Form 4: Mission Produce Director Luis Gonzalez Sells Shares

Director Luis Gonzalez of Mission Produce sold 88 shares of common stock at $12 per share on March 21, 2024.

Summary

• On March 21, 2024, Luis Gonzalez, a director and 10% owner of Mission Produce, Inc. (AVO), sold 88 shares of common stock at a price of $12 per share.
• Following the transaction, Mr. Gonzalez indirectly owns 7,773,907 shares through Beldar Enterprises, 365,000 shares through CORP SA 1, 345,000 shares through CORP SA 2, 365,000 shares through CORP SA 3, and 135,000 shares through CORP SA 4.
• He also directly owns 26,696 shares.
• Rosario Del Pilar Vallejos Hinojosa, also a 10% owner, shares voting and disposal power over shares held by Beldar Enterprises with Luis Gonzalez and has full pecuniary interest in those shares.
• Luis Gonzalez and Rosario Del Pilar Vallejos Hinojosa share the power to vote and dispose of shares held by Corp SA 1, Corp SA 2, Corp SA 3, and Corp SA 4.

Sentiment

Score: 5

Explanation: The document is a standard SEC filing related to a share sale by a director, which doesn't inherently indicate positive or negative sentiment. It's a neutral disclosure.

Industry Context

Form 4 filings are standard disclosures required by the SEC when insiders (directors, officers, or those holding 10% or more of a company's shares) buy or sell their company's stock. These filings provide transparency to the market regarding insider transactions.

Stakeholder Impact

• The sale of shares by a director could be perceived negatively by some shareholders, but the small number of shares sold is unlikely to have a significant impact.

Key Dates