4/A: Fresh Del Monte Produce Director Amends SEC Filing to Correct Dividend Amount

Michael J. Berthelot, a director at Fresh Del Monte Produce, amends a previous SEC Form 4 filing to correct an error in the reported dividend amount related to Dividend Equivalent Units (DEUs).

Summary

• Michael J. Berthelot, a director at Fresh Del Monte Produce Inc. (FDP), has amended a previous SEC Form 4 filing.
• The amendment, filed on February 29, 2024, corrects the dividend amount related to Dividend Equivalent Units (DEUs) that was incorrectly reported in the original filing on December 12, 2023.
• The corrected filing shows that Mr. Berthelot acquired 48.2465 DEUs on December 8, 2023, as a result of dividend equivalents accrued with respect to outstanding Restricted Stock Units (RSUs).
• These DEUs represent a contingent right to receive one ordinary share of FDP and are subject to the same restrictions and vesting criteria as the underlying RSUs.
• The director now holds 135.6555 DEUs.
• The amendment clarifies that there were no other changes to the original Form 4 besides the correction of the dividend amount.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor administrative error. It doesn't contain any information that would significantly impact investor sentiment positively or negatively.

Industry Context

This is a routine regulatory filing related to insider transactions and dividend equivalents, common in publicly traded companies. It does not indicate any significant strategic shift or competitive development within the fresh produce industry.

Key Dates