Fresh Del Monte (NYSE: FDP) director exercises RSUs and receives new equity grant
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
FRESH DEL MONTE PRODUCE INC director Amir Abu Ghazaleh reported equity compensation activity involving Ordinary Shares, Restricted Stock Units (RSUs), and Dividend Equivalent Units (DEUs). On May 4, 2026, he received a grant of 3,717 RSUs, each convertible into one Ordinary Share.
On May 5, 2026, previously granted RSUs and associated DEUs vested and were converted into Ordinary Shares. This included 4,489 RSUs and 149.2267 DEUs, with a small 0.2267 fraction settled in cash. All transactions were at a stated price of $0.00 per unit and reflect compensation-related awards and vesting rather than open-market purchases or sales.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,638.227 shares exercised/converted
Mixed
5 txns
Insider
ABU GHAZALEH AMIR
Role
null
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Units | 149.227 | $0.00 | -- |
| Exercise | Restricted Stock Units | 4,489 | $0.00 | -- |
| Exercise | Ordinary Shares | 4,489 | $0.00 | -- |
| Exercise | Ordinary Shares | 149 | $0.00 | -- |
| Grant/Award | Restricted Stock Units | 3,717 | $0.00 | -- |
Holdings After Transaction:
Dividend Equivalent Units — 0 shares (Direct, null);
Restricted Stock Units — 0 shares (Direct, null);
Ordinary Shares — 3,284,295 shares (Direct, null)
Footnotes (1)
- 0.2267 Dividend Equivalent Units ("DEUs") were deducted from the total due to fractional shares being paid in cash. Each DEU represents a contingent right to receive one Ordinary Share of the Issuer. DEUs are subject to the same restrictions and vesting criteria based on the underlying Restricted Stock Units ("RSUs") to which they relate. Includes 149.2267 Ordinary Shares acquired through a dividend reinvestment plan. The RSUs convert to Ordinary Shares on a one-for-one basis. These RSUs vested on the one-year anniversary of the grant date (May 5, 2025). These RSUs shall vest on the one-year anniversary of the grant date (May 4, 2026).
Key Figures
RSUs vested and converted: 4,489 shares
Dividend Equivalent Units converted: 149.2267 units
New RSU grant: 3,717 units
+2 more
5 metrics
RSUs vested and converted
4,489 shares
Restricted Stock Units converted to Ordinary Shares on May 5, 2026
Dividend Equivalent Units converted
149.2267 units
DEUs related to RSUs converted to Ordinary Shares on May 5, 2026
New RSU grant
3,717 units
Restricted Stock Units granted on May 4, 2026
Total derivative exercises
4,638.2267 units
Aggregate RSUs and DEUs exercised per transaction summary
Stated transaction price
$0.00 per unit
All RSU and DEU conversions and grants
Key Terms
Restricted Stock Units, Dividend Equivalent Units, dividend reinvestment plan, vest
4 terms
Restricted Stock Units financial
"The filing reports grants and conversions of Restricted Stock Units ("RSUs") into Ordinary Shares."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
Dividend Equivalent Units financial
"Dividend Equivalent Units ("DEUs") converted into Ordinary Shares alongside the underlying RSUs."
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
dividend reinvestment plan financial
"Includes 149.2267 Ordinary Shares acquired through a dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
vest financial
"These RSUs vested on the one-year anniversary of the grant date."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transactions did FDP director Amir Abu Ghazaleh report?
Amir Abu Ghazaleh reported equity compensation activity, including a grant of 3,717 Restricted Stock Units and the vesting and conversion of 4,489 RSUs and 149.2267 Dividend Equivalent Units into Ordinary Shares, all at a stated price of $0.00 per unit.
What Restricted Stock Unit grant did FDP report for Amir Abu Ghazaleh?
The filing shows a grant of 3,717 Restricted Stock Units on May 4, 2026. Each RSU represents a contingent right to receive one Ordinary Share and is scheduled to vest on the one-year anniversary of that grant date, subject to applicable criteria.
How were Dividend Equivalent Units treated in the FDP Form 4 for Amir Abu Ghazaleh?
A total of 149.2267 Dividend Equivalent Units related to earlier RSU awards converted into Ordinary Shares on May 5, 2026. According to the filing, 0.2267 DEUs were settled in cash due to fractional share treatment, with whole units converting one-for-one into shares.
When did the previously granted FDP RSUs for Amir Abu Ghazaleh vest?
Footnotes state those RSUs vested on the one-year anniversary of their grant date, identified as May 5, 2025. Upon vesting, 4,489 Restricted Stock Units, together with related Dividend Equivalent Units, were converted into Ordinary Shares of FRESH DEL MONTE PRODUCE INC.