Pack Jay A 4
Research Summary
AI-generated summary
Mission Produce (AVO) Director Jay Pack Buys 188,550 Shares
What Happened
Jay A. Pack, a director of Mission Produce, acquired a total of 188,550 shares in two open-market purchases on June 15, 2026. The transactions were reported as 110,719 shares at an average weighted price of $11.34 ($1,255,553) and 77,831 shares at $11.34 ($882,604), for a combined outlay of approximately $2,138,157. These were purchases (transaction code P), which are generally viewed as a more direct bullish signal than routine sales, though no motive is stated.
Key Details
- Transaction date: 2026-06-15 (reported on Form 4 filed 2026-06-17). Filing appears timely (within the typical 2‑business‑day window).
- Prices: average weighted price $11.34; purchases executed at prices ranging from $11.28 to $11.35 (see footnote).
- Shares purchased: 110,719 and 77,831 (total 188,550). Total value ≈ $2,138,157.
- Shares owned after transaction: not specified in the information provided.
- Footnotes of note:
- F1: $11.34 is the weighted average price; multiple trades ranged $11.28–$11.35. The reporting person will provide full per-trade details on request.
- F2: Voting/disposal power over shares held by PFP Investments, Ltd. is shared with the reporting person’s spouse (indicates shared control for any shares held through that entity).
- Transaction code: P = Purchase.
Context
This filing documents straightforward open-market purchases by a company director (not an option exercise, grant, or gift). Purchases by directors can be of interest to investors as one data point about insider buying, but they do not by themselves prove any future company performance. No late-filing flag or derivative transactions are indicated in the provided filing.