FDP director exercises RSUs, adds to share holdings
FRESH DEL MONTE PRODUCE INC director Ahmad Abu-Ghazaleh increased his equity stake through compensation-related share activity.
Rhea-AI Filing Summary
FRESH DEL MONTE PRODUCE INC director Ahmad Abu-Ghazaleh increased his equity stake through compensation-related share activity. On May 5, 2026, he exercised Restricted Stock Units and related Dividend Equivalent Units into ordinary shares, converting 4,489 RSUs and 149.2267 DEUs on a one-for-one basis.
The filing shows he received a new grant of 3,717 RSUs on May 4, 2026, which are scheduled to vest on the one-year anniversary of that grant date. After these transactions, he directly holds 53,028 ordinary shares and 3,717 RSUs, and indirectly 40,000 ordinary shares held by his children.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,638.2267 shares exercised/converted
Exercise
6 txns
Insider
Abu-Ghazaleh Ahmad
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Units | 149.2267 | $0.00 | $0.00 |
| Exercise | Restricted Stock Units | 4,489 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 4,489 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 149 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Units | 3,717 | $0.00 | $0.00 |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Dividend Equivalent Units — 0 contracts (Direct);
Restricted Stock Units — 3,717 contracts (Direct);
Ordinary Shares — 53,177 shares (Direct);
Ordinary Shares — 40,000 shares (Indirect, Held By Children)
Footnotes (6)
- F1. 0.2267 Dividend Equivalent Units ("DEUs") were deducted from the total due to fractional shares being paid in cash.
- F2. Each Dividend Equivalent Unit ("DEU") represents a contingent right to receive one ordinary share of FDP. DEUs are subject to the same restrictions and vesting criteria based on the underlying Restricted Stock Units ("RSUs") to which they relate.
- F3. Includes 149.2267 shares acquired through a dividend reinvestment plan.
- F4. The RSUs convert to Ordinary Shares on a one-for-one basis.
- F5. These RSUs vested on the one-year anniversary of the grant date (May 5, 2025).
- F6. These RSUs shall vest on the one-year anniversary of the grant date (May 4, 2026).
Key Figures
RSUs exercised: 4,489 shares
Dividend Equivalent Units exercised: 149.2267 units
New RSU grant: 3,717 RSUs
+3 more
6 metrics
RSUs exercised
4,489 shares
Restricted Stock Units converted to ordinary shares on May 5, 2026
Dividend Equivalent Units exercised
149.2267 units
DEUs converted to ordinary shares on May 5, 2026; 0.2267 paid in cash
New RSU grant
3,717 RSUs
Awarded on May 4, 2026, vesting one year after grant
Direct ordinary shares after transactions
53,028 shares
Director’s direct holdings after May 5, 2026 conversions
Indirect ordinary shares
40,000 shares
Ordinary shares reported as held by children as of May 4, 2026
Total derivative exercises
4,638.2267 units
Aggregate RSUs and DEUs exercised according to transaction summary
Key Terms
Restricted Stock Units, Dividend Equivalent Units, dividend reinvestment plan, vest, +1 more
5 terms
Restricted Stock Units financial
"The RSUs convert to Ordinary Shares on a one-for-one basis."
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
"Each Dividend Equivalent Unit ("DEU") represents a contingent right to receive one ordinary share of FDP."
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 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 (May 5, 2025)."
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.
indirect financial
"Ordinary Shares, total_shares_following_transaction 40000.0000, direct_or_indirect I, nature_of_ownership Held By Children"
FAQ
What did FDP director Ahmad Abu-Ghazaleh report in this Form 4?
He reported exercising previously granted Restricted Stock Units and Dividend Equivalent Units into ordinary shares and receiving a new RSU grant. These are compensation-related equity transactions, with no reported open-market share purchases or sales in this filing.
What new Restricted Stock Units did Abu-Ghazaleh receive from FDP?
He received a grant of 3,717 Restricted Stock Units on May 4, 2026. These RSUs convert to ordinary shares on a one-for-one basis and are scheduled to vest on the one-year anniversary of the grant date, subject to their vesting conditions.
What are Dividend Equivalent Units in the FDP Form 4 filing?
Dividend Equivalent Units give a contingent right to receive one ordinary share for each unit, mirroring dividends on related RSUs. In this filing, 149.2267 units converted into ordinary shares, with a 0.2267-unit fractional portion paid in cash instead of additional stock.
Were any of Abu-Ghazaleh’s FDP equity transactions open-market trades?
The filing shows exercises and grants of equity awards but no open-market purchases or sales. All reported activities involve conversions of RSUs and Dividend Equivalent Units or the award of new RSUs, typical for director compensation programs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
