Form 4: Fresh Del Monte Produce Inc. Director Abu Ghazaleh Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Amir Abu Ghazaleh reports acquisition of dividend equivalent units and disposal of restricted stock units in Fresh Del Monte Produce Inc.
Summary
- Amir Abu Ghazaleh, a director of Fresh Del Monte Produce Inc., filed a Form 4 detailing changes in beneficial ownership.
- The report indicates the acquisition of 55.9788 Dividend Equivalent Units (DEUs) on March 29, 2024, resulting from dividend equivalents accrued on outstanding Restricted Stock Units (RSUs).
- The director also disposed of 191.6343 DEUs.
- The director continues to directly own 3,267,557 Ordinary Shares.
- The director continues to directly own 5,666 Restricted Stock Units.
Sentiment
Score: 5
Explanation: The document is a standard regulatory filing detailing changes in beneficial ownership, with no inherent positive or negative sentiment.
Industry Context
Form 4 filings are a routine part of corporate governance, providing transparency into the transactions of company insiders.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of a company director.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction involving Dividend Equivalent Units. |
| May 4, 2023 | Grant date of the Restricted Stock Units. |
| 04/02/2024 | Date of signature on the Form 4 filing. |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.