Fresh Del Monte CEO granted stock units and shares
Fresh Del Monte Produce Inc. Chairman and CEO Mohammad Abu Ghazaleh reported multiple equity award activities on March 2, 2026.
Rhea-AI Filing Summary
Fresh Del Monte Produce Inc. Chairman and CEO Mohammad Abu Ghazaleh reported multiple equity award activities on March 2, 2026. Dividend Equivalent Units and Restricted Stock Units were exercised or converted at $0.00 per share, delivering 7,589 Ordinary Shares and 802 Ordinary Shares, respectively.
On the same date, he received grants of 55,788 Restricted Stock Units and 55,788 Performance Stock Units, each convertible into Ordinary Shares on a one-for-one basis, subject to time-based vesting and, for PSUs, performance criteria. Footnotes describe multi-year vesting schedules running through 2029 and performance achievement of 105.5% for one PSU award.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Units | 802.9324 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 7,589 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 55,788 | $0.00 | $0.00 |
| Grant/Award | Performance Stock Units | 55,788 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 7,589 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 802 | $0.00 | $0.00 |
| holding | Restricted Stock Unit | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Footnotes (10)
- F1. A fractional share of Dividend Equivalent Units ("DEUs") on the Restricted Stock Units ("RSUs") vesting was paid in cash.
- F2. 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 Performance Stock Units ("PSUs") to which they relate.
- F3. The RSUs convert to Ordinary Shares on a one-for-one basis.
- F4. The RSUs were awarded on 3/2/2023 and vest in three equal installments over three years. The vesting occurred on 3/2/2026.
- F5. 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.
- F6. The RSUs were awarded on 3/2/2026 and vest in three equal installments over three years. The vestings will occur on each 3/2/2027, 3/2/2028 and 3/2/2029.
- F7. The PSUs convert to Ordinary Shares on a one-to-one basis.
- F8. The 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 vesting will occur on 3/1/2027.
- F9. 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 3/3/2026, 3/3/2027 and 3/3/2028.
- F10. 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.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did FDP Chairman Mohammad Abu Ghazaleh report on March 2, 2026?
What new equity awards did FDP grant to Mohammad Abu Ghazaleh on March 2, 2026?
What are the vesting terms for the new FDP Restricted Stock Units granted in 2026?
How do the Fresh Del Monte Performance Stock Units work for Mohammad Abu Ghazaleh?
AI-generated analysis. How Rhea-AI works. Not financial advice.