Fresh Del Monte (NYSE: FDP) CFO sells shares and records new stock units
Rhea-AI Filing Summary
FRESH DEL MONTE PRODUCE INC senior finance executive Monica Vicente, SVP and Chief Financial Officer, reported a mix of stock sales and equity award vesting. On March 4, 2026, she sold a total of 1,260 Ordinary Shares in open-market transactions at $42.28 per share, with footnotes stating the shares were sold to cover withholding tax obligations on settled restricted and performance stock units.
On March 3, 2026, she acquired Ordinary Shares at no cost through the exercise and conversion of vested restricted stock units, performance stock units, and related dividend equivalent units. Following these transactions, she directly owns 21,227 Ordinary Shares, along with outstanding restricted and performance stock units and dividend equivalent units that are scheduled to vest over multiple future dates, subject to service and performance conditions.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 630 | $42.28 | $27K |
| Sale | Ordinary Shares | 630 | $42.28 | $27K |
| Exercise | Dividend Equivalent Units | 178.691 | $0.00 | -- |
| Exercise | Restricted Stock Units | 2,480 | $0.00 | -- |
| Exercise | Performance Stock Units | 2,480 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,480 | $0.00 | -- |
| Exercise | Ordinary Shares | 2,480 | $0.00 | -- |
| Exercise | Ordinary Shares | 178 | $0.00 | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
Footnotes (1)
- A fractional share of Dividend Equivalent Units ("DEUs") of the Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs") vesting was paid in cash. Represents shares sold to cover withholding tax obligations on the settlement of the Reporting Person's RSUs. Represents shares sold to cover withholding tax obligations on the settlement of the Reporting Person's PSUs. 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 RSUs and/or PSUs to which they relate. The RSUs convert to Ordinary Shares on a one-for-one basis. 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. The RSUs were awarded on 3/2/2026 and vest in three equal installments over three years. The vestings will occur on 3/2/2027, 3/2/2028 and 3/2/2029. The PSUs convert to Ordinary Shares on a one-for-one basis. 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 annual installments. The remaining vesting will occur on 3/1/2027. 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. The PSUs were awarded on 3/2/2026 and are earned subject to meeting 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.