FRESH DEL MONTE PRODUCE INC·4

Mar 11, 6:11 PM ET

SILVA EFFIE D 4

4 · FRESH DEL MONTE PRODUCE INC · Filed Mar 11, 2026

Research Summary

AI-generated summary of this filing

Updated

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
Period: 2026-03-09
SILVA EFFIE D
SVP, General Counsel & Secy
Transactions
  • Sale

    Ordinary Shares

    2026-03-09$41.94/sh5,894$247,1948,536.132 total
Holdings
  • Dividend Equivalent Units

    [F1]
    Ordinary Shares (691.053 underlying)
    691.053
  • Restricted Stock Units

    [F2][F3]
    Ordinary Shares (4,219 underlying)
    4,219
  • Restricted Stock Units

    [F2][F4]
    Ordinary Shares (4,976 underlying)
    4,976
  • Performance Stock Units

    [F5][F6]
    Ordinary Shares (5,189 underlying)
    5,189
  • Performance Stock Units

    [F5][F7]
    Ordinary Shares (4,219 underlying)
    4,219
  • Performance Stock Units

    [F5][F8]
    Ordinary Shares (4,976 underlying)
    4,976
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

Documents

1 file
  • 4
    wk-form4_1773267055.xmlPrimary

    FORM 4