Fresh Del Monte SVP sells shares, stock units vest
Fresh Del Monte Produce Inc. SVP and General Counsel Effie D. Silva reported multiple equity transactions.
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.
Positive
- None.
Negative
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,365 | $42.88 | $59K |
| Exercise | Dividend Equivalent Units | 387.0617 | $0.00 | $0.00 |
| Exercise | Performance Stock Units | 5,189 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 5,189 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 387 | $0.00 | $0.00 |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
Footnotes (10)
- F1. Includes 0.0092 shares acquired through a dividend reinvestment plan.
- F2. A fractional share of Dividend Equivalent Units ("DEUs") on the vesting Performance Stock Units ("PSUs") was paid in cash.
- F3. 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.
- F4. Includes 203.6827 shares acquired through a dividend reinvestment plan.
- F5. The RSUs convert to Ordinary Shares on a one-for-one basis.
- F6. 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.
- F7. 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.
- F8. The PSUs convert to Ordinary Shares on a one-for-one basis.
- F9. 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.
- F10. 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.
FAQ
What insider transactions did FDP executive Effie D. Silva report?
What are the key details of Effie D. Silva’s FDP Performance Stock Units?
How do Dividend Equivalent Units (DEUs) work for FDP equity awards?
What are the vesting schedules for Effie D. Silva’s FDP Restricted Stock Units?
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