Form 4: CFO James Snyder Exits Calavo Growers via Merger

Calavo Growers CFO James Snyder reported the disposal of all common stock holdings following the company's merger with Mission Produce.

Summary

• James E. Snyder, Chief Financial Officer of Calavo Growers, Inc. (CVGW), disposed of his entire beneficial ownership of 5,157 shares of common stock.
• The transaction occurred on May 28, 2026, as a result of the completed merger between Calavo Growers and Mission Produce.
• Under the merger terms, each Calavo share was converted into 0.9790 shares of Mission Produce common stock plus $14.85 in cash.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral administrative filing confirming the completion of a previously announced merger.

Positives

• Successful completion of the merger agreement with Mission Produce.
• Shareholders received a combination of stock and cash consideration for their holdings.

Negatives

• The reporting person no longer holds any direct beneficial ownership in Calavo Growers, Inc. as the entity has been acquired.

Risks

• Integration risks associated with the merger between Calavo Growers and Mission Produce.
• Market volatility related to the newly issued Mission Produce shares received by former Calavo shareholders.

Future Outlook

The company has been acquired by Mission Produce; therefore, no further independent guidance for Calavo Growers is provided.

Industry Context

StockSavvy.ai notes that this filing marks the finalization of a significant consolidation in the produce industry, aligning with broader trends of vertical integration and scale-seeking among major agricultural suppliers.

Comparison to Industry Standards

• The merger follows industry trends of consolidation seen in the fresh produce sector to improve supply chain efficiencies.
• The cash-and-stock consideration structure is consistent with standard M&A practices for mid-cap agricultural firms.

Management Changes

Stakeholder Impact

• Shareholders have transitioned their holdings into Mission Produce equity and cash.
• Management and employees are subject to the integration plans of the acquiring entity.

Next Steps

• Final delisting of Calavo Growers (CVGW) from public exchanges.

Key Dates

Keywords

Calavo Growers, CVGW, Mission Produce, Merger, CFO, Form 4, Insider Transaction