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Fresh Del Monte (NYSE: FDP) GC records share sale and new stock unit grants

Filing Impact
(Neutral)
Filing Sentiment
(Negative)
Form Type
4

Rhea-AI Filing Summary

Fresh Del Monte Produce SVP and General Counsel Effie D. Silva reported multiple equity transactions. On 3/3/2026 she sold 285 Ordinary Shares at $42.50 per share in an open‑market transaction, with a footnote explaining the sale was to cover withholding tax obligations on the vesting of her restricted stock units. After this sale, she directly owned 11,133.1318 Ordinary Shares.

On 3/2/2026, several equity awards and conversions occurred. She acquired 1,045 Ordinary Shares through the conversion of Restricted Stock Units and 110 Ordinary Shares through the conversion of Dividend Equivalent Units at a price of $0.00 per share. She was also granted 4,976 Restricted Stock Units and 4,976 Performance Stock Units, which each convert into Ordinary Shares on a one‑for‑one basis and vest in equal annual installments over three years subject to applicable vesting and performance conditions.

Positive

  • None.

Negative

  • None.
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
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
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*
SILVA EFFIE D

(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, General Counsel & Secy
3. Date of Earliest Transaction (Month/Day/Year)
03/02/2026
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 03/02/2026 M 1,045 A $0 11,308.1318 D
Ordinary Shares 03/02/2026 M 110(1) A $0 11,418.1318 D
Ordinary Shares 03/03/2026 S 285(2) D $42.5 11,133.1318 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 (3) 03/02/2026 M 110.5629(1) (3) (3) Ordinary Shares 110.5629 $0 843.0127 D
Restricted Stock Units (4) 03/02/2026 M 1,045 (5) (5) Ordinary Shares 1,045 $0 0 D
Restricted Stock Units (4) (6) (6) Ordinary Shares 6,328 6,328 D
Restricted Stock Units (4) 03/02/2026 A 4,976 (7) (7) Ordinary Shares 4,976 $0 4,976 D
Performance Stock Units (8) (9) (9) Ordinary Shares 5,189 5,189 D
Performance Stock Units (8) (10) (10) Ordinary Shares 6,328 6,328 D
Performance Stock Units (8) 03/02/2026 A 4,976 (11) (11) Ordinary Shares 4,976 $0 4,976 D
Explanation of Responses:
1. A fractional share of Dividend Equivalent Units ("DEUs") on the Restricted Stock Units ("RSUs") vesting was paid in cash.
2. Represents shares sold to cover withholding tax obligations on the settlement of the vesting of the Reporting Person's RSUs.
3. Each 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 RSUs and/or Performance Stock Units ("PSUs") to which they relate.
4. The RSUs convert to Ordinary Shares on a one-for-one basis.
5. The RSUs were awarded on 3/2/2023 and vest in three equal installments over three years. The remaining vesting occurred on 3/2/2026.
6. The RSUs were awarded on 3/3/2025 and vest in three equal installments over three years. The vestings will occur on 3/3/2026, 3/3/2027 and 3/3/2028.
7. The RSUs were awarded on 3/2/2026 and vest in three equal installments over three years. The vestings will occur on each of 3/2/2027, 3/2/2028 and 3/2/2029.
8. The PSUs convert to Ordinary Shares on a one-for-one basis.
9. 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 annual installments. The remaining vesting will occur on 3/1/2027.
10. The PSUs were awarded on 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.
11. The PSUs were awarded on 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.
Remarks:
/s/ Effie D. Silva 03/04/2026
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

What did FDP executive Effie D. Silva sell in this Form 4 filing?

Effie D. Silva sold 285 Ordinary Shares of Fresh Del Monte Produce at $42.50 per share. A footnote explains these shares were sold to cover withholding tax obligations arising from the vesting of her restricted stock units.

How many Fresh Del Monte Ordinary Shares does Effie D. Silva own after these transactions?

After the reported transactions, Effie D. Silva directly owns 11,133.1318 Ordinary Shares of Fresh Del Monte Produce. This reflects both the vesting-related share acquisitions and the 285-share sale to satisfy tax withholding obligations.

What new equity awards did Effie D. Silva receive from FDP in this Form 4?

Effie D. Silva received grants of 4,976 Restricted Stock Units and 4,976 Performance Stock Units. Each unit represents a contingent right to receive one Ordinary Share, subject to time-based vesting and, for performance units, meeting specified performance criteria.

How were restricted stock units and dividend equivalent units treated in this FDP filing?

Restricted Stock Units and Dividend Equivalent Units converted into Ordinary Shares on a one‑for‑one basis at a price of $0.00 per share. Some DEUs associated with vesting RSUs included a fractional share component that was settled in cash instead of stock.

Over what period will Effie D. Silva’s new FDP RSU and PSU awards vest?

The new Restricted Stock Units and Performance Stock Units vest in three equal annual installments. Footnotes specify vesting dates in successive years, with installments scheduled across 2027, 2028, and 2029, subject to applicable time-based and performance conditions.

Are Effie D. Silva’s FDP Performance Stock Units subject to performance conditions?

Yes. The Performance Stock Units are earned only if minimum performance criteria are achieved. Once earned, they convert into Ordinary Shares on a one‑for‑one basis and then vest in three equal annual installments on specified future dates outlined in the award footnotes.
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