MARCUS LORI TAUBER 4
4 · FRESH DEL MONTE PRODUCE INC · Filed May 6, 2026
Research Summary
AI-generated summary of this filing
FDP Director Marcus Tauber Exercises RSUs, Receives Award
What Happened
Marcus Tauber, a director of Fresh Del Monte Produce Inc. (FDP), had a mix of RSU/derivative activity on May 4–5, 2026. The filing reports a grant/award of 3,717 derivative units (RSU-linked) on 2026-05-04 (no cash paid). On 2026-05-05 he shows conversions/exercises of derivative units totaling about 4,638 shares acquired and roughly 4,638.227 shares disposed the same day. All transactions are reported at $0.00 (conversion/settlement rather than a cash purchase).
Key Details
- Transaction types: A (grant/award) and M (exercise/conversion of derivative securities). All reported prices $0.00.
- Dates: Grant on 2026-05-04; conversions/exercises and same-day dispositions on 2026-05-05. Filing date: 2026-05-06 (within normal two-business-day Form 4 window).
- Share counts reported: +3,717 (grant, 5/4/2026); +4,489 and +149 acquired (5/5/2026); dispositions of 4,489 and 149.227 (5/5/2026).
- Net/rounding detail: A fractional 0.2267 DEU was paid in cash (footnote F1), accounting for the slight mismatch between acquired and disposed amounts.
- Shares owned after transaction: Not specified in the provided filing excerpt.
- Footnotes of note: DEUs represent contingent rights to one ordinary share (F2); RSUs convert one-for-one to ordinary shares (F4); 149.2267 shares include dividend reinvestment (F3); some RSUs vested earlier (F5) and some vest on the one‑year anniversary of grant (F6).
Context
These entries reflect RSU/derivative conversions and an RSU grant rather than open-market buys or sales. The $0.00 prices indicate conversion/settlement of equity awards or dividend-equivalent units (not a cash purchase). The filing records dispositions on the same day as conversions but does not state the reason (e.g., delivery to the issuer, transfer, or withholding for taxes); the fractional DEU was paid in cash per the footnote.
Insider Transaction Report
- Exercise/Conversion
Ordinary Shares
2026-05-05+4,489→ 27,112 total - Exercise/Conversion
Ordinary Shares
[F1]2026-05-05+149→ 27,261 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 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).