SILVA EFFIE D 4
4 · FRESH DEL MONTE PRODUCE INC · Filed Mar 11, 2026
Research Summary
AI-generated summary of this filing
Fresh Del Monte (FDP) SVP Effie D. Silva Sells 5,894 Shares
What Happened
- Effie D. Silva, SVP, General Counsel & Secretary of Fresh Del Monte Produce Inc. (FDP), sold 5,894 ordinary shares in an open-market disposition on 2026-03-09 at $41.94 per share, for total proceeds of $247,194. This was a sale (transaction code S), which is often routine and does not necessarily signal a change in insider sentiment.
Key Details
- Transaction date and price: 2026-03-09, 5,894 shares at $41.94 each.
- Total value: $247,194.
- Filing date: 2026-03-11 (covers the 3/9 transaction) — appears to be filed timely.
- Shares owned after transaction: not specified in the information provided in this summary.
- Notable footnotes (F1–F8): Filing includes multiple notes about equity awards — Dividend Equivalent Units (DEUs), Restricted Stock Units (RSUs), and Performance Stock Units (PSUs) convert one-for-one to ordinary shares and have specified award dates and multi-year vesting schedules (see F1–F8 for details). No 10b5-1 trading plan, tax-withholding sale, or other special sale-code was disclosed in the supplied details.
Context
- Sales by executives are common for liquidity or portfolio reasons; they are not as informative as purchases for gauging insider confidence. The filing here documents a straightforward open-market sale by a named executive, with no indication in the provided data of option exercises, cashless transactions, or gifts.
Insider Transaction Report
Form 4
SILVA EFFIE D
SVP, General Counsel & Secy
Transactions
- Sale
Ordinary Shares
2026-03-09$41.94/sh−5,894$247,194→ 8,536.132 total
Holdings
- 691.053
Dividend Equivalent Units
[F1]→ Ordinary Shares (691.053 underlying) - 4,219
Restricted Stock Units
[F2][F3]→ Ordinary Shares (4,219 underlying) - 4,976
Restricted Stock Units
[F2][F4]→ Ordinary Shares (4,976 underlying) - 5,189
Performance Stock Units
[F5][F6]→ Ordinary Shares (5,189 underlying) - 4,219
Performance Stock Units
[F5][F7]→ Ordinary Shares (4,219 underlying) - 4,976
Performance Stock Units
[F5][F8]→ Ordinary Shares (4,976 underlying)
Footnotes (8)
- [F1]Each Dividend Equivalent Unit ("DEU") represents a contingent right to receive one Ordinary Share of FDP. DEUs are subject to the same restrictions and vesting and/or performance criteria based on the underlying Restricted Stock Units ("RSUs") and/or Performance Stock Units ("PSUs") to which they relate.
- [F2]The RSUs convert to Ordinary Shares on a one-for-one basis.
- [F3]The RSUs were awarded on 3/3/2025 and vest in three equal installments over three years. The remaining vestings will occur on 3/3/2027 and 3/3/2028.
- [F4]The RSUs were awarded on 3/2/2026 and vest in three equal installments over three years. The vestings will occur on 3/2/2027, 3/2/2028 and 3/2/2029.
- [F5]The PSUs convert to Ordinary Shares on a one-for-one basis.
- [F6]The PSUs were awarded on 3/1/2024 subject to meeting minimum performance criteria which was met at 100%. The PSUs vest in three equal annual installments. The remaining vesting will occur on 3/1/2027.
- [F7]The PSUs were awarded on 3/3/2025 subject to meeting minimum performance criteria which was met at 100%. The PSUs vest in three equal annual installments. The remaining vestings will occur on 3/3/2027 and 3/3/2028.
- [F8]The PSUs were awarded on 3/2/2026 and are earned subject to meeting minimum performance criteria. Once earned, the PSUs vest in three equal annual installments on each of 3/2/2027, 3/2/2028 and 3/2/2029.
Signature
/s/ Effie D. Silva|2026-03-11