Stephen J. Barnard, Executive Chairman and Director of Mission Produce, Inc. (NASDAQ:AVO), filed a Form 4 on September 15, 2026 disclosing the sale of common stock across three transactions on September 11 and September 14, 2026.

Key Highlights

  • First sale: 15,000 shares disposed of on September 11, 2026 at a weighted average price of $13.10, held indirectly through Barnard Properties, LLC.
  • Second sale: 34,777 shares disposed of on September 14, 2026 at a weighted average price of $13.02, held indirectly through the Stephen J. Barnard GT Trust.
  • Third sale: 31,719 shares disposed of on September 14, 2026 at a weighted average price of $13.01, held indirectly through the Shelly R. Barnard GT Trust.
  • Post-transaction holdings: Following the sales, Barnard Properties, LLC held 35,062 shares; the Stephen J. Barnard GT Trust held 1,750,017 shares; and the Shelly R. Barnard GT Trust held 1,753,075 shares. Direct holdings totaled 287,459 shares.
  • Disclaimer of ownership: According to the filing, Barnard disclaims beneficial ownership of shares held through Barnard Properties, LLC and both trusts, except to the extent of his pecuniary interest.
  • Trust co-trustees: The filing states that Barnard and his spouse are co-trustees of both GT Trusts, with shared power to vote and dispose of those shares.

Barnard's Multi-Entity Share Sales Across Two Trading Days

According to the Form 4 filing, Stephen J. Barnard, who serves as both Executive Chairman and Director of Mission Produce, Inc. (NASDAQ:AVO), reported sales of common stock through three separate holding entities over two trading days. All transactions carry transaction code "S," indicating open-market sales. The filing was signed by Joanne Wu as Attorney-in-Fact for Stephen J. Barnard on September 15, 2026.

The September 11, 2026 sale of 15,000 shares through Barnard Properties, LLC was executed at prices ranging from $13.05 to $13.13, inclusive, with a weighted average price of $13.10, according to the filing. The September 14, 2026 sales involved two trusts: 34,777 shares sold through the Stephen J. Barnard GT Trust at prices ranging from $13.00 to $13.05 (weighted average $13.02), and 31,719 shares sold through the Shelly R. Barnard GT Trust at prices ranging from $13.00 to $13.03 (weighted average $13.01). In each case, the filing notes that Barnard undertakes to provide full transaction detail to the SEC, the issuer, and any security holder upon request.

The filing discloses no derivative securities transactions. Barnard's direct beneficial ownership of common stock following all reported transactions stood at 287,459 shares, held directly.

What Was Disclosed

The filing reported three open-market sales of Mission Produce common stock by Executive Chairman Stephen J. Barnard, totaling 81,496 shares sold across two dates through three indirect holding entities, with post-transaction balances disclosed for each entity and direct holdings.