Form 4: Fresh Del Monte Produce Director Michael Berthelot Reports Share Transactions

Director Michael J. Berthelot reports acquisition and disposal of Fresh Del Monte Produce Inc. ordinary shares and derivative securities.

Summary

• Michael J. Berthelot, a director of Fresh Del Monte Produce Inc., filed a Form 4 detailing changes in beneficial ownership.
• On May 4, 2024, Berthelot acquired 5,666 ordinary shares and 191 ordinary shares through the vesting of Restricted Stock Units (RSUs) and Dividend Equivalent Units (DEUs), respectively.
• The director also disposed of 5,666 ordinary shares related to the vesting of RSUs.
• Following these transactions, Berthelot directly owns 19,716 ordinary shares.
• The reported transactions also involve derivative securities, specifically DEUs and RSUs, which convert to ordinary shares on a one-for-one basis.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing detailing stock transactions by a company director. It doesn't inherently convey positive or negative sentiment.

Industry Context

This filing is a routine disclosure related to insider transactions, which are common in publicly traded companies. It provides transparency into the trading activities of company directors.

Stakeholder Impact

• The transactions may have a minor impact on shareholders by slightly altering the ownership structure of the company.

Key Dates