Pack Jay A 4
Research Summary
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Mission Produce (AVO) Director Jay Pack Receives 8,240 RSU Award
What Happened Jay A. Pack, a director of Mission Produce, was granted 8,240 restricted stock units (RSUs) on 2026-04-09. The transaction is reported as an award/acquisition (code A) with an acquisition price of $0.00 (no cash paid). The Form 4 covering this transaction was filed on 2026-04-10.
Key Details
- Transaction date: 2026-04-09; Form 4 filed: 2026-04-10 (timely filing).
- Transaction type/code: Award/Grant (A).
- Shares/units granted: 8,240 RSUs; acquisition price reported as $0.00.
- Shares owned after transaction: Not stated in the filing.
- Footnote summary: RSUs are contingent rights to receive one share each and vest in full on the earlier of (i) one-year anniversary of grant or (ii) the next Annual Meeting, subject to continued service. The reporting person elected to defer distribution until separation of service, with a lump-sum payment at that time. (F1)
- Additional note: Power to vote/dispose of shares held by PFP Investments, Ltd. is shared with the reporting person’s spouse. (F2)
Context This was a standard director compensation grant (RSUs), not an open‑market buy or sale. RSU grants are common non-cash compensation for directors; because the reporting person elected deferred distribution, the actual shares will be issued later (upon vesting and separation conditions). No sale or cash proceeds were reported.