STOCK TITAN

Fresh Del Monte (NYSE: FDP) SVP sells 5,894 shares, retains equity units

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

Rhea-AI Filing Summary

Fresh Del Monte Produce senior vice president, general counsel and secretary Effie D. Silva reported an open-market sale of 5,894 Ordinary Shares at $41.94 per share. After this transaction, she directly holds 8,536.1318 Ordinary Shares.

She also holds equity-based awards that convert one-for-one into Ordinary Shares, including Dividend Equivalent Units tied to 691.0531 underlying shares, as well as multiple Restricted Stock Units and Performance Stock Units. The footnotes state these units vest in equal annual installments through dates ranging from 2027 to 2029, subject in some cases to performance criteria that have been met at 100%.

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)
03/09/2026
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 03/09/2026 S 5,894 D $41.94 8,536.1318 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 (1) (1) (1) Ordinary Shares 691.0531 691.0531 D
Restricted Stock Units (2) (3) (3) Ordinary Shares 4,219 4,219 D
Restricted Stock Units (2) (4) (4) Ordinary Shares 4,976 4,976 D
Performance Stock Units (5) (6) (6) Ordinary Shares 5,189 5,189 D
Performance Stock Units (5) (7) (7) Ordinary Shares 4,219 4,219 D
Performance Stock Units (5) (8) (8) Ordinary Shares 4,976 4,976 D
Explanation of Responses:
1. 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.
2. The RSUs convert to Ordinary Shares on a one-for-one basis.
3. The RSUs were awarded on 3/3/2025 and vest in three equal installments over three years. The remaining vestings will occur on 3/3/2027 and 3/3/2028.
4. The RSUs were awarded on 3/2/2026 and vest in three equal installments over three years. The vestings will occur on 3/2/2027, 3/2/2028 and 3/2/2029.
5. The PSUs convert to Ordinary Shares on a one-for-one basis.
6. 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.
7. The PSUs were awarded on 3/3/2025 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 3/3/2027 and 3/3/2028.
8. 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 03/11/2026
** 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 insider transaction did FDP executive Effie D. Silva report?

Effie D. Silva reported selling 5,894 Ordinary Shares at $41.94 each. The transaction was an open-market sale, and she continues to hold additional Ordinary Shares plus various unvested equity awards that may convert into shares over future vesting dates.

How many Fresh Del Monte (FDP) shares does Effie D. Silva hold after the sale?

After the sale, Effie D. Silva directly holds 8,536.1318 Ordinary Shares. In addition to these shares, she has Dividend Equivalent Units, Restricted Stock Units, and Performance Stock Units that can convert into Ordinary Shares as they vest over time.

At what price were Effie D. Silva’s FDP shares sold in the Form 4 filing?

The reported sale price was $41.94 per Ordinary Share. Silva’s Form 4 shows an open-market sale of 5,894 shares at this price, providing transparency into the transaction terms and her remaining direct share ownership position at the company.

What Dividend Equivalent Units does Effie D. Silva hold at Fresh Del Monte (FDP)?

She holds Dividend Equivalent Units tied to 691.0531 underlying Ordinary Shares. Each unit represents a contingent right to receive one share and follows the same vesting and performance conditions as the related Restricted Stock Units and Performance Stock Units described in the filing.

How do Effie D. Silva’s RSUs and PSUs in FDP vest and convert to shares?

The RSUs and PSUs convert to Ordinary Shares on a one-for-one basis. They generally vest in three equal annual installments on specified dates between 2027 and 2029, with certain Performance Stock Units earned upon meeting minimum performance criteria at 100%.

What performance conditions apply to Effie D. Silva’s FDP Performance Stock Units?

Some Performance Stock Units were earned after minimum performance criteria were met at 100%. These PSUs then vest in three equal annual installments, with remaining vesting dates including March 1, 2027 and March 3 of 2027 and 2028, as disclosed.
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