Fresh Del Monte (NYSE: FDP) SVP gains shares from PSU, RSU vesting

Q: What did FDP executive Ziad Nabulsi report in this Form 4?

Ziad Nabulsi, SVP of North American Operations at Fresh Del Monte Produce (FDP) , reported equity award vesting and derivative conversions, not open-market trades. Performance Stock Units and Dividend Equivalent Units converted into Ordinary Shares , increasing his direct ownership position in company stock.

Q: How many Fresh Del Monte Ordinary Shares does Nabulsi now hold directly?

After the reported transactions, Ziad Nabulsi holds 13,731 Ordinary Shares of Fresh Del Monte Produce directly. This reflects the conversion of 3,009 Performance Stock Units and 224 Dividend Equivalent Units into Ordinary Shares at a stated price of $0.00 per share.

Q: What equity awards were exercised or converted in this FDP Form 4 filing?

The filing shows conversions of Performance Stock Units and Dividend Equivalent Units into Ordinary Shares . Specifically, 3,009 PSUs and 224.4496 Dividend Equivalent Units were exercised or converted at $0.00 per share, reflecting equity compensation rather than open-market purchases.

Q: What are Dividend Equivalent Units (DEUs) and how do they work for FDP awards?

For Fresh Del Monte , each Dividend Equivalent Unit represents a contingent right to receive one Ordinary Share. DEUs follow the same restrictions, vesting schedule, and performance criteria as the underlying Restricted Stock Units or Performance Stock Units to which they relate, aligning with dividend reinvestment.

Q: What vesting schedules apply to Nabulsi’s FDP Restricted Stock Units?

One grant of Restricted Stock Units was awarded on March 2, 2023 and vests in three equal annual installments, with remaining vesting on March 2, 2026 . Another RSU grant from March 3, 2025 vests equally on March 3, 2026, 2027, and 2028 .

Q: How do Nabulsi’s Performance Stock Units in FDP vest and convert?

The Performance Stock Units convert to Ordinary Shares on a one-for-one basis once performance criteria are met. A March 1, 2024 PSU grant vested at 100% of minimum performance and vests in three annual installments, with remaining vesting on March 1, 2026 and March 1, 2027 .

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Fresh Del Monte Produce SVP Ziad Nabulsi increased his direct equity stake through equity award vesting and conversions, not open-market trading. On March 1, 2026, he converted 3,009 Performance Stock Units and 224 Dividend Equivalent Units into Ordinary Shares at a price of $0.00 per share, lifting his direct Ordinary Share holdings to 13,731 shares. His account now also reflects 608.9478 Dividend Equivalent Units, plus ongoing awards of Restricted Stock Units and Performance Stock Units that convert one-for-one into Ordinary Shares and vest in equal annual installments through 2028, subject to the stated vesting and performance conditions.

Insider Trade Summary

3,233.45 shares exercised/converted

Mixed 7 txns

Insider Nabulsi Ziad

Role SVP, North American Operations

Type	Security	Shares	Price	Value
Exercise	Dividend Equivalent Units	224.45	$0.00	--
Exercise	Performance Stock Units	3,009	$0.00	--
Exercise	Ordinary Shares	3,009	$0.00	--
Exercise	Ordinary Shares	224	$0.00	--
holding	Restricted Stock Units	--	--	--
holding	Restricted Stock Units	--	--	--
holding	Performance Stock Units	--	--	--

Holdings After Transaction: Dividend Equivalent Units — 608.948 shares (Direct); Performance Stock Units — 3,009 shares (Direct); Ordinary Shares — 13,507 shares (Direct); Restricted Stock Units — 1,160 shares (Direct)

Footnotes (1)

A fractional share of Dividend Equivalent Units ("DEUs") on the Performance Stock Units ("PSUs") vesting was paid in cash . Each DEU represents a contingent right to receive one ordinary shares 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 PSUs to which they relate. Includes 248.0083 DEUs acquired through a dividend reinvestment plan. The RSUs convert to Ordinary Shares on a one-for-one basis. 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. The RSUs were awarded on 3/3/2025 and vest in three equal installments over three years. The vestings will occur on each of 3/3/2026, 3/3/2027 and 3/3/2028. The PSUs convert to Ordinary Shares on a one-for-one basis. These 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 vestings will occur on 3/1/2026 and 3/1/2027. These 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 3/2/2026, 3/2/2027 and 3/2/2028.

