Equity awards for Fresh Del Monte (NYSE: FDP) SVP include 2,900 RSUs, 2,900 PSUs
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Fresh Del Monte Produce senior vice president Danny Dumas received new equity awards in the form of derivatives tied to ordinary shares. On March 2, 2026, he was granted 2,900 Restricted Stock Units (RSUs) and 2,900 Performance Stock Units (PSUs) at a stated price of zero per unit as part of compensation. Footnotes state that both RSUs and PSUs convert to ordinary shares on a one-for-one basis, with vesting in three equal annual installments once time- and, for PSUs, performance-based conditions are met. The filing also updates his direct holdings of dividend equivalent units, RSUs, PSUs and ordinary shares after these awards.
Positive
- None.
Negative
- None.
Insider Trade Summary
7 transactions reported
Mixed
7 txns
Insider
Dumas Danny
Role
SVP, NA Sales, Mkt & Prd Mgmt
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Restricted Stock Units | 2,900 | $0.00 | -- |
| Grant/Award | Performance Stock Units | 2,900 | $0.00 | -- |
| holding | Dividend Equivalent Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Restricted Stock Units — 2,900 shares (Direct);
Performance Stock Units — 2,900 shares (Direct);
Dividend Equivalent Units — 362.962 shares (Direct);
Ordinary Shares — 641 shares (Direct)
Footnotes (1)
- 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 and/or performance criteria based on the underlying Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate. Includes 80.6008 DEUs were acquired through a dividend reinvestment plan. The RSUs convert to Ordinary Shares on a one-for-one basis. The RSUs were awarded on 3/3/2025 and vest in three equal installments over three years. The vesting will occur on 3/3/2026, 3/3/2027 and 3/3/2028. The RSUs were awarded on 3/2/2026 and vested in three equal installments over three years. The vestings will occur on 3/2/2027, 3/2/2028 and 3/2/2029. The PSUs convert to Ordinary Shares on a one-for-one basis. The PSUs were awarded on 9/6/2024 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 9/6/2026 and 9/6/2027. The PSUs were awarded in 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. The PSUs were awarded 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
What insider transaction did Fresh Del Monte (FDP) report for Danny Dumas?
Fresh Del Monte reported that SVP Danny Dumas received equity awards on March 2, 2026. He was granted 2,900 Restricted Stock Units and 2,900 Performance Stock Units at a stated price of zero per unit as part of his compensation package.
What are the vesting terms for Danny Dumas’s new RSU and PSU awards at Fresh Del Monte?
The RSUs awarded March 2, 2026 vest in three equal annual installments on March 2, 2027, 2028 and 2029. The PSUs granted March 2, 2026 vest annually in three equal installments on the same dates, subject to meeting minimum performance criteria first.
What are Dividend Equivalent Units in the Fresh Del Monte (FDP) Form 4 for Danny Dumas?
Dividend Equivalent Units are rights that mirror ordinary shares and track dividends on underlying RSUs or PSUs. Each DEU represents a contingent right to receive one ordinary share and follows the same restrictions and vesting criteria as the related RSUs or PSUs.