Form 4: Calavo Growers CFO Shawn Munsell Reports Stock Transactions
SEC Form 4
Shawn Munsell, CFO of Calavo Growers, reports the vesting and disposal of restricted stock units and subsequent stock sales.
Summary
- On November 1, 2024, Shawn Munsell, the CFO of Calavo Growers, Inc., reported transactions involving Calavo Growers common stock.
- Munsell disposed of 1,203 shares upon the vesting of restricted stock units.
- He also disposed of 546 shares to cover tax obligations at a price of $27.03 per share.
- Following these transactions, Munsell directly owns 5,089 shares of common stock and 1,202 restricted stock units that vest in three equal annual installments beginning November 1, 2023.
- Additionally, Munsell holds 3,000 restricted stock units that vest in three equal annual installments beginning June 20, 2023.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock transactions. It doesn't inherently convey positive or negative sentiment.
Industry Context
This Form 4 filing is a routine disclosure related to executive compensation and stock ownership, common in publicly traded companies.
Stakeholder Impact
- The transactions may have a minor impact on shareholders due to the change in the CFO's stock ownership.
Key Dates
| Date | Description |
|---|---|
| 11/01/2023 | Start date for vesting of 1,202 restricted stock units in three equal annual installments |
| 06/20/2023 | Start date for vesting of 3,000 restricted stock units in three equal annual installments |
| 11/01/2024 | Date of transaction: vesting of restricted stock units and stock disposal |
| 11/05/2024 | Date of signature on the Form 4 |
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