Form 4: Fresh Del Monte Produce Director Mary Ann Cloyd Reports Stock Transactions
SEC Form 4 Filing
Director Mary Ann Cloyd reports acquisition and disposal of Fresh Del Monte Produce Inc. ordinary shares and derivative securities.
Summary
- On May 7, 2025, Mary Ann Cloyd, a director of Fresh Del Monte Produce Inc., reported transactions involving the company's ordinary shares and derivative securities.
- She acquired 230 ordinary shares and 6,162 ordinary shares through the vesting of dividend equivalent units and restricted stock units, respectively, at a price of $0.
- She also acquired 230.7924 dividend equivalent units and 6,162 restricted stock units upon vesting.
- Additionally, on May 5, 2025, she acquired 4,489 restricted stock units.
- Following these transactions, Cloyd directly owns 27,240 ordinary shares and 4,489 restricted stock units.
Sentiment
Score: 6
Explanation: The sentiment is neutral as the document simply reports transactions by a company director, which is a routine regulatory filing. There is no indication of positive or negative sentiment towards the company's prospects.
Positives
- The acquisition of shares through vesting of restricted stock units and dividend equivalent units indicates a continued alignment of the director's interests with the company's performance.
Industry Context
Form 4 filings are standard disclosures required by the SEC to provide transparency into the transactions of company insiders, allowing investors to monitor the actions of those with privileged information.
Stakeholder Impact
- The transactions may provide stakeholders with insights into the director's view of the company's value and future prospects.
Key Dates
| Date | Description |
|---|---|
| 05/07/2024 | Date that 6,162 Restricted Stock Units vested. |
| 05/05/2025 | Date of acquisition of 4,489 Restricted Stock Units. |
| 05/07/2025 | Date of transactions involving ordinary shares and derivative securities. |
| 05/05/2026 | Date that 4,489 Restricted Stock Units shall vest. |
Keywords
Form 4, Fresh Del Monte Produce, Director, Mary Ann Cloyd, Ordinary Shares, Restricted Stock Units, Dividend Equivalent Units, Beneficial Ownership, SEC
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