---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-25-120615"
form_type: "8-K"
ticker: "CVGW"
cik: "0001133470"
company_name: "CALAVO GROWERS INC"
filed_at: "2025-12-12T23:59:59+00:00"
generated_at: "2026-05-16T13:20:09.752960+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Retired CEO Cole accelerates 300k options; Board forms special committee for strategic review

## Summary
- Lecil E. Cole retired as CEO effective Dec 8, 2025; letter agreement accelerates vesting of 300,000 stock options.
- Agreement extends option exercise period and grants Company right of first offer on all avocados grown by Cole.
- Board formed Special Transactions Committee, engaged financial advisor and M&A counsel to evaluate strategic alternatives.
- If no transaction, Board may consider share repurchase or special dividend to enhance shareholder value.

## SEC filing metadata
- accession: 0001104659-25-120615
- form_type: 8-K
- ticker: CVGW
- cik: 0001133470
- company_name: CALAVO GROWERS INC
- filed_at: 2025-12-12T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 1.01, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1133470/000110465925120615/0001104659-25-120615-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1133470/000110465925120615/cvgw-20251208x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-25-120615
- JSON: https://secwatch.observer/filing/0001104659-25-120615.json
- Plain text: https://secwatch.observer/filing/0001104659-25-120615.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.