Fresh Del Monte (FDP) insider: PSUs vest, small tax-related sale reported

Rhea-AI Filing Summary

Insider transactions by Danny Dumas, SVP, NA Sales, Mkt & Prd Mgmt at Fresh Del Monte Produce Inc. (FDP). On 09/06/2025 Mr. Dumas was issued 31.2432 dividend equivalent units and 883 performance stock units (both recorded as acquisitions at $0), plus 3,964 restricted stock units and an additional 3,964 performance stock units shown as beneficially owned. On 09/08/2025 he sold 273 ordinary shares at $35.75 per share to cover taxes related to PSU vesting. Following these transactions, he beneficially owned 641 ordinary shares directly. The filing notes fractional DEUs were paid in cash and that certain PSUs met minimum performance criteria at 100%.

Positive

• PSUs awarded on 9/6/2024 met minimum performance criteria at 100%, enabling vesting
• Detailed vesting schedules disclosed for RSUs and PSUs (annual installments through 2026–2028)
• Fractional DEUs were paid in cash, avoiding fractional-share complications

Negative

• Shares sold (273) on 09/08/2025 at $35.75 to cover taxes, reducing direct shareholding
• Beneficial ownership remains modest with 641 ordinary shares reported directly after transactions

Insights

Securities Analyst

TL;DR: Routine executive equity vesting and tax-related sale; not a material corporate event.

The Form 4 discloses standard compensation-related equity activity: dividend equivalent units, restricted stock units and performance stock units converting into ordinary shares, and a small sale of 273 shares at $35.75 to cover tax obligations. The filing indicates performance criteria for certain PSUs were met at 100%, triggering vesting schedules. These transactions reflect compensation realization rather than open-market investment or divestiture and do not by themselves change control or materially alter outstanding share counts.

Corporate Governance Expert

TL;DR: Compensation-driven equity issuance with documented vesting timelines and tax withholding sale; disclosure is complete.

The report provides clear detail on the nature of awards (RSUs, PSUs, DEUs), vesting schedules and the tax-withholding sale. Vesting schedules span 2026–2028 for RSUs and remaining PSUs; one PSU grant met minimum performance at 100% which is explicitly stated. Signature by an Attorney-in-Fact is documented. This is a routine insider reporting event consistent with executive compensation administration.

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

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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^*

Dumas Danny

(Last) (First) (Middle)

C/O FRESH DEL MONTE PRODUCE INC.,

241 SEVILLA AVENUE

(Street)

CORAL GABLES FL 33114

(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, NA Sales, Mkt & Prd Mgmt

3. Date of Earliest Transaction (Month/Day/Year)
09/06/2025

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	09/06/2025		A		31(1)	A	$0	31	D
Ordinary Shares	09/06/2025		A		883	A	$0	914	D
Ordinary Shares	09/08/2025		S		273(2)	D	$35.75	641	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	(3)	09/06/2025		M			31.2432	(3)	(3)	Ordinary Shares	31.2432	$0	282.361	D
Restricted Stock Units	(4)							(5)	(5)	Ordinary Shares	3,964		3,964	D
Performance Stock Units	(6)	09/06/2025		M			883	(7)	(7)	Ordinary Shares	883	$0	1,768	D
Performance Stock Units	(6)							(8)	(8)	Ordinary Shares	3,964		3,964	D

Explanation of Responses:

1. .2432 Dividend Equivalent Units ("DEUs") were deducted from the total due to fractional shares being paid in cash.

2. Reflects shares sold for taxes payable upon the vesting of Performance Stock Units ("PSUs").

3. Each DEU represents a contingent right to receive one Ordinary Share of the Issuer. 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.

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

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

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

7. The PSUs were awarded on 9/6/2024 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 9/6/2026 and 9/6/2027.

8. The PSUs were awarded on 3/3/2025 and are earned subject to meeting the 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 Danny Dumas	09/09/2025
	** 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).
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FAQ

What transactions did Danny Dumas report on Form 4 for FDP?

He was issued DEUs, RSUs and PSUs on 09/06/2025 and sold 273 ordinary shares on 09/08/2025 at $35.75 to cover taxes.

How many performance stock units (PSUs) met performance criteria?

PSUs awarded on 9/6/2024 met minimum performance criteria at 100%, contributing to vesting.

What vesting schedule applies to the RSUs and PSUs reported?

RSUs awarded 3/3/2025 vest in three equal annual installments on 3/3/2026, 3/3/2027 and 3/3/2028; certain PSUs vest in three equal annual installments in 2026–2028.

Why were shares sold on 09/08/2025?

The filing states shares were sold to pay taxes payable upon the vesting of Performance Stock Units.

What is Mr. Dumas's relationship to FDP?

He is an officer (SVP, North America Sales, Marketing & Product Management) and a director as indicated on the form.