FDP director sells 6,000 shares at $35.8521; 7,499 remain
Fresh Del Monte Produce (FDP): Director transaction reported.
Rhea-AI Filing Summary
Fresh Del Monte Produce (FDP): Director transaction reported. Director Michael J. Berthelot sold 6,000 ordinary shares on 11/03/2025 at a weighted average price of $35.8521. Following the sale, he directly beneficially owns 7,499 shares.
The filing notes price executions ranged from $35.80 to $35.9521, with full breakdowns available upon request. In addition to common shares, the reporting person holds 79.3601 Dividend Equivalent Units, each representing a contingent right to one ordinary share and subject to the same vesting terms as the related RSUs. He also holds 4,489 Restricted Stock Units that convert one-for-one into ordinary shares and will vest on the one-year anniversary of the grant date (May 5, 2025).
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 6,000 | $35.8521 | $215K |
| holding | Dividend Equivalent Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
Footnotes (5)
- F1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $35.80 to $35.9521 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- F2. Each Dividend Equivalent Unit ("DEU") represent 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 79.3601 shares acquired through a dividend reinvestment plan.
- F4. The RSUs convert to Ordinary Shares on a one-for-one basis.
- F5. These RSUs shall vest on the one-year anniversary of the grant date (May 5, 2025).
FAQ
What insider transaction did FDP report on Form 4?
What are the Dividend Equivalent Units (DEUs) reported?
How many Restricted Stock Units (RSUs) were reported and how do they convert?
When do the RSUs vest for the FDP director?
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