Fresh Del Monte (NYSE: FDP) CEO converts PSUs into 57,721 Ordinary Shares

Rhea-AI Filing Summary

Fresh Del Monte Produce Inc. Chairman and CEO Mohammad Abu Ghazaleh reported equity compensation activity on March 1, 2026. He acquired 57,721 Ordinary Shares through the exercise and conversion of Performance Stock Units and 4,305 Ordinary Shares from Dividend Equivalent Units, both at $0.00 per share.

After these conversions, he directly held 5,024,250 Ordinary Shares, plus 10,221.4485 Dividend Equivalent Units, 7,589 Restricted Stock Units, and 70,961 Performance Stock Units. An additional 20,000 Ordinary Shares were reported as held indirectly by his spouse.

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

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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^*

ABU GHAZALEH MOHAMMAD

(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)

X	Director	X	10% Owner
X	Officer (give title below)		Other (specify below)
	Chairman and CEO

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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	03/01/2026		M		57,721	A	$0	5,019,945	D
Ordinary Shares	03/01/2026		M		4,305(1)	A	$0	5,024,250	D
Ordinary Shares								20,000	I	Held by Spouse

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)	03/01/2026		M			4,305.5665(1)	(2)	(2)	Ordinary Shares	4,305.5665	$0	10,221.4485	D
Restricted Stock Units	(3)							(4)	(4)	Ordinary Shares	7,589		7,589	D
Restricted Stock Unit	(3)							(5)	(5)	Ordinary Shares	70,961		70,961	D
Performance Stock Units	(6)	03/01/2026		M			57,721	(7)	(7)	Ordinary Shares	57,721	$0	57,721	D
Performance Stock Units	(6)							(8)	(8)	Ordinary Shares	70,961		70,961	D

Explanation of Responses:

1. A fractional share of Dividend Equivalent Unit ("DEU") on the vesting of Performance Stock Unit ("PSUs") was paid in cash.

2. 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.

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

4. The RSUs were awarded on 3/2/2023 and vest in three equal installments over three years. The remaining vesting will occur on 3/2/2026.

5. The RSUs were awarded on 3/3/2025 and will vest in three equal installments over three years. The vestings will occur on 3/3/2026, 3/3/2027 and 3/3/2028.

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

7. These PSUs were awarded on 3/1/2024 subject to meeting the minimum performance criteria which was met at 105.5%. The PSUs vest in three equal annual installments. The remaining vestings will occur on 3/1/2026 and 3/1/2027.

8. These PSUs were awarded on 3/3/2025 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/3/2026, 3/3/2027 and 3/3/2028.

Remarks:

	/s/ Effie D. Silva, Attorney-in-Fact for Mohammad Abu-Ghazaleh	03/03/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
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FAQ

What did FDP Chairman and CEO Mohammad Abu Ghazaleh report on this Form 4?

Mohammad Abu Ghazaleh reported equity compensation activity, mainly the conversion of Performance Stock Units and Dividend Equivalent Units into Ordinary Shares at no cost, increasing his directly held Fresh Del Monte Produce Inc. shares and related equity-based award balances.

How many Fresh Del Monte (FDP) shares did the CEO acquire through Performance Stock Units?

He acquired 57,721 Ordinary Shares via the exercise and conversion of Performance Stock Units at a price of $0.00 per share, reflecting the settlement of previously granted performance-based awards into actual Fresh Del Monte equity.

What are Dividend Equivalent Units in the FDP CEO’s Form 4 filing?

Dividend Equivalent Units represent a contingent right to receive one Ordinary Share each, mirroring dividends on underlying RSUs or PSUs. They convert into shares upon vesting, subject to the same restrictions and performance or time-based criteria as the related stock units.

What is the CEO’s reported direct Ordinary Share ownership in FDP after these transactions?

Following the conversions on March 1, 2026, Mohammad Abu Ghazaleh directly held 5,024,250 Ordinary Shares of Fresh Del Monte Produce Inc., alongside additional equity-based awards such as Dividend Equivalent Units, Restricted Stock Units, and Performance Stock Units.

Are any Fresh Del Monte (FDP) shares reported as indirectly owned by the CEO?

Yes. The filing reports 20,000 Ordinary Shares held indirectly, described as held by his spouse. These shares are separate from his directly owned holdings and are disclosed as indirect ownership in the Form 4 data.

How do the Restricted Stock Units reported for the FDP CEO work?

Restricted Stock Units convert to Ordinary Shares on a one-for-one basis. They vest in scheduled installments over multiple years, with specific remaining vesting dates such as March 2, 2026 and March 3, 2026–2028, depending on the original award grant date.

What performance condition is disclosed for the FDP Performance Stock Units?

Certain Performance Stock Units awarded on March 1, 2024 became earned after meeting minimum performance criteria at 105.5%. Once earned, these PSUs vest in three equal annual installments, with remaining vesting scheduled for March 1, 2026 and March 1, 2027.