Fresh Del Monte director converts RSUs to shares
FRESH DEL MONTE PRODUCE INC director Charles Beard Jr. reported equity compensation activity involving Restricted Stock Units (RSUs) and related awards.
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Rhea-AI Filing Summary
FRESH DEL MONTE PRODUCE INC director Charles Beard Jr. reported equity compensation activity involving Restricted Stock Units (RSUs) and related awards. On May 5, 2026, previously granted RSUs and associated Dividend Equivalent Units (DEUs) were converted into ordinary shares at a $0.00 exercise price.
The Form 4 also shows a grant of 3,717 RSUs on May 4, 2026, each RSU representing a contingent right to receive one ordinary share on a one-for-one basis. These RSUs are scheduled to vest on the one-year anniversary of the grant date, May 4, 2026, and all transactions are compensation-related rather than open-market buying or selling.
Insider Trade Summary
| 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 |
Footnotes (6)
- F1. 0.2267 Dividend Equivalent Units ("DEUs") were deducted from the total due to fractional shares being 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 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
Key Terms
Restricted Stock Units financial
Dividend Equivalent Units financial
dividend reinvestment plan financial
vest financial
FAQ
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What did Charles Beard Jr. report in the latest FDP Form 4 filing?
What new Restricted Stock Unit grant did FDP director Charles Beard Jr. receive?
When do the newly granted RSUs to Charles Beard Jr. vest at Fresh Del Monte (FDP)?
What are Dividend Equivalent Units in the context of FDP’s Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.