4/A: Mission Produce Director Jay Pack Amends SEC Filing to Correct Holdings

Sentiment:

SEC Filing (Form 4/A)


Jay Pack, a director at Mission Produce, Inc., filed an amended SEC Form 4 to correct previously reported holdings related to a trust.

Summary

  • Jay Pack, a director of Mission Produce, Inc. [AVO], filed an amended Form 4 with the SEC on November 7, 2024.
  • This amendment corrects holdings previously reported on September 18, 2024, and September 20, 2024, regarding the Jay Pack As Trustee to the RP 2018 GRAT.
  • The filing details Mr. Pack's direct and indirect beneficial ownership of Mission Produce common stock.
  • Mr. Pack directly owns 384,823 shares of common stock.
  • He also has indirect ownership through the Jay Pack As Trustee to the JP 2018 GRAT (123,136 shares), the Jay Pack As Trustee to the RP 2018 GRAT (123,136 shares), and PFP Investments, Ltd. (1,074,325 shares).
  • The power to vote and dispose of shares held by PFP Investments, Ltd. is shared with Mr. Pack's spouse.

Sentiment

Score: 7

Explanation: The sentiment is neutral as it is a routine correction of a regulatory filing. It doesn't indicate positive or negative performance, but rather ensures accurate reporting.

Industry Context

Form 4 filings are a routine part of corporate governance, providing transparency into the stock ownership of company insiders. Amendments are not uncommon and often reflect corrections or clarifications to previously reported information.

Stakeholder Impact

  • The correction of the filing ensures accurate information is available to shareholders and potential investors.

Key Dates

DateDescription
09/17/2024Date of earliest transaction reported in the original filing.
09/18/2024Date of original filing that was amended.
09/20/2024Date of original filing that was amended.
11/07/2024Date of the amended filing.

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