Form 4: Fresh Del Monte Produce Inc.: Director Abu-Ghazaleh Reports Changes in Beneficial Ownership

Director Ahmad Abu-Ghazaleh reports changes in beneficial ownership of Fresh Del Monte Produce Inc. securities, including the acquisition of dividend equivalent units and holdings of ordinary shares and restricted stock units.

Summary

• On September 6, 2024, Ahmad Abu-Ghazaleh, a director of Fresh Del Monte Produce Inc., reported changes in beneficial ownership.
• The report includes the acquisition of 53.3766 Dividend Equivalent Units (DEUs).
• Abu-Ghazaleh directly owns 42,147 Ordinary Shares.
• Abu-Ghazaleh indirectly owns 40,000 Ordinary Shares held by children.
• He also holds 6,162 Restricted Stock Units (RSUs) that will vest on May 7, 2025.
• The 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.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing, so the sentiment is neutral.

Industry Context

This filing is a routine disclosure related to changes in beneficial ownership by a company insider, which is a common occurrence for publicly traded companies.

Stakeholder Impact

• The filing provides transparency to shareholders regarding the ownership stake of a company director.

Key Dates