Del Monte (DMC) President & COO Abbas Mohammed Buys 12,000 Shares

What Happened

• Abbas Mohammed, President & Chief Operating Officer of Del Monte Corp (DMC), purchased 12,000 ordinary shares in an open-market transaction on August 4, 2026.
• The weighted average price was $29.89 per share (range $29.79–$29.91), for a total transaction value of approximately $358,705. This filing reports an insider purchase (transaction code P).

Key Details

• Transaction date: 2026-08-04 (Period of Report); Form 4 filed: 2026-08-06. Filing appears timely (within required Form 4 window).
• Price: Weighted average $29.89; prices ranged $29.79–$29.91 (footnote F1).
• Shares acquired: 12,000; Total value ≈ $358,705.
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Notable footnotes: F1 explains the weighted average price and availability of per-price breakdown on request. Other footnotes (F2–F15) in the filing describe various RSU/PSU award terms, dividend equivalent units (DEUs), and vesting schedules unrelated to this open-market purchase.
• No indication of a 10b5-1 plan, gift, option exercise, or tax-withholding action tied to this transaction in the provided details.

Context

• Insider purchases are often monitored by investors as one data point on insider sentiment; this transaction is a straightforward open-market buy.
• The additional footnotes in the filing relate to the executive’s outstanding restricted and performance awards (vesting schedules and DEUs) and do not change the nature of this reported market purchase.