STOCK TITAN

Fresh Del Monte (NYSE: FDP) CFO sells shares and records new stock units

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

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.
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*
VICENTE MONICA

(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, Chief Financial Officer
3. Date of Earliest Transaction (Month/Day/Year)
03/03/2026
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 03/03/2026 M 2,480 A $0 19,829 D
Ordinary Shares 03/03/2026 M 2,480 A $0 22,309 D
Ordinary Shares 03/03/2026 M 178(1) A $0 22,487 D
Ordinary Shares 03/04/2026 S 630(2) D $42.28 21,857 D
Ordinary Shares 03/04/2026 S 630(3) D $42.28 21,227 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 (4) 03/03/2026 M 178.6912(1) (4) (4) Ordinary Shares 178.6912 $0 861.0252 D
Restricted Stock Units (5) 03/03/2026 M 2,480 (6) (6) Ordinary Share 2,480 $0 4,963 D
Restricted Stock Units (5) (7) (7) Ordinary Shares 6,351 6,351 D
Performance Stock Units (8) (9) (9) Ordinary Shares 6,749 6,749 D
Performance Stock Units (8) 03/03/2026 M 2,480 (10) (10) Ordinary Shares 2,480 $0 4,963 D
Performance Stock Units (8) (11) (11) Ordinary Shares 6,351 6,351 D
Explanation of Responses:
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.
2. Represents shares sold to cover withholding tax obligations on the settlement of the Reporting Person's RSUs.
3. Represents shares sold to cover withholding tax obligations on the settlement of the Reporting Person's PSUs.
4. 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.
5. The RSUs convert to Ordinary Shares on a one-for-one basis.
6. 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.
7. 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.
8. The PSUs convert to Ordinary Shares on a one-for-one basis.
9. 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.
10. 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.
11. 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.
Remarks:
/s/ Effie D. Silva, Attorney-in-Fact for Monica Vicente 03/05/2026
** 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.

FAQ

What insider transactions did FDP CFO Monica Vicente report?

Monica Vicente reported a combination of stock sales and equity award vesting. She sold 1,260 Ordinary Shares at $42.28 per share and received Ordinary Shares through the vesting and conversion of RSUs, PSUs, and dividend equivalent units.

How many Fresh Del Monte (FDP) shares did the CFO sell and at what price?

The CFO reported selling 1,260 Ordinary Shares of Fresh Del Monte Produce at $42.28 per share. Footnotes explain these shares were sold to cover withholding tax obligations tied to the settlement of restricted and performance stock units.

How many Fresh Del Monte (FDP) shares does the CFO own after these transactions?

After the reported transactions, Monica Vicente directly owns 21,227 Ordinary Shares of Fresh Del Monte Produce. She also holds additional restricted stock units, performance stock units, and dividend equivalent units that may convert into shares as they vest over future dates.

Were the FDP CFO’s share sales part of tax withholding on equity awards?

Yes. Footnotes state the reported sales represent shares sold to cover withholding tax obligations on the settlement of the CFO’s restricted stock units and performance stock units, rather than discretionary open-market selling for liquidity.

What types of equity awards did the FDP CFO receive or vest in?

The CFO’s transactions involve Restricted Stock Units (RSUs), Performance Stock Units (PSUs), and related Dividend Equivalent Units (DEUs). RSUs and PSUs convert to Ordinary Shares on a one-for-one basis, with vesting tied to service and, for PSUs, performance criteria.

Over what period will the FDP CFO’s RSUs and PSUs continue vesting?

Footnotes describe RSU and PSU awards that vest in three equal annual installments, with remaining vesting dates noted on 3/1/2027, 3/3/2027, 3/3/2028, 3/2/2027, 3/2/2028, and 3/2/2029, subject to ongoing service and performance conditions.
Fresh Del Monte Produce Inc

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38.85M
Farm Products
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