Fresh Del Monte (NYSE: FDP) SVP sells 6,297 shares, retains stock awards

Rhea-AI Filing Summary

Fresh Del Monte Produce senior vice president for Europe & Africa Gianpaolo Renino reported an open-market sale of 6,297 Ordinary Shares at a weighted average price of $41.46 per share, leaving him with 3,197.501 Ordinary Shares held directly.

He also continues to hold equity awards, including Dividend Equivalent Units tied to 2,360.4864 underlying Ordinary Shares, Restricted Stock Units tied to 2,139 and 2,744 Ordinary Shares, and several Performance Stock Unit grants each convertible into specified numbers of Ordinary Shares on a one-for-one basis, subject to vesting and performance conditions.

Insights

Equity compensation analyst

Routine executive share sale with sizable unvested equity remaining.

SVP Gianpaolo Renino executed an open-market sale of 6,297 Fresh Del Monte Produce Ordinary Shares at a weighted average price of $41.46, and now directly holds 3,197.501 shares. This is a straightforward insider sale rather than an option exercise.

Alongside the remaining shares, he holds multiple equity awards: Dividend Equivalent Units linked to 2,360.4864 underlying shares, RSUs tied to 2,139 and 2,744 shares, and several PSU grants with one-for-one share conversion. These awards vest over time or upon meeting performance criteria, so future ownership will depend on vesting outcomes and any later transactions.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Renino Gianpaolo

(Last) (First) (Middle)

C/O FRESH DEL MONTE PRODUCE INC.

241 SEVILLA AVENUE

(Street)

CORAL GABLES FL 33134

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
FRESH DEL MONTE PRODUCE INC [ FDP ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	SVP Europe & Africa

3. Date of Earliest Transaction (Month/Day/Year)
03/06/2026

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Ordinary Shares	03/06/2026		S		6,297	D	$41.46(1)	3,197.501	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Dividend Equivalent Units	(2)							(2)	(2)	Ordinary Shares	2,360.4864		2,360.4864	D
Restricted Stock Unit	(3)							(4)	(4)	Ordinary Shares	2,139		2,139	D
Restricted Stock Unit	(3)							(5)	(5)	Ordinary Shares	2,744		2,744	D
Performance Stock Units	(6)							(7)	(7)	Ordinary Shares	3,552		3,552	D
Performance Stock Units	(6)							(8)	(8)	Ordinary Shares	3,000		3,000	D
Performance Stock Units	(6)							(9)	(9)	Ordinary Shares	1,612		1,612	D
Performance Stock Units	(6)							(10)	(10)	Ordinary Shares	2,742		2,742	D
Performance Stock Units	(6)							(11)	(11)	Ordinary Shares	2,819		2,819	D
Performance Stock Units	(6)							(12)	(12)	Ordinary Shares	2,139		2,139	D
Performance Stock Units	(6)							(13)	(13)	Ordinary Shares	2,744		2,744	D

Explanation of Responses:

1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $41.46 to $41.52 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 sold at each separate price.

2. Each Dividend Equivalent Unit ("DEU") represents a contingent right to receive one Ordinary Share of FDP. DEUs are subject to vesting and/or performance criteria based on the underlying Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.

3. The RSUs convert to Ordinary Shares on a one-for-one basis.

4. 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.

5. The RSUs were awarded on 3/2/2026 and vest in three equal installments over three years. The vesting will occur on each of 3/2/2027, 3/2/2028 and 3/2/2029.

6. The PSUs convert to Ordinary Shares on a one-for-one basis.

7. 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 2/20/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.

8. The PSUs were awarded on 2/20/2019subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/20/2020, 2/20, 2021 and 2/20/2022. The PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.

9. The PSUs were awarded on 3/2/2020 subject to meeting minimum performance criteria which was met at 83%. The PSUs vest 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.

10. 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.

11. 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 installments. The remaining vesting will occur on 3/1/2027.

12. The PSUs were awarded on 3/3/2025 subject to meeting 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.

13. The PSUs were awarded on 3/2/2026 and are earned subject to meeting the minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/2/2027, 3/2/2028 and 3/2/2029.

Remarks:

	/s/ Effie D. Silva, Attorney-in-Fact for Gianpaolo Renino	03/10/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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FAQ

What did FDP executive Gianpaolo Renino report in this Form 4 filing?

Gianpaolo Renino reported selling 6,297 Ordinary Shares of Fresh Del Monte Produce at a weighted average of $41.46 per share. After the transaction, he directly holds 3,197.501 Ordinary Shares, plus various unvested equity awards that can convert into shares if vesting and performance conditions are met.

At what price did FDP SVP Gianpaolo Renino sell his shares?

He sold 6,297 Ordinary Shares at a weighted average price of $41.46 per share. Footnotes state the sale prices ranged from $41.46 to $41.52. Renino has offered to provide full price breakdowns on request to the SEC staff, the company, or any security holder.

How many FDP shares does Gianpaolo Renino hold after the reported sale?

After the open-market sale, Gianpaolo Renino directly holds 3,197.501 Ordinary Shares of Fresh Del Monte Produce. In addition to these shares, he has multiple unvested awards such as RSUs, PSUs, and Dividend Equivalent Units that may convert into shares over time, subject to vesting and performance conditions.

What Dividend Equivalent Units does Gianpaolo Renino hold in FDP?

Renino holds Dividend Equivalent Units representing a contingent right to 2,360.4864 underlying Ordinary Shares of Fresh Del Monte Produce. Each DEU corresponds one-for-one to an Ordinary Share and is tied to related RSU or PSU awards, vesting alongside those underlying equity grants when conditions are satisfied.

What Restricted Stock Units does Gianpaolo Renino have from FDP?

He holds RSUs convertible into 2,139 and 2,744 Ordinary Shares of Fresh Del Monte Produce on a one-for-one basis. One grant awarded on 3/3/2025 vests in three annual installments through 3/3/2028, and another awarded on 3/2/2026 vests annually through 3/2/2029 if service conditions are met.

How are Gianpaolo Renino’s FDP Performance Stock Units structured?

Renino holds several PSU awards, each converting to Ordinary Shares on a one-for-one basis once performance criteria are met. Older PSU grants from 2017, 2019, 2020 and 2021 have met minimum performance hurdles and vested in installments, with settlement scheduled six months after employment termination, while newer awards vest in annual tranches.