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.