Nabulsi Ziad 4
Research Summary
AI-generated summary
Fresh Del Monte (FDP) SVP Ziad Nabulsi Sells 7,395 Shares
What Happened
- Ziad Nabulsi, Senior Vice President, North American Operations of Fresh Del Monte Produce Inc. (FDP), sold 7,395 ordinary shares in an open-market transaction on March 6, 2026. The weighted average sale price was $42.01 (prices ranged $42.00–$42.07), producing gross proceeds of approximately $310,664. This filing reports a sale (S), not a purchase.
Key Details
- Transaction date: 2026-03-06; filing date (Form 4): 2026-03-10 (filed within the two business-day window — timely).
- Price: weighted average $42.01; price range $42.00–$42.07 (footnote F1).
- Shares sold: 7,395; gross proceeds ≈ $310,664.
- Shares owned after the transaction: not provided in the summary information supplied here — see the full Form 4 for post-transaction holdings.
- No 10b5-1 trading plan or tax-withholding notation was indicated in the provided details.
- Footnotes in the filing clarify equity awards and vesting schedules (see Context).
Context
- The filing includes multiple footnotes describing Dividend Equivalent Units (DEUs), Restricted Stock Units (RSUs) and Performance Stock Units (PSUs): DEUs convert to one ordinary share contingent on vesting (F2); RSUs and PSUs convert one-for-one to ordinary shares (F3, F6); several awards have multi-year vesting schedules with specified vesting dates and performance conditions (F4–F9). Some PSUs awarded previously met minimum performance criteria at 100% and have remaining vesting dates listed.
- This report documents a sale of existing shares. Sales can occur for many reasons (taxes, portfolio management, liquidity) and do not by themselves prove a change in the insider’s view of the company. For full ownership details and award schedules, review the complete Form 4 filing (Accession 0001857368-26-000011).