[Form 4] Fresh Del Monte Produce Inc. Insider Trading Activity

Rhea-AI Filing Summary

Gianpaolo Renino, SVP Europe & Africa of Fresh Del Monte Produce Inc. (FDP), reported an open-market sale of 12,192 ordinary shares on 08/20/2025 at $36.53 per share. After the sale his reported beneficial ownership is 3,196.501 shares (direct). The Form 4 also discloses ownership of dividend equivalent units and multiple equity awards that convert one-for-one to ordinary shares, including 2,308.6151 DEUs, 954 RSUs, and a series of vested or unvested PSUs totaling several thousand shares across awards from 2017 through 2025. The filing was signed by an attorney-in-fact on 08/21/2025.

Positive

• Complete disclosure of the open-market sale and detailed schedules for RSUs, PSUs and DEUs
• Transparency on performance outcomes for prior PSU awards (reported achievement rates: 88.8%, 100%, 83%, 91%, 100%)
• Retention of substantial equity exposure via outstanding RSUs, PSUs and DEUs despite the sale

Negative

• Insider sale of 12,192 shares could be perceived negatively by some investors
• Direct beneficial holdings reduced to 3,196.501 shares after the transaction

Insights

Corporate Governance Expert

TL;DR: Insider sale disclosed; routine compliance filing with detailed equity award schedules, limited immediate governance impact.

The Form 4 shows a single open-market disposition by a senior executive rather than a scheduled plan purchase or accelerated vesting event. The filing provides transparent reconciliation of direct holdings and derivative awards, including DEUs, RSUs and PSUs with vesting schedules and performance outcomes for prior awards. This disclosure supports governance transparency but does not by itself indicate strategic change or material corporate action.

Compensation Analyst

TL;DR: Equity compensation remains significant, with multiple PSU and RSU tranches outstanding across several grant years.

Reported awards span 2017 to 2025 and include both time-based RSUs and performance-based PSUs, some of which remain unvested. Prior PSU award metrics show performance vesting rates between 83% and 100% for past cycles, suggesting historically partial-to-full achievement of performance targets. The sale of 12,192 shares reduces direct holdings but the executive retains meaningful equity exposure through deferred and performance-linked instruments.

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
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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^*

Renino Gianpaolo

(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 Europe & Africa

3. Date of Earliest Transaction (Month/Day/Year)
08/20/2025

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	08/20/2025		S		12,192	D	$36.53	3,196.501	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	(1)							(1)	(1)	Ordinary Shares	2,308.6151		2,308.6151(2)	D
Restricted Stock Units	(3)							(4)	(4)	Ordinary Shares	954		954	D
Restricted Stock Unit	(3)							(5)	(5)	Ordinary Shares	3,208		3,208	D
Performance Stock Units	(6)							(7)	(7)	Ordinary Shares	3,552		3,552	D
Performance Stock Units	(6)							(8)	(8)	Ordinary Shares	3,000		3,000	D
Performance Stock Units	(6)							(9)	(9)	Ordinary Shares	1,612		1,612	D
Performance Stock Units	(6)							(10)	(10)	Ordinary Shares	2,742		2,742	D
Performance Stock Units	(6)							(11)	(11)	Ordinary Shares	5,638		5,638	D
Performance Stock Units	(6)							(12)	(12)	Ordinary Shares	3,208		3,208	D

Explanation of Responses:

1. Each Dividend Equivalent Unit ("DEU") represents a contingent right to receive one Ordinary Share of the Issuer. DEUs are subject to vesting and/or performance criteria based on the underlying Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.

2. Includes 502.6339 DEUs acquired through a dividend reinvestment plan.

3. The RSUs convert to Ordinary Shares on a one-for-one basis.

4. 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.

5. The RSUs were awarded on 3/3/2025 and vest in three equal installments over three years. The vesting will occur on each of 3/3/2026, 3/3/2027 and 3/3/2028.

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

7. The PSUs were awarded on 2/22/2017 subject to meeting minimum performance criteria, which was met at 88.8%. The PSUs vest in three equal annual installments on each of 2/22/2018, 2/22/2019 and 2/20/2020. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.

8. The PSUs were awarded on 2/20/2019 and subject to meeting minimum performance criteria which was met at 100%. The PSUs vest in three equal annual installments on each of 2/20/2020, 2/20/2021 and 2/20/2022. The PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.

9. The PSUs were awarded on 3/2/2020 and subject to meeting minimum performance criteria, which was met at 83%. The PSUs vest in three equal annual installments on each of 3/1/2021, 3/1/2022 and 3/1/2023. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.

10. The PSUs were awarded on 3/1/2021 and subject to meeting minimum performance criteria, which was met at 91%. The PSUs vest in three equal annual installments on each of 3/1/2022, 3/1/2023 and 3/1/2024. PSUs and associated DEUs will settle on the six-month anniversary after termination of employment.

11. The PSUs were awarded on 3/1/2024 and 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.

12. 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 Gianpaolo Renino	08/21/2025
	** 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.
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FAQ

What did Gianpaolo Renino (FDP) report on Form 4?

He reported an open-market sale of 12,192 ordinary shares on 08/20/2025 at $36.53 per share and detailed his remaining direct and derivative holdings.

How many shares does Renino beneficially own after the sale?

The Form 4 states a reported beneficial ownership of 3,196.501 shares (direct).

What types of equity awards are disclosed in the filing?

The filing lists Dividend Equivalent Units (DEUs), Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) with vesting schedules and conversion one-for-one to ordinary shares.

Are performance outcomes for prior PSU awards provided?

Yes. The filing discloses prior PSU performance achievement rates including 88.8%, 100%, 83%, 91%, and 100% for respective award years.

When will unvested RSUs or PSUs vest?

The filing provides specific vesting dates by award: examples include remaining RSU vesting on 3/2/2026 and PSU vesting dates across 2026 to 2028 depending on the grant.