Form 4: Mission Produce Officer Gains, Sells Shares

Mission Produce's Chief Accounting Officer, Damian Ricketts, acquired shares from a performance unit program and subsequently sold a portion for tax obligations.

Summary

• Damian Ricketts, Chief Accounting Officer of Mission Produce, Inc. (AVO), reported transactions involving the company's common stock.
• On January 6, 2026, Mr. Ricketts acquired 9,442 shares of common stock at a price of $0 per share.
• These shares were earned from the Issuer's 2023-2025 Performance Share Unit (PSU) program.
• Following this acquisition, Mr. Ricketts' beneficial ownership increased to 18,102 shares.
• On January 7, 2026, Mr. Ricketts disposed of 4,446 shares of common stock at a price of $11.79 per share.
• These disposed shares were withheld by Mission Produce to satisfy tax withholding obligations related to the vesting of the performance share units on January 6, 2026.
• After the disposition, Mr. Ricketts' beneficial ownership stands at 13,656 shares.

Sentiment

Score: 7

Explanation: The sentiment is moderately positive as an executive received significant equity compensation, indicating performance achievement. The subsequent sale was for tax purposes, a routine event, rather than a discretionary sale.

Positives

• Damian Ricketts, Chief Accounting Officer, received 9,442 shares of common stock as compensation through the company's 2023-2025 Performance Share Unit program, indicating successful achievement of performance targets.

Negatives

• Mr. Ricketts disposed of 4,446 shares of common stock to cover tax withholding obligations, which is a reduction in his direct ownership, although it is a standard practice for equity compensation.

Future Outlook

This filing does not contain any forward-looking statements or guidance.

Industry Context

This Form 4 filing details routine executive compensation and tax-related stock transactions, which are common across all industries for publicly traded companies that offer equity-based incentives to their management.

Related Party Transactions

• The acquisition of 9,442 shares by Damian Ricketts from the Issuer's 2023-2025 Performance Share Unit program represents a related party transaction as it involves compensation from the company to an officer.

Stakeholder Impact

• Shareholders: The transactions represent routine executive compensation and tax management, which are standard practices and generally have minimal direct impact on the broader shareholder base.
• Employees: The vesting of performance share units for an executive may signal the company's commitment to performance-based compensation.

Key Dates

Keywords

Mission Produce, AVO, Form 4, Insider Transaction, Executive Compensation, Performance Share Units, Stock Award, Tax Withholding