Renino Gianpaolo 4

What Happened
Renino Gianpaolo, Senior Vice President, Europe & Africa of Fresh Del Monte Produce Inc. (FDP), sold 6,297 ordinary shares in an open-market sale on March 6, 2026. The weighted average sale price was $41.46 per share (price range $41.46–$41.52), for total proceeds of approximately $261,074. This was a sale (not a purchase or option exercise), which is generally considered routine insider selling rather than a direct bullish signal.

Key Details

• Transaction date: 2026-03-06 (reported on Form 4 filed 2026-03-10).
• Sale: 6,297 shares; weighted average price $41.46; price range $41.46–$41.52; proceeds ≈ $261,074 (see footnote F1).
• Shares owned after transaction: not specified in the provided excerpt of the filing.
• Notable footnotes: F1 clarifies the weighted-average price and provides the per-share price range; additional footnotes (F2–F13) in the filing describe outstanding RSUs/PSUs, dividend-equivalent units, and vesting schedules for various awards.
• Timeliness: Form 4 was filed on 2026-03-10 for a 2026-03-06 transaction; this filing date is within the standard two business-day reporting window and appears timely.

Context

• Sales (S) are typically routine insider transactions and do not necessarily indicate a change in company outlook; purchases are generally considered more informative as a bullish signal.
• Footnote F1: the filer can provide a breakdown of how many shares sold at each price within the $41.46–$41.52 range upon request.
• Several other footnotes in the filing describe the nature and vesting schedules of performance stock units (PSUs), restricted stock units (RSUs) and dividend-equivalent units (DEUs) that relate to the reporting person’s equity compensation, which may explain sources of shares sold.