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

Jesus Rodriguez Calvo, SVP of NA Sales & Marketing 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.

Summary

• Jesus Rodriguez Calvo, a Senior Vice President at Fresh Del Monte Produce, filed an amendment to a previous Form 4 with the SEC.
• The amendment 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. Calvo acquired 87.6751 DEUs on December 8, 2023.
• These DEUs represent a contingent right to receive one Ordinary Share of Fresh Del Monte Produce each.
• The DEUs are subject to the same restrictions and vesting conditions as the underlying Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) to which they relate.
• Following the transaction, Mr. Calvo beneficially owns 364.9363 DEUs directly.

Sentiment

Score: 7

Explanation: The document is a routine regulatory filing correcting a minor error. It doesn't indicate any significant positive or negative developments for the company. The sentiment is neutral to slightly positive due to the transparency of correcting the error.

Industry Context

This filing is a routine disclosure related to insider transactions and dividend accruals, common for publicly traded companies. It provides transparency into the holdings of company executives.

Key Dates