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Fresh Del Monte (NYSE: FDP) SVP Silva sells shares after PSU and RSU vesting

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Fresh Del Monte Produce Inc. SVP and General Counsel Effie D. Silva reported multiple equity transactions. On 2026-03-02, she sold 1,365 Ordinary Shares in an open‑market transaction at a price of $42.88 per share, leaving 10,263.1318 Ordinary Shares held directly.

On 2026-03-01, Performance Stock Units and related Dividend Equivalent Units were converted, adding 5,189 and 387 Ordinary Shares, respectively, at a conversion price of $0.00 per share. Footnotes explain that RSUs and PSUs convert to Ordinary Shares on a one‑for‑one basis and detail future vesting dates through 2028.

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Insider SILVA EFFIE D
Role SVP, General Counsel & Secy
Sold 1,365 shs ($59K)
Type Security Shares Price Value
Sale Ordinary Shares 1,365 $42.88 $59K
Exercise Dividend Equivalent Units 387.062 $0.00 --
Exercise Performance Stock Units 5,189 $0.00 --
Exercise Ordinary Shares 5,189 $0.00 --
Exercise Ordinary Shares 387 $0.00 --
holding Restricted Stock Units -- -- --
holding Restricted Stock Units -- -- --
holding Performance Stock Units -- -- --
Holdings After Transaction: Ordinary Shares — 10,263.132 shares (Direct); Dividend Equivalent Units — 953.576 shares (Direct); Performance Stock Units — 5,189 shares (Direct); Restricted Stock Units — 1,045 shares (Direct)
Footnotes (1)
  1. Includes 0.0092 shares acquired through a dividend reinvestment plan. A fractional share of Dividend Equivalent Units ("DEUs") on the vesting Performance Stock Units ("PSUs") was paid in cash. Each 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 PSUs to which they relate. Includes 203.6827 shares acquired through a dividend reinvestment plan. The RSUs convert to Ordinary Shares on a one-for-one basis. 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. The RSUs were awarded on 3/3/2025 and vest in three equal installments over three years. The vestings will occur on each of 3/3/2026, 3/3/2027 and 3/3/2028. The PSUs convert to Ordinary Shares on a one-for-one basis. The PSUs were awarded on 3/1/2024 and 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 3/1/2026 and 3/1/2027. The 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 3/2/2026, 3/3/2027 and 3/3/2028.
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Form 4 Insider Transactions: What Each Field Means →
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*
SILVA EFFIE D
(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, General Counsel & Secy
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 5,189 A $0 11,241.1318(1) D
Ordinary Shares 03/01/2026 M 387(2) A $0 11,628.1318 D
Ordinary Shares 03/02/2026 S 1,365 D $42.88 10,263.1318 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 (3) 03/01/2026 M 387.0617(2) (3) (3) Ordinary Shares 387.0617 $0 953.5756(4) D
Restricted Stock Units (5) (6) (6) Ordinary Shares 1,045 1,045 D
Restricted Stock Units (5) (7) (7) Ordinary Shares 6,328 6,328 D
Performance Stock Units (8) 03/01/2026 M 5,189 (9) (9) Ordinary Shares 5,189 $0 5,189 D
Performance Stock Units (8) (10) (10) Ordinary Shares 6,328 6,328 D
Explanation of Responses:
1. Includes 0.0092 shares acquired through a dividend reinvestment plan.
2. A fractional share of Dividend Equivalent Units ("DEUs") on the vesting Performance Stock Units ("PSUs") was paid in cash.
3. Each 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 PSUs to which they relate.
4. Includes 203.6827 shares acquired through a dividend reinvestment plan.
5. The RSUs convert to Ordinary Shares on a one-for-one basis.
6. 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.
7. The RSUs were awarded on 3/3/2025 and vest in three equal installments over three years. The vestings will occur on each of 3/3/2026, 3/3/2027 and 3/3/2028.
8. The PSUs convert to Ordinary Shares on a one-for-one basis.
9. The PSUs were awarded on 3/1/2024 and 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 3/1/2026 and 3/1/2027.
10. The 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 3/2/2026, 3/3/2027 and 3/3/2028.
Remarks:
/s/ Effie D. Silva 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).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions did FDP executive Effie D. Silva report?

Effie D. Silva reported an open‑market sale of 1,365 FDP Ordinary Shares at $42.88 per share and several equity award conversions. These included Performance Stock Units and Dividend Equivalent Units converting into Ordinary Shares at $0.00 per share.

How many Fresh Del Monte (FDP) shares does Effie D. Silva hold after the sale?

After the 2026-03-02 sale, Effie D. Silva directly holds 10,263.1318 FDP Ordinary Shares. This figure reflects earlier conversions of Performance Stock Units and Dividend Equivalent Units into Ordinary Shares on 2026-03-01, followed by the reported open‑market sale.

What price did Effie D. Silva receive per FDP share in the reported sale?

The reported open‑market sale of FDP Ordinary Shares was executed at $42.88 per share. The transaction involved 1,365 shares sold on 2026-03-02, as disclosed in the Form 4, and was classified as a sale in the open market.

What are the key details of Effie D. Silva’s FDP Performance Stock Units?

Performance Stock Units convert to FDP Ordinary Shares on a one‑for‑one basis. Some PSUs awarded on 2024-03-01 vested after meeting minimum performance criteria, with remaining vesting scheduled for 2026-03-01 and 2027-03-01, subject to the described performance and vesting terms.

How do Dividend Equivalent Units (DEUs) work for FDP equity awards?

Each Dividend Equivalent Unit represents a contingent right to receive one FDP Ordinary Share. DEUs follow the same restrictions, vesting, and performance criteria as the underlying Restricted Stock Units or Performance Stock Units, with any fractional DEU related to vesting PSUs paid in cash rather than shares.

What are the vesting schedules for Effie D. Silva’s FDP Restricted Stock Units?

Certain RSUs awarded on 2023-03-02 vest in three equal annual installments, with remaining vesting on 2026-03-02. Additional RSUs granted on 2025-03-03 also vest in three equal installments on 2026-03-03, 2027-03-03, and 2028-03-03.