Fresh Del Monte Produce Inc. filings document operating results, material events, capital returns, governance matters and securities information for a Cayman Islands registrant whose ordinary shares trade on the New York Stock Exchange under FDP. Recent Form 8-K disclosures include quarterly and annual financial results, cash dividend declarations, executive appointments and compensation arrangements, and material agreements tied to acquired Del Monte Foods assets.
Proxy materials for Fresh Del Monte cover board matters, executive compensation, equity awards, shareholder voting items and related governance disclosures. The filing record also documents capital-structure details for ordinary shares, exhibit filings such as press releases and Inline XBRL cover data, and risk and business context around the company’s fresh, value-added, banana, prepared food and related operating categories.
FDP submitted a Form 144 notice listing proposed sales of Common Stock tied to RSUs. The filing lists three RSU lots dated 03/02/2025 with quantities of 950, 787, and 477 shares respectively. The broker listed is Raymond James & Associates and the exchange is NYSE.
FRESH DEL MONTE PRODUCE INC director Ahmad Abu-Ghazaleh increased his equity stake through compensation-related share activity. On May 5, 2026, he exercised Restricted Stock Units and related Dividend Equivalent Units into ordinary shares, converting 4,489 RSUs and 149.2267 DEUs on a one-for-one basis.
The filing shows he received a new grant of 3,717 RSUs on May 4, 2026, which are scheduled to vest on the one-year anniversary of that grant date. After these transactions, he directly holds 53,028 ordinary shares and 3,717 RSUs, and indirectly 40,000 ordinary shares held by his children.
FRESH DEL MONTE PRODUCE INC director Michael J. Berthelot increased his equity stake through stock-based compensation activity. On May 5, 2026, he exercised previously granted Restricted Stock Units and Dividend Equivalent Units, receiving 4,489 Ordinary Shares and 149 Ordinary Shares at a price of $0.00 per share as these awards converted into stock.
The filing shows these derivative awards converted to Ordinary Shares on a one-for-one basis, with a small fractional Dividend Equivalent Unit paid in cash. On May 4, 2026, he also received a new grant of 3,717 Restricted Stock Units, which are scheduled to vest on the one-year anniversary of the grant date.
Fresh Del Monte Produce Inc. director Ajai Puri reported equity compensation activity. On May 5, 2026, he exercised 4,489 Restricted Stock Units (RSUs) and 149.2267 Dividend Equivalent Units (DEUs), which converted into the same number of ordinary shares, with a small fractional DEU amount paid in cash.
The filing notes that each RSU and DEU converts into one ordinary share, and that 0.2267 DEUs were settled in cash due to fractional shares. On May 4, 2026, he also received a new grant of 3,717 RSUs, which are scheduled to vest on the one-year anniversary of the grant date.
FRESH DEL MONTE PRODUCE INC director Charles Beard Jr. reported equity compensation activity involving Restricted Stock Units (RSUs) and related awards. On May 5, 2026, previously granted RSUs and associated Dividend Equivalent Units (DEUs) were converted into ordinary shares at a $0.00 exercise price.
The Form 4 also shows a grant of 3,717 RSUs on May 4, 2026, each RSU representing a contingent right to receive one ordinary share on a one-for-one basis. These RSUs are scheduled to vest on the one-year anniversary of the grant date, May 4, 2026, and all transactions are compensation-related rather than open-market buying or selling.
Fresh Del Monte Produce director Mary Ann Cloyd reported compensation-related equity activity, not open‑market trading. On May 5, 2026, she exercised Restricted Stock Units and related Dividend Equivalent Units, converting 4,489 Ordinary Shares plus about 149 Ordinary Shares from dividend equivalents into stock.
The filing notes that 0.2267 Dividend Equivalent Units were settled in cash for fractional shares and that each unit converts into one Ordinary Share. After these conversions, Cloyd directly held 31,878 Ordinary Shares. On May 4, 2026, she also received a new grant of 3,717 Restricted Stock Units that are scheduled to vest on the one‑year anniversary of that grant date.
FRESH DEL MONTE PRODUCE INC director Amir Abu Ghazaleh reported equity compensation activity involving Ordinary Shares, Restricted Stock Units (RSUs), and Dividend Equivalent Units (DEUs). On May 4, 2026, he received a grant of 3,717 RSUs, each convertible into one Ordinary Share.
On May 5, 2026, previously granted RSUs and associated DEUs vested and were converted into Ordinary Shares. This included 4,489 RSUs and 149.2267 DEUs, with a small 0.2267 fraction settled in cash. All transactions were at a stated price of $0.00 per unit and reflect compensation-related awards and vesting rather than open-market purchases or sales.
Fresh Del Monte Produce Inc. director Lori Tauber Marcus reported compensation-related equity activity. On May 5, 2026, she acquired 4,489 Ordinary Shares through the conversion of vested Restricted Stock Units and 149.2267 shares from Dividend Equivalent Units, both at a stated price of $0.00 per share.
Following these conversions, she directly owned 27,112 Ordinary Shares. On May 4, 2026, she also received a new grant of 3,717 Restricted Stock Units, which are scheduled to vest on the one-year anniversary of the grant date, subject to applicable vesting conditions.
Fresh Del Monte Produce Inc. reported first-quarter 2026 results and closed a major acquisition of select assets from Del Monte Foods. Net sales were $1,044.1 million versus $1,098.4 million a year earlier, with pressure in fresh and value-added products, especially avocados, and the impact of the Mann Packing divestiture.
Net income attributable to the company declined to $10.0 million from $31.1 million, reflecting lower gross profit, $16.1 million in impairment of right-of-use assets tied to discontinued Joyba production, and $3.5 million in Del Monte Foods transaction costs. Operating cash flow remained solid at $44.1 million.
The Del Monte Foods asset acquisition carried initial purchase consideration of $310.2 million and ASC 805 purchase consideration of $341.9 million, expanding prepared foods and unifying global Del Monte brand ownership. Long-term debt and finance leases increased to $451.5 million, largely from drawing on the amended $750 million revolver, while the quarterly dividend was maintained at $0.30 per share.
Fresh Del Monte Produce Inc. reported lower profitability for the first quarter ended March 27, 2026 while closing the Del Monte Foods acquisition and reshaping its portfolio. Net sales were $1,044.1 million, down from $1,098.4 million a year earlier, mainly due to the Mann Packing divestiture and softer avocado pricing amid industry oversupply.
GAAP net income attributable to the company fell to $10.0 million, with diluted EPS of $0.21, while adjusted diluted EPS was $0.63 after excluding items such as asset impairments and Middle East–related charges. Gross margin edged up to 8.5% and adjusted gross margin to 8.7%, helped by stronger banana and pineapple pricing, but operating income dropped to $20.1 million because of $20.0 million in asset impairment and other charges tied largely to Del Monte Foods–related right‑of‑use assets and transaction costs.
By segment, fresh and value‑added products generated net sales of $549.0 million and gross margin of 10.9%, bananas delivered $357.1 million of net sales with a 4.6% gross margin, prepared foods contributed $82.5 million at a 10.8% gross margin, and other products and services posted $55.5 million with a 6.8% gross margin. The new prepared foods segment now combines Del Monte Foods with legacy prepared operations.
Cash flow from operations was $44.1 million. Long‑term debt rose sharply to $451.5 million (from $176.2 million at fiscal year‑end) driven by the Del Monte Foods asset purchase of $307.7 million net of cash acquired. The board declared a quarterly dividend of $0.30 per share and the company repurchased 100,000 shares for $4.0 million, leaving $116.2 million available under its authorization.