HOLMGREN KATHLEEN M 4
4 · Mission Produce, Inc. · Filed May 29, 2026
Research Summary
AI-generated summary of this filing
Mission Produce (AVO) Director Kathleen Holmgren Receives RSU Award
What Happened Kathleen Holmgren, a director of Mission Produce, reported two acquisitions on 2026-05-28: 7,440 restricted stock units (RSUs) and 26,384 shares of Mission common stock. Both transactions are reported as acquisitions at $0.00 (no cash paid). The RSUs represent a contingent right to receive one share each upon vesting; the 26,384 shares were received pursuant to the January 14, 2026 Merger Agreement with Calavo Growers (conversion of Calavo shares into Mission shares and cash consideration).
Key Details
- Transaction date: 2026-05-28; Form 4 filed 2026-05-29 (timely; Form 4 is generally due within two business days).
- Reported price: $0.00 for both entries (award/acquisition type).
- Total shares acquired: 33,824 (7,440 RSUs + 26,384 merger-related shares).
- Shares owned after transaction: not specified in the provided filing details.
- Footnotes:
- F1: 7,440 RSUs granted under the Non-Employee Director Compensation Program; each RSU converts to one share and vests on the earlier of the one-year anniversary of grant or the next Annual Meeting, subject to continued service.
- F2: 26,384 shares received under the Merger Agreement with Calavo; per the agreement each Calavo share converted into 0.9790 Mission shares plus cash in lieu of fractional shares and $14.85 in cash per Calavo share.
Context These entries are not open-market purchases. The RSU grant is compensation that vests over time; the 26,384 shares were delivered as part of a corporate merger conversion. Such awards and merger distributions are routine corporate actions and don’t necessarily indicate an insider buying shares on the open market.
Insider Transaction Report
- Award
COMMON STOCK
[F1]2026-05-28+7,440→ 7,440 total - Award
COMMON STOCK
[F2]2026-05-28+26,384→ 33,824 total
Footnotes (2)
- [F1]Represents restricted stock units (RSUs) granted pursuant to the Non-Employee Director Compensation Program. Each RSU represents a contingent right to receive one share of Common Stock. The RSUs vest in full on the earlier to occur of (i) the one-year anniversary of the applicable grant date and (ii) the date of the next Annual Meeting following the grant date, subject to the Reporting Person's continued service through the vesting date.
- [F2]Represents 26,384 shares of Mission Produce, Inc. (Mission Produce) common stock received by the Reporting Person 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, 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.