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Fresh Del Monte (NYSE: FDP) CEO discloses 28,558-share sale and equity holdings

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

Rhea-AI Filing Summary

Fresh Del Monte Produce Inc. chairman and CEO Mohammad Abu-Ghazaleh, who is also a director and 10% owner, reported selling 28,558 ordinary shares on 12/15/2025 at a weighted average price of $38.4169 per share. The sale (code S) was executed pursuant to a Rule 10b5-1 trading plan adopted on September 16, 2025.

After this transaction, he beneficially owns 4,962,224 ordinary shares directly and 20,000 shares indirectly through his spouse. He also holds derivative equity awards, including 14,527.015 dividend equivalent units, 7,589 restricted stock units that vest in three equal installments through 3/3/2028, and performance stock units covering 70,961 and 115,442 ordinary shares that vest annually through 3/3/2028, subject to specified performance criteria such as a 105.5% achievement level on one PSU grant.

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).
X
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*
ABU GHAZALEH MOHAMMAD

(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)
X Director X 10% Owner
X Officer (give title below) Other (specify below)
Chairman and CEO
3. Date of Earliest Transaction (Month/Day/Year)
12/15/2025
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 12/15/2025 S 28,558(1) D $38.4169(2) 4,962,224 D
Ordinary Shares 20,000 I Held by Spouse
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) (3) (3) Ordinary Shares 14,527.015 14,527.015(4) D
Restricted Stock Units (5) (6) (6) Ordinary Shares 7,589 7,589 D
Restricted Stock Unit (5) (7) (7) Ordinary Shares 70,961 70,961 D
Performance Stock Units (8) (9) (9) Ordinary Shares 115,442 115,442 D
Performance Stock Units (8) (10) (10) Ordinary Shares 70,961 70,961 D
Explanation of Responses:
1. The sales reported in this Form 4 were effected pursuant to a Rule 10b5-1 trading plan adopted by the Reporting Person on September 16, 2025.
2. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $38.005 to $38.70 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.
3. 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.
4. Includes 4,536.9974 shares acquired through a dividend reinvestment plan.
5. The RSUs convert to Ordinary Shares on a one-for-one basis.
6. The RSUs were awarded on 3/2/2023 and vest in three equal installments over three years. The remaining vesting will occur on 3/2/2026.
7. The RSUs were awarded on 3/3/2025 and will vest in three equal installments over three years. The vestings will occur on 3/3/2026, 3/3/2027 and 3/3/2028.
8. The PSUs convert to Ordinary Shares on a one-to-one basis.
9. These PSUs were awarded on 3/1/2024 subject to meeting the minimum performance criteria which was met at 105.5%. The PSUs vest in three equal annual installments. The remaining vestings will occur on 3/1/2026 and 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.
Remarks:
/s/ Effie D. Silva, Attorney-in-Fact for Mohammad Abu-Ghazaleh 12/17/2025
** 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 insider transaction did Fresh Del Monte (FDP) report for its CEO?

Fresh Del Monte reported that chairman and CEO Mohammad Abu-Ghazaleh sold 28,558 ordinary shares of the company on 12/15/2025, coded as a sale (code S).

At what price were the FDP shares sold by the CEO on 12/15/2025?

The 28,558 shares sold on 12/15/2025 were transacted at a weighted average price of $38.4169 per share, with individual sale prices ranging from $38.005 to $38.70 per share.

How many Fresh Del Monte (FDP) shares does the CEO own after the reported sale?

Following the sale, Mohammad Abu-Ghazaleh beneficially owns 4,962,224 ordinary shares directly and an additional 20,000 shares indirectly held by his spouse.

Was the FDP CEO’s share sale made under a Rule 10b5-1 trading plan?

Yes. The filing states that the sales were effected pursuant to a Rule 10b5-1 trading plan adopted by Mohammad Abu-Ghazaleh on September 16, 2025.

What dividend equivalent units and RSUs does the FDP CEO hold?

The CEO holds 14,527.015 dividend equivalent units, which each represent a contingent right to receive one ordinary share and follow the vesting of related RSUs and PSUs. He also holds 7,589 restricted stock units that convert into ordinary shares on a one-for-one basis.

What performance stock units (PSUs) does the Fresh Del Monte CEO hold and how do they vest?

Mohammad Abu-Ghazaleh holds PSUs covering 70,961 and 115,442 ordinary shares. One PSU grant awarded on 3/1/2024 met its minimum performance criteria at 105.5% and vests in three equal annual installments, with remaining vestings on 3/1/2026 and 3/1/2027. Another PSU grant awarded on 3/3/2025 is earned subject to minimum performance criteria and, once earned, vests in three equal annual installments on 3/3/2026, 3/3/2027 and 3/3/2028.

What is the relationship of the reporting person to Fresh Del Monte (FDP)?

The reporting person, Mohammad Abu-Ghazaleh, is identified as a director, 10% owner, and officer, serving as Chairman and CEO of Fresh Del Monte Produce Inc.

Fresh Del Monte Produce Inc

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Farm Products
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