Del Monte Corp executive buys 12,000 shares
Del Monte Corp President & COO Abbas Mohammed reported purchasing 12,000 Ordinary Shares on 2026-08-04 at a weighted-average price of $29.8921 per share, within a $29.79–$29.91 range.
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Form Type
4
Rhea-AI Filing Summary
Del Monte Corp President & COO Abbas Mohammed reported purchasing 12,000 Ordinary Shares on 2026-08-04 at a weighted-average price of $29.8921 per share, within a $29.79–$29.91 range. After this transaction, he directly holds 71,930 Ordinary Shares, plus various RSUs, PSUs and Dividend Equivalent Units that each relate one-for-one to Ordinary Shares.
Insider Trade Summary
Net Buyer: 12,000 shares
Net Buy
1 txn
Insider
Abbas Mohammed
Role
President & COO
Bought
12,000 shs ($359K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares F1 | 12,000 | $29.8921 | $359K |
| Holding | Dividend Equivalent Units F2, F3 | -- | -- | -- |
| Holding | Restricted Stock Units F4, F5 | -- | -- | -- |
| Holding | Restricted Stock Units F4, F6 | -- | -- | -- |
| Holding | Performance Stock Units F7, F8 | -- | -- | -- |
| Holding | Performance Stock Units F7, F9 | -- | -- | -- |
| Holding | Performance Stock Units F7, F10 | -- | -- | -- |
| Holding | Performance Stock Units F7, F11 | -- | -- | -- |
| Holding | Performance Stock Units F7, F12 | -- | -- | -- |
| Holding | Performance Stock Units F7, F13 | -- | -- | -- |
| Holding | Performance Stock Units F7, F14 | -- | -- | -- |
| Holding | Performance Stock Units F7, F15 | -- | -- | -- |
Holdings After Transaction:
Ordinary Shares — 71,930 shares (Direct);
Dividend Equivalent Units — 5,669.0302 units (Direct);
Restricted Stock Units — 20,047 units (Direct);
Performance Stock Units — 46,248 units (Direct)
Footnotes (15)
- F1. Represents the weighted average price of the shares purchased. The prices of the shares purchased pursuant to the transaction ranged from $29.79 to $29.91 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares purchased at each separate price.
- F2. Each Dividend Equivalent Unit ("DEU") represents a contingent right to receive one ordinary share of FDP. DEUs are subject to the same restrictions and vesting and/or performance criteria based on the underlying Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
- F3. Reflects 1,255.6101 DEUs received by the Reporting Person as a result of dividend equivalents accrued with respect to outstanding RSUs and PSUs granted to the Reporting Person. Dividend equivalents are accrued at the same rate and at the same time as dividends are paid to Ordinary Shareholders. Dividend equivalents on RSUs and PSUs are subject to the same restrictions and vesting conditions as the underlying RSUs and PSUs.
- F4. The RSUs convert to Ordinary Shares on a one-for-one basis.
- F5. The RSUs were awarded on 3/3/2025 and vest in three equal installments over three years. The remaining vestings will occur on 3/3/2027 and 3/3/2028.
- F6. The RSUs were awarded on 3/2/2026 and vest in three equal installments over three years. The vestings will occur on each of 3/2/2027, 3/2/2028 and 3/2/2029.
- F7. The PSUs convert to Ordinary Shares on a one-for-one basis.
- F8. The PSUs were awarded 2/24/2016 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/24/2017, 2/24/2018 and 2/24/2019. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- F9. The PSUs were awarded on 2/22/2017 subject to meeting minimum performance criteria which was met at 88.8%. The PSUs vested in three equal annual installments on each of 2/22/2018, 2/22/2019 and 2/22/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- F10. The PSUs were awarded on 2/20/2019 subject to meeting minimum performance criteria, which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- F11. The PSUs were awarded on 3/2/2020 subject to meeting minimum performance criteria which was met at 83%. The PSUs vested in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- F12. The PSUs were awarded on 3/1/2021 subject to meeting minimum performance criteria which was met at 91%. The PSUs vested in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.
