
RSU grants to non-employee directors are common compensation and do not involve immediate cash or open-market buying/selling. They represent potential future issuance of shares upon vesting and may dilute existing shareholders when settled. This filing is informational and does not by itself indicate a change in insider sentiment.