Form 4: Mission Produce Director Luis Gonzalez Sells Shares at $12.01 Average Price

Sentiment:

SEC Form 4 Filing


Director Luis Gonzalez of Mission Produce, Inc. sold 7,183 shares of common stock at an average price of $12.01 on March 19, 2024.

Summary

  • On March 19, 2024, Luis Gonzalez, a director and 10% owner of Mission Produce, Inc., sold 7,183 shares of common stock.
  • The shares were sold at an average weighted price of $12.01, with individual transactions ranging from $12.00 to $12.04.
  • Following the transaction, Gonzalez directly owns 26,696 shares and indirectly owns 7,773,995 shares through Beldar Enterprises and other entities.
  • Rosario Del Pilar Vallejos Hinojosa, Gonzalez's spouse, shares power to vote and dispose of shares held by Beldar Enterprises and has full pecuniary interest in those shares.
  • Gonzalez and Vallejos Hinojosa also indirectly share 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 regulatory filing detailing a share sale by a company director. It doesn't inherently convey positive or negative sentiment, but rather provides factual information.

Industry Context

This filing is a routine disclosure of stock transactions by a company insider, which is common in the public market. It provides transparency to investors regarding the actions of company leadership.

Stakeholder Impact

  • The sale of shares by a director could be perceived neutrally or slightly negatively by shareholders, depending on the context and reasons for the sale.
  • The filing provides transparency to stakeholders regarding insider transactions.

Key Dates

DateDescription
03/19/2024Date of the transaction: sale of common stock.
03/21/2024Date of signature for the Form 4 filing.

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