Form 4 Insider Transactions: What Each Field Means →

03/03/2026 - 05:24 PM

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^*

Nabulsi Ziad

(Last)

(First)

(Middle)

C/O FRESH DEL MONTE PRODUCE INC

241 SEVILLA AVENUE

(Street)

CORAL GABLES

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, North American Operations

3. Date of Earliest Transaction (Month/Day/Year)
03/01/2026

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)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Ordinary Shares	03/01/2026		M		3,009	A	$0	13,507	D
Ordinary Shares	03/01/2026		M		224⁽¹⁾	A	$0	13,731	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)
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)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Dividend Equivalent Units	⁽²⁾	03/01/2026		M			224.4496⁽¹⁾	⁽²⁾	⁽²⁾	Ordinary Shares	224.4496	$0	608.9478⁽³⁾	D
Restricted Stock Units	⁽⁴⁾							⁽⁵⁾	⁽⁵⁾	Ordinary Shares	1,160		1,160	D
Restricted Stock Units	⁽⁴⁾							⁽⁶⁾	⁽⁶⁾	Ordinary Shares	3,633		3,633	D
Performance Stock Units	⁽⁷⁾	03/01/2026		M			3,009	⁽⁸⁾	⁽⁸⁾	Ordinary Shares	3,009	$0	3,009	D
Performance Stock Units	⁽⁷⁾							⁽⁹⁾	⁽⁹⁾	Ordinary Shares	3,633		3,633	D

Explanation of Responses:

1. A fractional share of Dividend Equivalent Units ("DEUs") on the Performance Stock Units ("PSUs") vesting was paid in cash .

2. Each DEU represents a contingent right to receive one ordinary shares 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 PSUs to which they relate.

3. Includes 248.0083 DEUs acquired through a dividend reinvestment plan.

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 will occur 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 each of 3/3/2026, 3/3/2027 and 3/3/2028.

7. The PSUs convert to Ordinary Shares on a one-for-one basis.

8. These 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 vestings will occur on 3/1/2026 and 3/1/2027.

9. These 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 3/2/2026, 3/2/2027 and 3/2/2028.

Remarks:

	/s/ Effie D. Silva, Attorney-in-Fact for Ziad Nabulsi	03/03/2026
	** 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.

Source: View Original Filing on SEC EDGAR

FAQ

What did FDP executive Ziad Nabulsi report in this Form 4?

Ziad Nabulsi, SVP of North American Operations at Fresh Del Monte Produce (FDP), reported equity award vesting and derivative conversions, not open-market trades. Performance Stock Units and Dividend Equivalent Units converted into Ordinary Shares, increasing his direct ownership position in company stock.

How many Fresh Del Monte Ordinary Shares does Nabulsi now hold directly?

After the reported transactions, Ziad Nabulsi holds 13,731 Ordinary Shares of Fresh Del Monte Produce directly. This reflects the conversion of 3,009 Performance Stock Units and 224 Dividend Equivalent Units into Ordinary Shares at a stated price of $0.00 per share.

What equity awards were exercised or converted in this FDP Form 4 filing?

The filing shows conversions of Performance Stock Units and Dividend Equivalent Units into Ordinary Shares. Specifically, 3,009 PSUs and 224.4496 Dividend Equivalent Units were exercised or converted at $0.00 per share, reflecting equity compensation rather than open-market purchases.

What are Dividend Equivalent Units (DEUs) and how do they work for FDP awards?

For Fresh Del Monte, each Dividend Equivalent Unit represents a contingent right to receive one Ordinary Share. DEUs follow the same restrictions, vesting schedule, and performance criteria as the underlying Restricted Stock Units or Performance Stock Units to which they relate, aligning with dividend reinvestment.

What vesting schedules apply to Nabulsi’s FDP Restricted Stock Units?

One grant of Restricted Stock Units was awarded on March 2, 2023 and vests in three equal annual installments, with remaining vesting on March 2, 2026. Another RSU grant from March 3, 2025 vests equally on March 3, 2026, 2027, and 2028.

How do Nabulsi’s Performance Stock Units in FDP vest and convert?

The Performance Stock Units convert to Ordinary Shares on a one-for-one basis once performance criteria are met. A March 1, 2024 PSU grant vested at 100% of minimum performance and vests in three annual installments, with remaining vesting on March 1, 2026 and March 1, 2027.