Fresh Del Monte (NYSE: FDP) SVP gains stock from RSU and PSU vesting

Rhea-AI Filing Summary

Fresh Del Monte Produce SVP Europe & Africa Gianpaolo Renino reported acquiring additional shares through equity awards on March 3, 2026. He received 1,069 Ordinary Shares from vested Restricted Stock Units, another 1,069 Ordinary Shares from vested Performance Stock Units, and 77 Ordinary Shares from Dividend Equivalent Units, all at a stated price of $0.00 per share via derivative exercises coded “M”. Following these transactions, his directly held Ordinary Shares position increased to 9,494.501 shares, and he continues to hold various outstanding RSUs, PSUs and related Dividend Equivalent Units that convert to Ordinary Shares on a one-for-one basis, subject to vesting and performance conditions.

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

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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^*

Renino Gianpaolo

(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 Europe & Africa

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		1,069	A	$0	8,348.501	D
Ordinary Shares	03/03/2026		M		1,069	A	$0	9,417.501	D
Ordinary Shares	03/03/2026		M		77(1)	A	$0	9,494.501	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	(2)	03/03/2026		M			77.0248(1)	(2)	(2)	Ordinary Shares	77.0248	$0	2,360.4864	D
Restricted Stock Unit	(3)	03/03/2026		M			1,069	(4)	(4)	Ordinary Shares	1,069	$0	2,139	D
Restricted Stock Unit	(3)							(5)	(5)	Ordinary Shares	2,744		2,744	D
Performance Stock Units	(6)							(7)	(7)	Ordinary Shares	3,552		3,552	D
Performance Stock Units	(6)							(8)	(8)	Ordinary Shares	3,000		3,000	D
Performance Stock Units	(6)							(9)	(9)	Ordinary Shares	1,612		1,612	D
Performance Stock Units	(6)							(10)	(10)	Ordinary Shares	2,742		2,742	D
Performance Stock Units	(6)							(11)	(11)	Ordinary Shares	2,819		2,819	D
Performance Stock Units	(6)	03/03/2026		M			1,069	(12)	(12)	Ordinary Shares	1,069	$0	2,139	D
Performance Stock Units	(6)							(13)	(13)	Ordinary Shares	2,744		2,744	D

Explanation of Responses:

1. A fractional share of Dividend Equivalent Units ("DEUs") on the Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs") vesting was paid in cash.

2. Each DEUs represents a contingent right to receive one Ordinary Share of FDP. DEUs are subject to vesting and/or performance criteria based on the underlying RSUs and/or PSUs.

3. The RSUs convert to Ordinary Shares on a one-for-one basis.

4. 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.

5. 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.

6. The PSUs convert to Ordinary Shares on a one-for-one basis.

7. The PSUs were awarded on 2/22/2017 subject to meeting minimum performance criteria which was met at 88.8%. The PSUs vested in three equal annual installments on each of 2/22/2018, 2/22/2019 and 2/20/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.

8. The PSUs were awarded on 2/20/2019 subject to meeting minimum performance criteria which was met at 100%. The PSUs vested in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2021. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.

9. The PSUs were awarded on 3/2/2020 subject to meeting minimum performance criteria which was met at 83%. The PSUs vested in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.

10. The PSUs were awarded on 3/1/2021 subject to meeting minimum performance criteria which was met at 91%. The PSUs vested in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.

11. 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 installments. The remaining vesting will occur on 3/1/2027.

12. 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.

13. The PSUs were awarded on 3/2/2026 and are earned subject to meeting the 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 Gianpaolo Renino	03/05/2026
	** Signature of Reporting Person	Date
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FAQ

What did FDP executive Gianpaolo Renino report in this Form 4 filing?

Gianpaolo Renino reported acquiring additional Fresh Del Monte Produce (FDP) Ordinary Shares through vesting of equity awards. Restricted Stock Units, Performance Stock Units and Dividend Equivalent Units converted into Ordinary Shares at a stated price of $0.00 per share via derivative exercises coded “M”.

How many Fresh Del Monte Ordinary Shares did Renino acquire on March 3, 2026?

On March 3, 2026, Renino acquired 1,069 Ordinary Shares from vested RSUs, 1,069 Ordinary Shares from vested PSUs, and 77 Ordinary Shares from Dividend Equivalent Units. All were recorded as derivative exercises or conversions with a transaction price per share of $0.00.

What is Gianpaolo Renino’s Ordinary Share holding in FDP after these transactions?

After the reported March 3, 2026 equity award conversions, Renino directly holds 9,494.501 Ordinary Shares of Fresh Del Monte Produce. This figure reflects his updated direct ownership following the RSU, PSU and Dividend Equivalent Unit exercises disclosed with transaction code “M”.

How do Renino’s RSUs and PSUs in FDP convert into Ordinary Shares?

Renino’s Restricted Stock Units and Performance Stock Units each convert into Ordinary Shares on a one-for-one basis. Footnotes state that RSUs and PSUs, and related Dividend Equivalent Units, are subject to vesting schedules and performance criteria before they settle into Ordinary Shares.

What performance outcomes are disclosed for Gianpaolo Renino’s FDP Performance Stock Units?

Footnotes show several PSU awards granted in prior years with minimum performance criteria met at 83%, 88.8%, 91%, and 100%. These PSUs vested in three annual installments, with settlement of certain PSU and Dividend Equivalent Unit awards scheduled after termination of employment.

What future vesting dates are disclosed for Renino’s FDP RSUs and PSUs?

The filing notes remaining RSU and PSU vestings on dates including 3/1/2027, 3/2/2027, 3/2/2028, 3/2/2029, 3/3/2027 and 3/3/2028. These awards vest in three equal annual installments, subject to applicable performance criteria where specified.