Form 4: Mission Produce CFO Bryan Giles Reports Stock Disposals to Cover Tax Obligations
SEC Form 4 Filing
Bryan Giles, CFO of Mission Produce, Inc., disposed of shares to cover tax withholding obligations related to vesting restricted stock units.
Summary
- On January 3, 2025, Bryan Giles, the CFO of Mission Produce, Inc., disposed of 3,148 shares of common stock at a price of $14.1 to cover tax obligations.
- Following this transaction, Giles directly owns 118,989 shares of Mission Produce common stock.
- On January 5, 2025, Giles disposed of 5,169 shares of common stock at a price of $14.1 to cover tax obligations.
- Following this transaction, Giles directly owns 113,820 shares of Mission Produce common stock.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing stock disposals for tax purposes, which is neutral in sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders. Disposals to cover tax obligations are common when restricted stock units vest.
Stakeholder Impact
- The transactions have a minor impact on shareholders as they involve a small percentage of the outstanding shares.
Key Dates
| Date | Description |
|---|---|
| 01/03/2025 | Disposal of 3,148 shares to cover tax obligations. |
| 01/05/2025 | Disposal of 5,169 shares to cover tax obligations. |
| 01/06/2025 | Date of signature for the Form 4 filing. |
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