ABU GHAZALEH MOHAMMAD 4

4 · FRESH DEL MONTE PRODUCE INC · Filed Mar 3, 2026

AI-generated summary of this filing

Updated Mar 3, 2026

FDP 10% Owner Mohammad Abu Ghazaleh Exercises Awards

What Happened

Mohammad Abu Ghazaleh, a reported 10% owner of Fresh Del Monte Produce Inc. (FDP), had derivative awards convert/exercise on March 1, 2026. The Form 4 shows acquired 57,721 shares and 4,305 shares (total 62,026) at $0.00 (conversion of awards), and nearly identical dispositions of 57,721 shares and 4,305.567 shares the same date. The transactions carry no purchase price because they are conversions of RSUs/PSUs; a fractional share (0.567) was paid out in cash per the filing.

Key Details

Transaction date: March 1, 2026; Form 4 filed March 3, 2026 (appears timely).
Reported entries: Acquired 57,721 and 4,305 shares (code M — exercise/conversion of derivative); Disposed 57,721 and 4,305.567 shares (code M).
Price: $0.00 for the conversions (these are award/vesting conversions, not open-market buys).
Net change: effectively a reduction of 0.567 shares (fraction paid in cash); otherwise the converted shares were almost entirely disposed on the same day.
Shares owned after transaction: not specified in the provided filing summary.
Notable footnotes: fractional Dividend Equivalent Unit (DEU) paid in cash (F1); DEUs/RSUs/PSUs convert 1-for-1 to ordinary shares and are subject to vesting/performance schedules (F2–F8). Some PSUs awarded 3/1/2024 were earned at 105.5% and vest in installments (remaining vestings noted on 3/1/2026 and 3/1/2027).

Context

These entries are derivative conversions (RSUs/PSUs) rather than open-market purchases or traditional option buys. The near-simultaneous acquisition and disposition of the same share amounts is consistent with conversions followed by immediate sale or transfer (commonly done to satisfy tax withholding or other post-vesting obligations), and the fractional share was settled in cash per the footnote.
As a 10% owner, this filing reflects beneficial-owner activity tied to awards/vesting rather than a discretionary market trade by an executive.

Form 4

Period: 2026-03-01

DirectorChairman and CEO10% Owner

Transactions

Exercise/Conversion
Ordinary Shares
2026-03-01+57,721→ 5,019,945 total
Exercise/Conversion
Ordinary Shares
[F1]
2026-03-01+4,305→ 5,024,250 total
Exercise/Conversion
Dividend Equivalent Units
[F2][F1]
2026-03-01−4,305.567→ 10,221.449 total
→ Ordinary Shares (4,305.567 underlying)
Exercise/Conversion
Performance Stock Units
[F6][F7]
2026-03-01−57,721→ 57,721 total
→ Ordinary Shares (57,721 underlying)

Holdings

Footnotes (8)

[F1]A fractional share of Dividend Equivalent Unit ("DEU") on the vesting of Performance Stock Unit ("PSUs") was paid in cash.
[F2]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.
[F3]The RSUs convert to Ordinary Shares on a one-for-one basis.
[F4]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.
[F5]The RSUs were awarded on 3/3/2025 and will vest in three equal installments over three years. The vestings will occur on 3/3/2026, 3/3/2027 and 3/3/2028.
[F6]The PSUs convert to Ordinary Shares on a one-for-one basis.
[F7]These PSUs were awarded on 3/1/2024 subject to meeting the minimum performance criteria which was met at 105.5%. The PSUs vest in three equal annual installments. The remaining vestings will occur on 3/1/2026 and 3/1/2027.
[F8]These 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.

Signature

/s/ Effie D. Silva, Attorney-in-Fact for Mohammad Abu-Ghazaleh|2026-03-03

1 file