Fresh Del Monte (FDP) Form 144: 12,192 Shares Proposed Sale on 08/20/2025
Rhea-AI Filing Summary
Form 144 notice for Fresh Del Monte Produce Inc. (FDP) indicates a proposed sale of 12,192 common shares through Morgan Stanley Smith Barney LLC, with an aggregate market value of $445,373.76 and approximately 47,974,940 shares outstanding. The sale is slated for 08/20/2025 on the NYSE. The shares were acquired from the issuer as compensation: 5,823 performance shares on 06/15/2023 and 6,369 restricted shares on 02/20/2023. The filer reports no securities sold in the past three months and signs the standard representation about no undisclosed material adverse information.
Positive
- None.
Negative
- None.
Insights
TL;DR: Routine insider notice to sell equity compensation; no recent sales reported and transaction details disclosed.
The filing is a standard Rule 144 notice showing a proposed sale of 12,192 common shares via Morgan Stanley Smith Barney LLC with an aggregate market value of $445,373.76. The securities were granted as compensation (performance shares and restricted stock) in 2023. The filing includes the required representation that the seller is not aware of undisclosed material adverse information. There are no reported sales in the prior three months, which suggests this is a standalone planned disposition under Rule 144 rather than an ongoing selling pattern disclosed here.
TL;DR: Compliance-focused disclosure showing insider use of Rule 144; content is procedural, not materially transformative.
The document meets Rule 144 notice requirements by listing broker, share count, acquisition dates, and nature of acquisition (performance shares and restricted stock). It lacks the issuer address and some identifying issuer fields in the provided content, but does include the critical transaction quantities, acquisition dates, and planned sale date. The signer affirms absence of undisclosed material information, aligning with typical compliance and governance practice for insider sales.