Fresh Del Monte director exercises stock units
Fresh Del Monte Produce director Mary Ann Cloyd reported compensation-related equity activity, not open‑market trading.
Rhea-AI Filing Summary
Fresh Del Monte Produce director Mary Ann Cloyd reported compensation-related equity activity, not open‑market trading. On May 5, 2026, she exercised Restricted Stock Units and related Dividend Equivalent Units, converting 4,489 Ordinary Shares plus about 149 Ordinary Shares from dividend equivalents into stock.
The filing notes that 0.2267 Dividend Equivalent Units were settled in cash for fractional shares and that each unit converts into one Ordinary Share. After these conversions, Cloyd directly held 31,878 Ordinary Shares. On May 4, 2026, she also received a new grant of 3,717 Restricted Stock Units that are scheduled to vest on the one‑year anniversary of that grant date.
Positive
- None.
Negative
- None.
Insider Trade Summary
4,638.2267 shares exercised/converted
Exercise
5 txns
Insider
Cloyd Mary Ann
Role
Director
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Exercise | Dividend Equivalent Units | 149.2267 | $0.00 | $0.00 |
| Exercise | Restricted Stock Unit | 4,489 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 4,489 | $0.00 | $0.00 |
| Exercise | Ordinary Shares | 149 | $0.00 | $0.00 |
| Grant/Award | Restricted Stock Unit | 3,717 | $0.00 | $0.00 |
Holdings After Transaction:
Dividend Equivalent Units — 0 contracts (Direct);
Restricted Stock Unit — 3,717 contracts (Direct);
Ordinary Shares — 31,878 shares (Direct)
Footnotes (6)
- F1. 0.2267 Dividend Equivalent Units ("DEUs") were deducted from the total due to fractional shares being paid in cash.
- F2. Each DEU represent a contingent right to receive one ordinary share of FDP. DEUs are subject to the same restrictions and vesting criteria based on the underlying RSUs to which they relate.
- F3. Includes 149.2267 shares acquired through a dividend reinvestment plan.
- F4. The RSUs convert to Ordinary Shares on a one-for-one basis.
- F5. These RSUs vested on the one-year anniversary of the grant date (May 5, 2025).
- F6. These RSUs shall vest on the one-year anniversary of the grant date (May 4, 2026).
Key Figures
RSUs converted: 4,489 shares
Dividend Equivalent Units converted: 149.2267 units
New RSU grant: 3,717 units
+2 more
5 metrics
RSUs converted
4,489 shares
Restricted Stock Units converting into Ordinary Shares on May 5, 2026
Dividend Equivalent Units converted
149.2267 units
Dividend Equivalent Units linked to RSUs converted May 5, 2026
New RSU grant
3,717 units
Restricted Stock Units granted May 4, 2026
Shares held after transaction
31,878 Ordinary Shares
Direct ownership after conversions on May 5, 2026
Total derivative exercises
4,638.2267 units
Aggregate RSU and Dividend Equivalent Unit exercises reported
Key Terms
Restricted Stock Unit, Dividend Equivalent Units, dividend reinvestment plan, one-for-one basis, +1 more
5 terms
Restricted Stock Unit financial
"The RSUs convert to Ordinary Shares on a one-for-one basis."
A restricted stock unit is a promise from a company to give an employee shares of stock after certain conditions are met, like staying with the company for a set amount of time. It’s like earning a bonus that turns into company stock once you’ve proven your commitment, making it a way to motivate and reward employees.
Dividend Equivalent Units financial
"Each DEU represent a contingent right to receive one ordinary share of FDP."
Dividend equivalent units are bookkeeping credits that mirror cash dividends paid on actual shares, granted to holders of stock-based awards such as restricted stock units or deferred compensation. They matter to investors because they increase a company’s reported employee compensation cost and can lead to issuance of more shares or cash payouts over time, similar to extra pay linked to ownership that affects shareholder dilution and corporate cash flow.
dividend reinvestment plan financial
"Includes 149.2267 shares acquired through a dividend reinvestment plan."
A dividend reinvestment plan lets shareholders automatically use cash dividends to buy more shares of the same company instead of receiving the money. It matters to investors because it turns regular payouts into a steady way to grow ownership and take advantage of compound returns—like having your savings automatically buy additional slices of a pie over time—while often reducing transaction costs and smoothing purchase timing.
one-for-one basis financial
"The RSUs convert to Ordinary Shares on a one-for-one basis."
vest financial
"These RSUs shall vest on the one-year anniversary of the grant date (May 4, 2026)."
A vest is the process by which an employee earns the right to receive certain benefits or ownership interests, such as stock or retirement funds, over time. It’s similar to earning a reward gradually, ensuring that the benefit becomes fully yours only after a set period or meeting specific conditions. This makes it important for investors because it determines when they can actually claim or use those benefits.
FAQ
What insider transactions did FDP director Mary Ann Cloyd report on this Form 4?
Mary Ann Cloyd reported equity compensation activity, not open-market trades. She exercised Restricted Stock Units and Dividend Equivalent Units into Ordinary Shares and received a new grant of Restricted Stock Units, all as part of the company’s equity compensation program.
What Restricted Stock Unit grant did Mary Ann Cloyd receive from Fresh Del Monte (FDP)?
On May 4, 2026, Cloyd was granted 3,717 Restricted Stock Units. Each unit represents a contingent right to receive one Ordinary Share. According to the disclosure, these RSUs are scheduled to vest on the one-year anniversary of the May 4, 2026 grant date.
What are Dividend Equivalent Units in the context of FDP’s equity awards to directors?
Dividend Equivalent Units represent a contingent right to receive one Ordinary Share for each unit. They track dividends on the underlying Restricted Stock Units and are subject to the same vesting conditions. In this filing, some Dividend Equivalent Units converted into Ordinary Shares alongside vested RSUs.
AI-generated analysis. How Rhea-AI works. Not financial advice.
