ABU GHAZALEH AMIR 4
4 · FRESH DEL MONTE PRODUCE INC · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
Fresh Del Monte (FDP) Director Abu Ghazaleh Exercises RSUs, Receives Shares
What Happened Abu Ghazaleh, a director of Fresh Del Monte Produce Inc. (FDP), had derivative awards convert to ordinary shares and received an RSU award. On May 5, 2026 he recorded conversions/exercises of roughly 4,638 derivative units into ordinary shares (items of 149 and 4,489 shares; $0 per share). On May 4, 2026 he was recorded as acquiring 3,717 restricted stock units (RSUs) (also $0 per share). No cash purchase was reported—the transactions reflect awards/derivative conversions, not open-market buying or sales for cash.
Key Details
- Transaction types: A = grant/award (3,717 RSUs on 2026-05-04); M = exercise/conversion of derivatives (149 and 4,489 units on 2026-05-05).
- Prices/values: All transactions reported at $0.00 per share (typical for RSU vesting/conversion to underlying shares).
- Fractional/DEU notes: 0.2267 Dividend Equivalent Units (DEUs) were paid in cash for fractional shares; 149.2267 ordinary shares include shares acquired via a dividend reinvestment plan.
- Vesting/rights: DEUs represent contingent rights to one ordinary share each; RSUs convert one-for-one to ordinary shares. Some RSUs were noted as vested on one‑year anniversaries of grant dates (May 5, 2025 and May 4, 2026 per footnotes).
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Filing timeliness: Form 4 was filed May 6, 2026 for transactions on May 4–5, 2026 (appears timely under Form 4 deadlines).
Context These entries reflect equity compensation mechanics—RSU grants and the conversion/exercise of derivative units into ordinary shares—rather than purchases or open-market sales. Such transactions are common for executives and directors when awards vest or dividends are converted into share equivalents; they do not necessarily indicate a personal cash investment or a decision to sell company stock.
Insider Transaction Report
- Exercise/Conversion
Ordinary Shares
[F1]2026-05-05+149→ 3,284,444 total - Exercise/Conversion
Ordinary Shares
2026-05-05+4,489→ 3,284,295 total - Exercise/Conversion
Dividend Equivalent Units
[F2][F3]2026-05-05−149.227→ 0 total→ Ordinary Shares (149.227 underlying) - Exercise/Conversion
Restricted Stock Units
[F4][F5]2026-05-05−4,489→ 0 total→ Ordinary Shares (4,489 underlying) - Award
Restricted Stock Units
[F4][F6]2026-05-04+3,717→ 3,717 total→ Ordinary Shares (3,717 underlying)
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 represents a contingent right to receive one Ordinary Share of the Issuer. DEUs are subject to the same restrictions and vesting criteria based on the underlying Restricted Stock Units ("RSUs") to which they relate.
- [F3]Includes 149.2267 Ordinary 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).