FRESH DEL MONTE PRODUCE INC·4

May 6, 5:30 PM ET

MARCUS LORI TAUBER 4

Research Summary

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Updated

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.