Calavo Growers CEO Disposes All Equity Holdings Following Merger with Mission Produce
This Form 4 filing reports that Bruce John Lindeman, CEO and Director of Calavo Growers Inc., disposed of all his equity holdings in the company on May 28, 2026, following the completion of Calavo's merger with Mission Produce. The transactions include the disposition of 24,556 shares of common stock, 2,200 restricted stock units, and 110,000 stock options. The merger agreement converted Calavo common stock into Mission Produce shares and cash consideration, while equity awards were cancelled and converted into cash payments based on the merger consideration value of $27.69 per share. The CEO received cash for his stock options with exercise prices of $1.85 and $7.36, representing the difference between the merger price and exercise prices. This filing documents the complete liquidation of the executive's equity position as a result of the change in control transaction.