Form 4: Fresh Del Monte Produce Inc.: Director Charles Beard Jr. Reports Changes in Beneficial Ownership
SEC Form 4 Filing
Director Charles Beard Jr. reports changes in beneficial ownership of Fresh Del Monte Produce Inc. securities, including the acquisition of dividend equivalent units.
Summary
- On March 29, 2024, Director Charles Beard Jr. reported changes in his beneficial ownership of Fresh Del Monte Produce Inc. securities.
- The reported transactions include the acquisition of 55.9788 Dividend Equivalent Units (DEUs) due to dividend accruals on existing Restricted Stock Units (RSUs).
- Beard directly owns 16,883.9183 ordinary shares.
- He also holds 191.6343 DEUs and 5,666 Restricted Stock Units (RSUs).
Sentiment
Score: 5
Explanation: This is a neutral regulatory filing; it doesn't inherently indicate positive or negative sentiment.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders, providing transparency to investors regarding the ownership positions and transactions of company directors.
Stakeholder Impact
- The filing provides transparency to shareholders regarding the holdings of a company director.
- It helps stakeholders understand the alignment of interests between management and shareholders.
Key Dates
| Date | Description |
|---|---|
| 03/29/2024 | Date of transaction: Acquisition of Dividend Equivalent Units. |
| 04/02/2024 | Date of signature for the Form 4 filing. |
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