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  4. [Form 4] FRESH DEL MONTE PRODUCE INC Insider Trading Activity

Fresh Del Monte (NYSE: FDP) SVP sells 1,072 shares to cover taxes

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

Rhea-AI Filing Summary

Fresh Del Monte Produce SVP, General Counsel & Secretary Effie D. Silva reported equity award activity and related share sales. On March 3, 2026, Silva exercised several vested Restricted Stock Units (RSUs), Performance Stock Units (PSUs) and Dividend Equivalent Units, each converting into Ordinary Shares at a price of $0.00 per share.

On March 4, 2026, Silva sold a total of 1,072 Ordinary Shares in two open-market transactions at $42.28 per share. Footnotes state these sales were made to cover withholding tax obligations on the settlement of her RSUs and PSUs. After these transactions, she directly owned 14,430.1318 Ordinary Shares, along with remaining RSU, PSU and DEU positions that continue to vest over time.

Positive

  • None.

Negative

  • None.
Insider SILVA EFFIE D
Role SVP, General Counsel & Secy
Sold 1,072 shs ($45K)
Type Security Shares Price Value
Sale Ordinary Shares 536 $42.28 $23K
Sale Ordinary Shares 536 $42.28 $23K
Exercise Dividend Equivalent Units 151.96 $0.00 --
Exercise Restricted Stock Units 2,109 $0.00 --
Exercise Performance Stock Units 2,109 $0.00 --
Exercise Ordinary Shares 2,109 $0.00 --
Exercise Ordinary Shares 2,109 $0.00 --
Exercise Ordinary Shares 151 $0.00 --
holding Restricted Stock Units -- -- --
holding Performance Stock Units -- -- --
holding Performance Stock Units -- -- --
Holdings After Transaction: Ordinary Shares — 14,966.132 shares (Direct); Dividend Equivalent Units — 691.053 shares (Direct); Restricted Stock Units — 4,219 shares (Direct); Performance Stock Units — 4,219 shares (Direct)
Footnotes (1)
  1. A fractional share of Dividend Equivalent Units ("DEUs") on the Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs") vesting was paid in cash. Represents shares sold to cover withholding tax obligations on the settlement of vesting of the Reporting Person's RSUs. Represents shares sold to cover withholding tax obligations on the settlement of the Reporting Person's PSUs. Each 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 RSUs and/or PSUs to which they relate. The RSUs convert to Ordinary Shares on a one-for-one basis. 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. 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. The PSUs convert to Ordinary Shares on a one-for-one basis. The PSUs were awarded on 3/1/2024 subject to meeting minimum performance criteria which was met at 100%. The PSUs vest in three annual equal installments. The remaining vesting will occur on 3/1/2027. 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. 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.
Form 4 Insider Transactions: What Each Field Means →
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)
03/03/2026
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 03/03/2026 M 2,109 A $0 13,242.1318 D
Ordinary Shares 03/03/2026 M 2,109 A $0 15,351.1318 D
Ordinary Shares 03/03/2026 M 151(1) A $0 15,502.1318 D
Ordinary Shares 03/04/2026 S 536(2) D $42.28 14,966.1318 D
Ordinary Shares 03/04/2026 S 536(3) D $42.28 14,430.1318 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 (4) 03/03/2026 M 151.9596(1) (4) (4) Ordinary Shares 151.9596 $0 691.0531 D
Restricted Stock Units (5) 03/03/2026 M 2,109 (6) (6) Ordinary Shares 2,109 $0 4,219 D
Restricted Stock Units (5) (7) (7) Ordinary Shares 4,976 4,976 D
Performance Stock Units (8) (9) (9) Ordinary Shares 5,189 5,189 D
Performance Stock Units (8) 03/03/2026 M 2,109 (10) (10) Ordinary Shares 2,109 $0 4,219 D
Performance Stock Units (8) (11) (11) Ordinary Shares 4,976 4,976 D
Explanation of Responses:
1. A fractional share of Dividend Equivalent Units ("DEUs") on the Restricted Stock Units ("RSUs") and Performance Stock Units ("PSUs") vesting was paid in cash.
2. Represents shares sold to cover withholding tax obligations on the settlement of vesting of the Reporting Person's RSUs.
3. Represents shares sold to cover withholding tax obligations on the settlement of the Reporting Person's PSUs.
4. Each 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 RSUs and/or PSUs to which they relate.
5. The RSUs convert to Ordinary Shares on a one-for-one basis.
6. 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.
7. 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.
8. The PSUs convert to Ordinary Shares on a one-for-one basis.
9. The PSUs were awarded on 3/1/2024 subject to meeting minimum performance criteria which was met at 100%. The PSUs vest in three annual equal installments. The remaining vesting will occur on 3/1/2027.
10. 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.
11. 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 03/05/2026
** 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 insider transactions did FDP executive Effie D. Silva report?

Effie D. Silva reported exercising RSU, PSU and Dividend Equivalent Unit awards into Fresh Del Monte Ordinary Shares at $0.00 per share, then selling 1,072 shares at $42.28. Footnotes explain the sales were solely to cover withholding tax obligations on vested equity awards.

How many Fresh Del Monte shares did Effie D. Silva sell and at what price?

Silva sold 1,072 Fresh Del Monte Ordinary Shares in two identical tranches of 536 shares each at $42.28 per share. According to footnotes, these open-market sales were executed to satisfy withholding tax obligations arising from the settlement of her vested RSUs and PSUs.

How many Fresh Del Monte shares does Effie D. Silva own after these transactions?

After the reported exercises and tax-related sales, Silva directly owned 14,430.1318 Fresh Del Monte Ordinary Shares. In addition, the filing shows continuing holdings of Restricted Stock Units, Performance Stock Units and Dividend Equivalent Units that convert one-for-one into Ordinary Shares as they vest or meet performance criteria.

What do the RSU and PSU awards in FDP’s Form 4 represent for Effie D. Silva?

Silva’s RSUs and PSUs each convert into one Fresh Del Monte Ordinary Share when vested, as noted in footnotes. RSUs awarded on 3/3/2025 and 3/2/2026 vest in three equal annual installments, while PSUs from 2024 and 2025 vested tranches met minimum performance criteria at 100%.

How are performance conditions described for Effie D. Silva’s FDP PSUs?

Footnotes state PSUs awarded on 3/1/2024 and 3/3/2025 were subject to minimum performance criteria that were met at 100%, vesting in three equal annual installments. PSUs granted on 3/2/2026 are earned based on minimum performance criteria, then vest annually over three years once earned.