Fresh Del Monte (FDP) SVP sells 1,325 shares; remaining 6,052
Fresh Del Monte Produce (FDP) reported an insider transaction on Form 4.
Rhea-AI Filing Summary
Fresh Del Monte Produce (FDP) reported an insider transaction on Form 4. The company’s SVP, General Counsel & Secretary sold 1,325 ordinary shares at a weighted average price of $36.7876 on 11/07/2025. Following the sale, the reporting person directly holds 6,052.1226 shares.
Disclosed equity awards include Dividend Equivalent Units of 1,136.9546 shares, Restricted Stock Units of 1,045 (awarded 3/2/2023; remaining vesting 3/2/2026) and 6,328 (awarded 3/3/2025; vesting on 3/3/2026, 3/3/2027, 3/3/2028), and Performance Stock Units of 10,378 (awarded 3/1/2024; remaining vesting 3/1/2026 and 3/1/2027) and 6,328 (awarded 3/3/2025; vesting on 3/3/2026, 3/3/2027, 3/3/2028). DEUs, RSUs, and PSUs convert to ordinary shares on a one-for-one basis as described.
Positive
- None.
Negative
- None.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Ordinary Shares | 1,325 | $36.7876 | $49K |
| holding | Dividend Equivalent Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Restricted Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
| holding | Performance Stock Units | -- | -- | -- |
Footnotes (10)
- F1. Represents the weighted average price of the shares sold. The prices of the shares sold pursuant to the transaction ranged from $36.7801 to $36.8401 per share. The Reporting Person, upon request, will provide the Securities and Exchange Commission staff, the issuer or a security holder of the issuer full information regarding the number of shares sold at each separate price.
- F2. Includes 0.009301 Ordinary Shares acquired through a dividend reinvestment plan.
- F3. 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.
- F4. Includes 208.9715 shares acquired through a dividend reinvestment plan.
- F5. The RSUs convert to Ordinary Shares on a one-for-one basis.
- F6. 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.
- F7. The RSUs were awarded on 3/3/2025 and vest in three equal installments over three years. The vestings will occur on each of 3/3/2026, 3/3/2027 and 3/3/2028.
- F8. The PSUs convert to Ordinary Shares on a one-for-one basis.
- F9. 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 vestings will occur on 3/1/2026 and 3/1/2027.
- F10. 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.
FAQ
What insider transaction did FDP report on Form 4?
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What DEUs are reported and how do they convert?
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