SILVA EFFIE D 4
Research Summary
AI-generated summary
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.