- F13. The PSUs were awarded on 3/1/2024 subject to meeting minimum performance criteria which was met at 100%. The PSUs vest in three equal annual installments. The remaining vesting will occur on 3/1/2027.
- F14. The PSUs were awarded on 3/3/2025 subject to meeting the minimum performance criteria which was met at 100%. The PSUs vest in three equal annual installments. The remaining vestings will occur on 3/3/2027 and 3/3/2028.
- F15. The PSUs were awarded on 3/2/2026 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs will vest in three equal annual installments on each of 3/2/2027, 3/2/2028 and 3/2/2029.
Key Figures
Ordinary Shares Purchased: 12,000 shares
Weighted-Average Purchase Price: $29.8921 per share
Purchase Price Range: $29.79–$29.91 per share
+5 more
8 metrics
Ordinary Shares Purchased
12,000 shares
Ordinary Shares bought by Abbas Mohammed on 2026-08-04
Weighted-Average Purchase Price
$29.8921 per share
Average price for the 12,000 Ordinary Shares purchased on 2026-08-04
Purchase Price Range
$29.79–$29.91 per share
Range of individual trade prices for the 12,000-share purchase
Direct Ordinary Shares After Transaction
71,930 shares
Direct Ordinary Shares held by Abbas Mohammed after the reported purchase
Dividend Equivalent Units Underlying Shares
5,669.0302 shares
Underlying Ordinary Shares linked to Dividend Equivalent Units held directly
RSU Tranche 1 Underlying Shares
8,425 shares
Ordinary Shares underlying one Restricted Stock Unit award, one-for-one conversion
RSU Tranche 2 Underlying Shares
11,622 shares
Ordinary Shares underlying a second Restricted Stock Unit award, one-for-one conversion
Newly Accrued DEUs from Dividends
1,255.6101 units
Dividend Equivalent Units accrued on outstanding RSUs and PSUs
Key Terms
Dividend Equivalent Unit, Restricted Stock Units, Performance Stock Units, minimum performance criteria, +1 more
5 terms
Dividend Equivalent Unit financial
"Each Dividend Equivalent Unit ("DEU") represents a contingent right"
Restricted Stock Units financial
"The RSUs convert to Ordinary Shares on a one-for-one basis."
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.
Performance Stock Units financial
"The PSUs convert to Ordinary Shares on a one-for-one basis."
Performance stock units are a type of company award that grants employees shares of stock only if certain performance goals are met. They motivate employees to work toward specific company achievements, aligning their interests with those of shareholders. For investors, they can influence a company's future stock supply and reflect management’s confidence in reaching key targets.
minimum performance criteria financial
"The PSUs were awarded on 3/2/2026 and are earned subject to meeting minimum performance criteria."
weighted average price financial
"Represents the weighted average price of the shares purchased."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What did Del Monte Corp (DMC) insider Abbas Mohammed purchase in this Form 4?
Abbas Mohammed, Del Monte Corp’s President & COO, purchased 12,000 Ordinary Shares on 2026-08-04. The transaction is coded as a purchase in an open-market or private transaction, increasing his directly held Ordinary Shares position.
What derivative awards in Del Monte Corp (DMC) does Abbas Mohammed hold?
He holds Dividend Equivalent Units tied to 5,669.0302 underlying Ordinary Shares, plus several Restricted Stock Unit and Performance Stock Unit awards, including tranches for 8,425 and 11,622 underlying Ordinary Shares, all converting one-for-one into Ordinary Shares.
Were Abbas Mohammed’s Del Monte Corp (DMC) trades under a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as applicable, and no footnote describes a pre-arranged trading plan. The reported 12,000-share purchase therefore is not identified as being executed under a Rule 10b5-1 plan.
How are Dividend Equivalent Units treated for Abbas Mohammed at Del Monte Corp (DMC)?
Each Dividend Equivalent Unit (DEU) represents a contingent right to receive one Ordinary Share. A footnote explains DEUs accrue at the same rate and time as dividends on Ordinary Shares and share the same vesting and performance conditions as their related RSUs and PSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
