Calavo Growers (CVGW) director converts 4,259 RSUs into common stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Calavo Growers director Kathleen M. Holmgren reported the vesting and exercise of restricted stock units into common stock. She acquired 4,259 shares of Calavo Growers common stock at a price of $0.00 per share through a derivative exercise, bringing her direct ownership to 26,950 shares. The corresponding 4,259 restricted stock units, each representing a contingent right to receive one share, were reduced to zero, reflecting a routine equity compensation event rather than an open-market trade.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,259 shares exercised/converted
Mixed
2 txns
Insider
HOLMGREN KATHLEEN M
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Restricted Stock Units | 4,259 | $0.00 | -- |
| Exercise | Common Stock | 4,259 | $0.00 | -- |
Holdings After Transaction:
Restricted Stock Units — 0 shares (Direct, null);
Common Stock — 26,950 shares (Direct, null)
Footnotes (1)
- Each restricted stock unit represents a contingent right to receive one share of CVGW common stock. The restricted stock units fully vest on the date of that is the earlier of (i) the one-year anniversary of the date of grant, or (ii) Calavo Growers, Inc.'s 2026 annual meeting of shareholders provided such annual meeting occurs on or after April 8, 2026.
Key Figures
Shares acquired via RSU exercise: 4,259 shares
Exercise price per share: $0.00 per share
Shares held after transaction: 26,950 shares
+1 more
4 metrics
Shares acquired via RSU exercise
4,259 shares
Common stock received from restricted stock units on 2026-04-23
Exercise price per share
$0.00 per share
Price for conversion of restricted stock units into common stock
Shares held after transaction
26,950 shares
Total direct ownership of Calavo Growers common stock after exercise
RSUs converted
4,259 units
Restricted stock units settled into common stock, leaving zero units
Key Terms
Restricted Stock Units, derivative exercise/conversion, contingent right
3 terms
Restricted Stock Units financial
"The restricted stock units fully vest on the date of that is the earlier of..."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
derivative exercise/conversion financial
"transaction_action: derivative exercise/conversion"
contingent right financial
"Each restricted stock unit represents a contingent right to receive one share..."
FAQ
What insider transaction did Calavo Growers (CVGW) director Kathleen Holmgren report?
Director Kathleen M. Holmgren reported exercising restricted stock units into common stock, acquiring 4,259 Calavo Growers shares at $0.00 per share. This reflects a routine equity compensation event, not an open-market purchase or sale of CVGW stock.
What happened to Kathleen Holmgren’s restricted stock units in this Calavo Growers (CVGW) filing?
Holmgren’s 4,259 restricted stock units were converted into 4,259 shares of Calavo Growers common stock. Following this derivative exercise, the Form 4 shows zero restricted stock units remaining from this grant, consistent with a full settlement of those units.
What does each restricted stock unit represent in the Calavo Growers (CVGW) Form 4?
Each restricted stock unit represents a contingent right to receive one share of Calavo Growers common stock. When these units vest and are exercised, they convert into an equivalent number of common shares, as seen with the 4,259 units in this filing.
How are Kathleen Holmgren’s Calavo Growers (CVGW) holdings characterized after the RSU conversion?
After the RSU conversion, Holmgren’s 26,950 Calavo Growers shares are reported as directly owned. The transaction is coded as a derivative exercise, indicating compensation-related share issuance rather than a discretionary market trade.