FRESH DEL MONTE PRODUCE INC·4

Jun 1, 4:59 PM ET

Pelaez Reyes Jorge 4

Research Summary

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Fresh Del Monte (FDP) SVP Jorge Pelaez Sells 2,622 Shares

What Happened
Jorge Pelaez, Senior Vice President, Central America at Fresh Del Monte Produce (FDP), sold 2,622 ordinary shares in an open-market transaction on May 28, 2026. The weighted-average sale price was $33.19 per share for a total proceeds of approximately $87,027. This was a sale (not a purchase or award).

Key Details

  • Transaction date: 2026-05-28. Filing date: 2026-06-01 (filed within the normal Form 4 reporting window).
  • Price: weighted average $33.19; prices in the sale ranged from $33.1901 to $33.21 (footnote F1).
  • Shares sold: 2,622; total proceeds ≈ $87,027.
  • Shares owned after the transaction: not specified in this filing.
  • Relevant footnote: F1 explains the weighted average and price range and notes the reporting person can provide a per-price breakdown to the SEC or holders upon request. Several other footnotes in the filing describe the issuer’s equity award types (PSUs, RSUs, DEUs) and vesting schedules but do not change that this reported event was an open-market sale.

Context

  • This was an ordinary open-market sale (transaction code S). Sales by insiders can be routine (to diversify, cover taxes, etc.) and do not by themselves indicate the insider’s view of company prospects.
  • No indication here of option exercise, gift, or tax-withholding disposition tied to this specific sale.