Mission Produce (AVO) grants 8,240 RSUs to board director
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SEGRE LINDA B reported acquisition or exercise transactions in this Form 4 filing.
Mission Produce, Inc. director Linda B. Segre received an equity grant of 8,240 restricted stock units (RSUs), each representing a contingent right to one share of common stock. The award was granted under the company’s Non-Employee Director Compensation Program at no cash cost per share.
The RSUs vest in full on the earlier of the one-year anniversary of the grant date or the next Annual Meeting, conditioned on Ms. Segre’s continued board service through that date. After this grant, she directly holds 65,221 shares of Mission Produce common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
SEGRE LINDA B
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | COMMON STOCK | 8,240 | $0.00 | -- |
Holdings After Transaction:
COMMON STOCK — 65,221 shares (Direct)
Footnotes (1)
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Key Figures
RSUs granted: 8,240 units
Grant price per share: $0.00 per share
Shares held after grant: 65,221 shares
3 metrics
RSUs granted
8,240 units
Restricted stock units awarded to director on grant date
Grant price per share
$0.00 per share
Stated transaction price for RSU award
Shares held after grant
65,221 shares
Director’s direct common stock holdings following the transaction
Key Terms
restricted stock units (RSUs), Non-Employee Director Compensation Program, Annual Meeting
3 terms
restricted stock units (RSUs) financial
"Represents restricted stock units (RSUs) granted pursuant to the Non-Employee Director Compensation Program."
Restricted stock units (RSUs) are a type of company promise to give employees shares of stock in the future, usually after certain conditions like working for a set time. They are like a gift promised today that you receive later, which can become valuable if the company's stock price goes up. RSUs matter because they are a way companies reward employees and can be a significant part of compensation.
Non-Employee Director Compensation Program financial
"RSUs granted pursuant to the Non-Employee Director Compensation Program."
Annual Meeting financial
"the date of the next Annual Meeting following the grant date"
A company's annual meeting is a yearly gathering where owners (shareholders) and the board review performance, ask questions, and vote on key matters like electing directors, approving auditor choices, and sometimes setting pay or dividend policies. For investors it matters because decisions made and votes cast can change who runs the company, influence strategy and payouts, and affect the value or direction of their investment—similar to a homeowners’ meeting where rules and leaders that shape your property’s value are decided.
FAQ
What did Mission Produce (AVO) director Linda B. Segre receive in this Form 4 filing?
Linda B. Segre received an award of 8,240 restricted stock units (RSUs) of Mission Produce common stock. Each RSU is a contingent right to one share, granted as part of the Non-Employee Director Compensation Program for board service.
How do the 8,240 RSUs granted to Mission Produce (AVO) director vest?
The 8,240 RSUs vest in full on the earlier of the one-year anniversary of the grant date or the date of the next Annual Meeting. Vesting requires Linda B. Segre to continue serving as a director through the applicable vesting date.
Did Mission Produce (AVO) director Linda B. Segre pay cash for the 8,240 RSUs?
No, the 8,240 restricted stock units were granted at a stated price of $0.00 per share. This reflects a compensation award rather than an open-market purchase, consistent with the Non-Employee Director Compensation Program terms.
What is the nature of the RSUs granted to Mission Produce (AVO) director Linda B. Segre?
The RSUs are contingent rights to receive common shares if vesting conditions are met. They were issued under the Non-Employee Director Compensation Program and will convert into shares only upon full vesting and continued board service through the vesting date.